STOCK TITAN

Applied Materials (NASDAQ: AMAT) CFO sale leaves 128,613-share stake

(Very High)
(Negative)
Form Type
4

Rhea-AI Filing Summary

APPLIED MATERIALS INC /DE (AMAT) officer Brice Hill, SVP and CFO, reported selling 7,500 shares of common stock on 2026-08-25 in an open-market or private transaction at $479.2501 per share. After this sale, he directly holds 128,613 shares, which include 85,503 performance share units and restricted stock units that will convert into common stock upon vesting between December 2026 and December 2028, subject to continued employment and performance goals.

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Insights

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Insider Hill Brice
Role SVP, CFO
Sold 7,500 shs ($3.59M)
Type Security Shares Price Value
Sale Common Stock F1 7,500 $479.2501 $3.59M
Holdings After Transaction: Common Stock — 128,613 shares (Direct)
Footnotes (1)
  1. F1. Number of shares includes 85,503 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) 33,272 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 52,231 performance share units are scheduled to vest in installments in December of 2026 through 2028, 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).
Shares sold 7,500 shares Common stock sale on 2026-08-25 by SVP, CFO Brice Hill
Sale price per share $479.2501 per share Price for 7,500 AMAT common shares sold on 2026-08-25
Shares owned after transaction 128,613 shares Direct AMAT common stock holdings following the reported sale
Equity awards included in share count 85,503 units Performance share units and restricted stock units included in total shares
Restricted stock units scheduled to vest 33,272 units RSUs scheduled to vest in installments in December 2026 through 2028
Performance share units scheduled to vest 52,231 units Target number of PSUs vesting in installments in December 2026 through 2028
PSU vesting range 0% to 200% of target Actual PSUs vesting depend on achievement of specified performance goals
performance share units financial
"includes 85,503 performance share units and restricted stock units previously reported"
Performance share units are a type of company stock award given to employees that depend on the company meeting specific goals or targets. If these goals are achieved, the employee receives shares or the value of shares; if not, they may receive little or no compensation. This aligns employees’ interests with the company's success and encourages performance that benefits investors.
restricted stock units financial
"33,272 restricted stock units are scheduled to vest in installments"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vesting financial
"will be converted on a one-for-one basis into shares ... upon vesting"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
one-for-one basis financial
"converted on a one-for-one basis into shares of Applied Materials, Inc."
continued employment financial
"all vesting is subject to continued employment through each applicable vesting date"
Continued employment means that an individual remains in their current job without interruption. For investors, it signals stability and ongoing work that can affect company performance and future prospects. Like a steady heartbeat for a business, sustained employment helps ensure consistent operations and financial health.

FAQ

What insider transaction did AMAT SVP & CFO Brice Hill report?

Brice Hill reported a sale of 7,500 AMAT common shares on 2026-08-25, coded as a sale in an open-market or private transaction at $479.2501 per share. After the transaction, he directly holds 128,613 shares, including time- and performance-based stock units.

How many AMAT shares does Brice Hill hold after this Form 4 transaction?

After the reported sale, Brice Hill directly holds 128,613 shares of AMAT common stock. This figure includes 85,503 performance share units and restricted stock units that may convert into shares upon vesting, subject to continued employment and specified performance goals through 2028.

What is the structure of Brice Hill’s unvested AMAT equity awards?

Brice Hill’s total includes 85,503 performance share units and restricted stock units. Of these, 33,272 restricted stock units are scheduled to vest in installments in December 2026–2028, and 52,231 performance share units are scheduled to vest in installments over the same period, subject to performance.

How are Brice Hill’s AMAT performance share units determined at vesting?

The 52,231 performance share units represent a target amount. The actual shares that may vest range from 0% to 200% of that target, depending on achievement of specified performance goals and continued employment through each applicable December 2026–2028 vesting date.

Did the Form 4 indicate use of a Rule 10b5-1 trading plan for AMAT?

The filing’s Rule 10b5-1 checkbox is not checked and there is no footnote indicating a plan, so the sale of 7,500 shares on 2026-08-25 is reported without being identified as pursuant to a pre-arranged Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Hill Brice

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

(Street)
SANTA CLARA CALIFORNIA 95052-8039

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/25/2026S7,500D$479.2501128,613(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Number of shares includes 85,503 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) 33,272 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 52,231 performance share units are scheduled to vest in installments in December of 2026 through 2028, 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/ Brendan Christian, Attorney-in-Fact08/27/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)