Board member at Applied Materials (NASDAQ: AMAT) granted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ANDERSON JAMES ROBERT reported acquisition or exercise transactions in this Form 4 filing.
Applied Materials director James Robert Anderson received an equity award of 741 shares of common stock on March 12, 2026. The award is an automatic annual grant of restricted stock units for non-employee board members under the company’s Employee Stock Incentive Plan.
The units are scheduled to vest on March 1, 2027, subject to his continued service as a director. Following this grant, his direct holdings total 1,547 shares, including 806 previously granted restricted stock units that have vested but are deferred until his termination from the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ANDERSON JAMES ROBERT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 741 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,547 shares (Direct)
Footnotes (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 are scheduled to vest on March 1, 2027 (subject to continued service as a director through the vesting date). Pursuant to Mr. Anderson'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. Number of shares includes 806 restricted stock units previously reported that have vested and which, pursuant to Mr. Anderson's election to defer, 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.
FAQ
What did AMAT director James Robert Anderson report in this Form 4?
He reported receiving an automatic annual grant of 741 restricted stock units as equity compensation. These units are tied to his role as a non-employee director under the Applied Materials Employee Stock Incentive Plan.
When do James Robert Anderson’s newly granted AMAT restricted stock units vest?
The 741 restricted stock units are scheduled to vest on March 1, 2027, conditioned on his continued service as a director. Vesting converts the units into shares of Applied Materials common stock on a one-for-one basis, subject to his deferral election.
How are James Robert Anderson’s AMAT restricted stock units paid out under his deferral election?
Under his deferral election, any units that vest, including this grant and 806 previously vested units, will convert one-for-one into Applied Materials common stock. Payment occurs on the date of his termination of service from the company’s board.