Applied Materials director gets 279 RSUs
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.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 279 | $0.00 | $0.00 |
Footnotes (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.
Key Figures
Key Terms
restricted stock units financial
Employee Stock Incentive Plan financial
one-for-one basis financial
termination of service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AMAT director Akash J. Palkhiwala report on this Form 4?
When do Akash J. Palkhiwala’s AMAT restricted stock units vest?
How and when will the vested AMAT RSUs be paid to Akash J. Palkhiwala?
What is Akash J. Palkhiwala’s reported AMAT holdings after this transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.