Applied Materials (NASDAQ: AMAT) CEO sells 83K shares and gifts 17K
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
APPLIED MATERIALS INC /DE President and CEO Gary E. Dickerson reported significant insider transactions in Common Stock. Over June 15–16, 2026, he sold a total of 83,000 shares in a series of open-market trades at prices generally around $590–$599.50 per share, based on weighted-average pricing disclosures. He also made a bona fide gift of 17,000 shares at no consideration. Following these transactions, he directly holds 1,678,164 shares of Applied Materials common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 83,000 shares ($49,239,084)
Net Sell
12 txns
Insider
DICKERSON GARY E
Role
President and CEO
Sold
83,000 shs ($49.24M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 15,755 | $590.52 | $9.30M |
| Sale | Common Stock | 9,186 | $591.40 | $5.43M |
| Sale | Common Stock | 10,411 | $592.18 | $6.17M |
| Sale | Common Stock | 4,682 | $593.51 | $2.78M |
| Sale | Common Stock | 4,535 | $594.74 | $2.70M |
| Sale | Common Stock | 5,933 | $595.59 | $3.53M |
| Sale | Common Stock | 13,505 | $596.82 | $8.06M |
| Sale | Common Stock | 4,457 | $597.45 | $2.66M |
| Sale | Common Stock | 2,426 | $598.56 | $1.45M |
| Sale | Common Stock | 837 | $599.35 | $502K |
| Gift | Common Stock | 17,000 | $0.00 | -- |
| Sale | Common Stock | 11,273 | $590.03 | $6.65M |
Holdings After Transaction:
Common Stock — 1,751,136 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $590.00 to $590.16, inclusive. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price set forth in footnote 1 and footnotes 3 through 12 to this Form 4. 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 379,244 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 common stock upon vesting, which vesting is scheduled to occur as follows: (a) 66,063 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 313,181 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). The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $590.00 to $590.99, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $591.00 to $591.94, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $592.02 to $593.00, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $593.11 to $594.07, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $594.14 to $595.03, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $595.16 to $596.03, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.20 to $597.18, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.20 to $598.13, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.20 to $599.19, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.22 to $599.50, inclusive.
Key Figures
Shares sold: 83,000 shares
Shares gifted: 17,000 shares
Post-transaction holdings: 1,678,164 shares
+3 more
6 metrics
Shares sold
83,000 shares
Total Common Stock sold in open-market transactions on June 15–16, 2026
Shares gifted
17,000 shares
Bona fide gift of Common Stock reported with price $0.0000 per share
Post-transaction holdings
1,678,164 shares
Common Stock directly owned by Gary Dickerson after reported transactions
Sample sale price
$599.35 per share
One reported weighted-average sale price for a 837-share trade
Largest single sale block
15,755 shares
Open-market sale at a reported price of $590.52 per share
Equity awards included
379,244 units
Performance share units and restricted stock units included in reported holdings
Key Terms
bona fide gift, weighted average price, performance share units, restricted stock units, +2 more
6 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift" for the 17,000-share transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock units financial
"66,063 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.
Rule 16a-3 regulatory
"payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3"
Rule 16b-3 regulatory
"payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
FAQ
What insider transactions did AMAT CEO Gary Dickerson report?
Gary Dickerson reported open-market sales and a gift of Applied Materials stock. He sold 83,000 Common Stock shares in multiple trades and made a bona fide gift of 17,000 shares, all disclosed as non-derivative transactions on June 15–16, 2026.
What are Gary Dickerson’s AMAT holdings after these insider transactions?
After the reported sales and the 17,000-share gift, Gary Dickerson directly owns 1,678,164 Applied Materials Common Stock shares. This post-transaction holding figure comes from the totals reported in the non-derivative transaction table in the Form 4 data.