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Applied Materials (NASDAQ: AMAT) grants director 279 RSUs

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

APPLIED MATERIALS INC /DE (AMAT) reported that non-employee director Akash J. Palkhiwala received an automatic initial grant of 279 restricted stock units of common stock under the Applied Materials, Inc. Employee Stock Incentive Plan on August 27, 2026. These RSUs are scheduled to vest on March 1, 2027, subject to his continued service as a director through that date. Pursuant to his deferral election, any vested units will be converted on a one-for-one basis into shares of Applied common stock and delivered to him upon his termination of service from the Applied Board. Following this grant, he is reported as holding 279 shares/units directly in this award line.

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Insider Palkhiwala Akash J.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 279 $0.00 $0.00
Holdings After Transaction: Common Stock — 279 shares (Direct)
Footnotes (1)
  1. F1. Represents automatic initial grant of restricted stock units to a non-employee director upon appointment to the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units are scheduled to vest on March 1, 2027 (subject to continued service as a director through the vesting date). Pursuant to Mr. Palkhiwala's election to defer, any units that vest from this grant will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.
Restricted stock units granted 279 shares Automatic initial grant to non-employee director on August 27, 2026
Transaction price per share $0.00 Equity award, not a market purchase
Total shares following transaction 279 shares Reported direct holdings in this award line after the grant
RSU vesting date March 1, 2027 Vesting subject to continued service as a director
restricted stock units financial
"Represents automatic initial grant of restricted stock units to a non-employee director"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Employee Stock Incentive Plan financial
"upon appointment to the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan"
one-for-one basis financial
"any units that vest from this grant will be converted on a one-for-one basis"
termination of service financial
"paid to him on the date of his termination of service from the Applied Board"

FAQ

What did AMAT director Akash J. Palkhiwala report on this Form 4?

He reported an automatic initial grant of 279 restricted stock units of Applied Materials common stock as a non-employee director, granted on August 27, 2026 under the Employee Stock Incentive Plan.

At what price were the AMAT shares reported in this Form 4 granted?

The 279 restricted stock units were reported with a transaction price of $0.00 per share, reflecting a director equity grant rather than a market purchase.

When do Akash J. Palkhiwala’s AMAT restricted stock units vest?

The filing states that the 279 restricted stock units are scheduled to vest on March 1, 2027, provided he continues to serve as a director through that vesting date.

How and when will the vested AMAT RSUs be paid to Akash J. Palkhiwala?

According to the filing, any units that vest from this grant will be converted one-for-one into shares of Applied common stock and paid on the date of his termination of service from the Applied Materials Board.

What is Akash J. Palkhiwala’s reported AMAT holdings after this transaction?

The Form 4 line for this grant reports 279 shares/units as the total shares following the transaction, held directly in connection with this award.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Palkhiwala Akash J.

(Last)(First)(Middle)
C/O APPLIED MATERIALS, INC.
3050 BOWERS AV, M/S 1268, P.O. BOX 58039

(Street)
SANTA CLARA CALIFORNIA 95052-8039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/27/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/27/2026A279(1)A$0279D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents automatic initial grant of restricted stock units to a non-employee director upon appointment to the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units are scheduled to vest on March 1, 2027 (subject to continued service as a director through the vesting date). Pursuant to Mr. Palkhiwala's election to defer, any units that vest from this grant will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.
Remarks:
/s/ Brendan Christian, Attorney-in-Fact08/31/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)