Applied Materials (NASDAQ: AMAT) CFO sale leaves 128,613-share stake
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 Trade Summary
Net Seller: 7,500 shares
Net Sell
1 txn
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)
- 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).
Key Figures
Shares sold: 7,500 shares
Sale price per share: $479.2501 per share
Shares owned after transaction: 128,613 shares
+4 more
7 metrics
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
Key Terms
performance share units, restricted stock units, vesting, one-for-one basis, +1 more
5 terms
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.
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.
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.