[Form 4] APPLIED MATERIALS INC /DE Insider Trading Activity

Rhea-AI Filing Summary

Applied Materials reported a Form 4 for reporting person Timothy M. Deane showing an automatic disposition of 1,587 shares on 10/01/2025 at a price of $217.74 to cover tax withholding on vested restricted stock units. After the transaction, Mr. Deane beneficially owns 133,729 shares. The filing notes 75,334 equity awards (restricted stock units and performance share units) that will convert on a one-for-one basis upon future vesting, including 36,524 RSUs scheduled to vest in installments through 2027 and 38,810 PSUs targeted to vest December 2025–2027 (actual PSU payout may range from 0% to 200% of target).

Positive

• Officer maintains significant stake with 133,729 shares beneficially owned after the withholding sale
• Clear vesting schedules disclosed for 36,524 RSUs and 38,810 PSU target shares through 2027, providing transparency on future share conversion timing

Negative

• Disposition of 1,587 shares at $217.74 (withholding) reduces reported direct holdings
• PSU payouts subject to wide range (0%–200%), creating uncertainty in future share count from performance awards

Insights

Corporate Governance Analyst

Insider disposed 1,587 shares to satisfy tax withholding; beneficial ownership remains substantial at 133,729 shares.

The Form 4 records a routine withholding sale on 10/01/2025 at $217.74 tied to RSU vesting. This transaction is described as exempt under Rule 16b-3, indicating it is part of standard compensation mechanics rather than an open-market directional sale.

This preserves the officer's ongoing equity alignment while documenting the administrative change in share count reported to the market.

Executive Compensation Analyst

The filing discloses 75,334 unconverted awards: 36,524 RSUs and 38,810 PSU target shares vesting through 2027.

The note clarifies RSU vesting schedules (January 2026; October 2026; December 2025–2027) and PSU target timing (December 2025–2027) with PSUs subject to a 0%–200% payout range based on performance. These details define the timing and conditionality of future dilution and potential executive reward realization.

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^*

Deane Timothy M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Applied Global Services

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		F		1,587(1)	D	$217.74	133,729(2)	D

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 number of shares that was automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

2. Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 75,334 performance share units and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 36,524 restricted stock units are scheduled to vest in January of 2026, October of 2026, and December of 2025 through 2027, and (b) 38,810 performance share units are scheduled to vest in installments in December of 2025 through 2027, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date).

Remarks:

	/s/ To-Anh Nguyen, Attorney-in-Fact	10/03/2025
	** 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 transaction did AMAT officer Timothy Deane report on Form 4?

The Form 4 reports an automatic disposition of 1,587 shares on 10/01/2025 at $217.74 to satisfy tax withholding from vested RSUs.

How many Applied Materials shares does Timothy Deane beneficially own after the transaction?

After the reported transaction, Mr. Deane beneficially owns 133,729 shares.

What unvested awards are disclosed in the filing for AMAT insider?

The filing discloses 75,334 awards pending conversion: 36,524 RSUs with scheduled vesting through 2027 and 38,810 PSU target shares vesting December 2025–2027.

Are the reported transactions routine or market sales?

The Form 4 states the withholding sale was exempt under Rule 16b-3, indicating a routine transaction tied to compensation tax withholding rather than an open-market sale.

What is the performance range for the disclosed PSUs?

The performance share units have a payout range of 0% to 200% of the target amount, depending on achievement of specified performance goals.