Applied Materials director granted 741 RSUs
Applied Materials director Aart de Geus received an equity award in the form of restricted stock units.
Rhea-AI Filing Summary
Applied Materials director Aart de Geus received an equity award in the form of restricted stock units. On March 12, he was granted 741 shares of Applied Materials common stock as a stock award at no purchase price. According to the footnote, these restricted stock units convert on a one-for-one basis into common shares when they vest, with vesting scheduled for March 1, 2027, contingent on his continued service on the Board. Following this award, his directly held common stock position is reported at 111,783 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 741 | $0.00 | $0.00 |
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 AMAT director Aart de Geus report?
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