Applied Materials (AMAT) exec sells 50,000 shares via living trust

Rhea-AI Filing Summary

APPLIED MATERIALS INC /DE President, Semi. Products Grp. G. Raja Prabu reported open-market sales of a total of 50,000 shares of common stock on June 4, 2026, executed through a living trust. The shares were sold in four blocks at weighted average prices, with individual trades occurring between $503.99 and $507.23 per share.

Following these transactions, the living trust held 381,333 shares indirectly. A separate holding entry shows 100,663 shares held directly, which includes 100,517 performance share units and restricted stock units that may convert into shares upon vesting in installments scheduled from December 2026 through December 2028, subject to continued employment and performance goals.

Insider Trade Summary

Net Seller: 50,000 shares ($25,264,197)

Net Sell 5 txns

Insider Raja Prabu G.

Role President, Semi. Products Grp.

Sold 50,000 shs ($25.26M)

Type	Security	Shares	Price	Value
Sale	Common Stock	25,309	$504.66	$12.77M
Sale	Common Stock	15,083	$505.51	$7.62M
Sale	Common Stock	7,805	$506.46	$3.95M
Sale	Common Stock	1,803	$507.06	$914K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 381,333 shares (Indirect, Through Living Trust); Common Stock — 100,663 shares (Direct, null)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $503.99 to $504.98, 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 within the ranges set forth in footnotes 1, 2, 3, and 4 to this Form 4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $504.99 to $505.98, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $505.99 to $506.98, inclusive. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $506.99 to $507.23, inclusive. 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 100,517 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) 39,181 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 61,336 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: 50,000 shares Sale price range: $503.99–$507.23 per share Indirect holdings after sale: 381,333 shares +4 more

7 metrics

Shares sold 50,000 shares Total common shares sold on June 4, 2026 via living trust

Sale price range $503.99–$507.23 per share Price ranges for multiple weighted-average sale transactions

Indirect holdings after sale 381,333 shares Common shares held indirectly through living trust after sales

Direct reported holdings 100,663 shares Direct holding entry including equity units as of Form 4

Equity units included 100,517 units Performance share units and restricted stock units included in direct total

Restricted stock units 39,181 units RSUs scheduled to vest in installments in December 2026–2028

Performance share units target 61,336 units Target PSUs vesting December 2026–2028, 0–200% based on goals

Key Terms

weighted average price, Employees' Stock Purchase Plan, performance share units, restricted stock units, +2 more

6 terms

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.

Employees' Stock Purchase Plan financial

"reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt"

performance share units financial

"Number of shares includes 100,517 performance share units and restricted stock units"

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

"39,181 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

"acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3"

Rule 16b-3 regulatory

"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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

Raja Prabu G.

(Last) (First) (Middle)

C/O APPLIED MATERIALS, INC.

3050 BOWERS AVE., M/S 1268, PO BOX 58039

(Street)

SANTA CLARA CALIFORNIA 95054

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Semi. Products Grp.

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/04/2026		S		25,309	D	$504.66(1)	381,333	I	Through Living Trust
Common Stock	06/04/2026		S		15,083	D	$505.51(2)	366,250	I	Through Living Trust
Common Stock	06/04/2026		S		7,805	D	$506.46(3)	358,445	I	Through Living Trust
Common Stock	06/04/2026		S		1,803	D	$507.06(4)	356,642	I	Through Living Trust
Common Stock								100,663(5)	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. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $503.99 to $504.98, 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 within the ranges set forth in footnotes 1, 2, 3, and 4 to this Form 4.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $504.99 to $505.98, inclusive.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $505.99 to $506.98, inclusive.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $506.99 to $507.23, inclusive.

5. 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 100,517 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) 39,181 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 61,336 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/ To-Anh Nguyen, Attorney-in-Fact	06/05/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did AMAT executive G. Raja Prabu report?

G. Raja Prabu reported selling 50,000 Applied Materials common shares through a living trust on June 4, 2026. The sales occurred in four open-market transactions at weighted average prices between about $504 and $507 per share, according to the Form 4 data and footnotes.

At what prices were the 50,000 AMAT shares sold by the living trust?

The 50,000 shares were sold at weighted average prices with trade ranges from $503.99 up to $507.23 per share. Four separate transaction ranges are disclosed, each spanning roughly one dollar, reflecting multiple executions aggregated into the reported average prices.

How many Applied Materials shares does the living trust hold after the sale?

After the June 4, 2026 sales, the living trust associated with G. Raja Prabu held 381,333 Applied Materials common shares indirectly. This post-transaction balance is reported in the Form 4 as the total shares following the last disclosed open-market sale transaction by the trust.

What direct equity and units does G. Raja Prabu hold in AMAT?

The filing shows 100,663 shares held directly, including 100,517 performance share units and restricted stock units. These units are scheduled to vest in installments from December 2026 through December 2028, with actual vesting dependent on continued employment and achievement of specified performance goals.

How do AMAT performance share units for G. Raja Prabu vest?

Performance share units for G. Raja Prabu are scheduled to vest in installments between December 2026 and December 2028. The actual number of shares vesting can range from 0% to 200% of the 61,336 target units, based on achieving specified performance goals and continued employment.

What do the Form 4 footnotes say about AMAT’s employee stock purchase plan?

One footnote explains that the increased number of shares reflects periodic payroll acquisitions under the Employees' Stock Purchase Plan. These acquisitions are described as exempt under SEC Rules 16a-3 and 16b-3, indicating they are routine, plan-based purchases rather than discretionary open-market buying.