Applied Materials director gets 741-share award
Applied Materials director Rani Borkar reported receiving an equity award of 741 restricted stock units on common stock as a non-employee Board member.
Rhea-AI Filing Summary
Applied Materials director Rani Borkar reported receiving an equity award of 741 restricted stock units on common stock as a non-employee Board member. The grant was made under the company’s Employee Stock Incentive Plan and carries no cash exercise price.
The restricted stock units convert into an equal number of Applied Materials common shares upon vesting, which is scheduled for March 1, 2027, subject to her continued service as a director through that date. After this grant, she holds 741 shares directly and 9,199 shares indirectly through a family trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 741 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur on March 1, 2027 (subject to continued service as a director through the vesting date).
FAQ
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What insider transaction did Rani Borkar report at Applied Materials (AMAT)?
When do Rani Borkar’s Applied Materials restricted stock units vest?
Is Rani Borkar’s Form 4 transaction in AMAT stock a market purchase or sale?
What plan governs Rani Borkar’s restricted stock unit grant at Applied Materials?
AI-generated analysis. How Rhea-AI works. Not financial advice.