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Applied Materials (NASDAQ: AMAT) grants 741 RSUs to director

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED 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*
Borkar Rani

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

(Street)
SANTA CLARA CA 95052-8039

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 03/12/2026 A 741(1) A $0 741 D
Common Stock 9,199 I By Family Trust
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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).
Remarks:
/s/ To-Anh Nguyen, Attorney-in-Fact 03/13/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transaction did Rani Borkar report at Applied Materials (AMAT)?

Director Rani Borkar reported receiving an award of 741 restricted stock units in Applied Materials common stock. The grant is part of her compensation as a non-employee board member under the company’s Employee Stock Incentive Plan, with no cash purchase involved.

When do Rani Borkar’s Applied Materials restricted stock units vest?

The 741 restricted stock units are scheduled to vest on March 1, 2027, if she continues serving as a director through that date. Upon vesting, each unit will convert into one share of Applied Materials common stock, increasing her directly held share count.

Is Rani Borkar’s Form 4 transaction in AMAT stock a market purchase or sale?

The Form 4 reports a grant of 741 restricted stock units, not a market purchase or sale. It is an automatic annual equity award to a non-employee director under the Employee Stock Incentive Plan, with shares delivered only upon future vesting.

How many Applied Materials shares does Rani Borkar hold after this Form 4 grant?

Following the reported grant, Rani Borkar holds 741 shares of Applied Materials common stock directly. She also has indirect ownership of 9,199 shares through a family trust, reflecting both her personal and trust-related positions disclosed in the filing.

What plan governs Rani Borkar’s restricted stock unit grant at Applied Materials?

The 741-share restricted stock unit award was granted under the Applied Materials, Inc. Employee Stock Incentive Plan. This plan provides automatic annual equity grants to non-employee board members, with units converting into common shares when vesting conditions are satisfied.
Applied Matls Inc

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Semiconductor Equipment & Materials
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SANTA CLARA