Applied Materials exec trust sells 50,000 shares
Applied Materials officer Raja Prabu G., President, Semi.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Applied Materials officer Raja Prabu G., President, Semi. Products Grp., reported that a living trust associated with him sold 50,000 shares of common stock on June 4, 2026, in open-market trades at weighted-average prices around $504–$507 per share. After these transactions, the reported position is 356,642 shares held indirectly through the trust, and the disclosure notes 100,517 performance and restricted stock units scheduled to vest between December 2026 and 2028, subject to performance goals and continued employment.
Insider Trade Summary
Net Seller: 50,000 shares
Net Sell
4 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 — 356,642 shares (Indirect, Through Living Trust);
Common Stock — 100,663 shares (Direct)
Footnotes (5)
- F1. 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.
- F2. 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.
- F3. 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.
- F4. 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.
- F5. 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 tranche 1: 25,309 shares at $504.66
Shares sold tranche 2: 15,083 shares at $505.51
Shares sold tranche 3: 7,805 shares at $506.46
+5 more
8 metrics
Shares sold tranche 1
25,309 shares at $504.66
Open-market sale of common stock on June 4, 2026 (indirect, living trust)
Shares sold tranche 2
15,083 shares at $505.51
Open-market sale of common stock on June 4, 2026 (indirect, living trust)
Shares sold tranche 3
7,805 shares at $506.46
Open-market sale of common stock on June 4, 2026 (indirect, living trust)
Shares sold tranche 4
1,803 shares at $507.06
Open-market sale of common stock on June 4, 2026 (indirect, living trust)
Total shares sold
50,000 shares
Aggregate net shares sold on June 4, 2026, per transaction summary
Post-transaction holding
356,642 shares
Common stock held indirectly through a living trust after reported sales
Equity awards total units
100,517 units
Performance share units and restricted stock units included in reported position
RSUs and PSUs detail
39,181 RSUs; 61,336 PSUs
Equity awards scheduled to vest in installments in December 2026–2028
Key Terms
weighted average price, performance share units, restricted stock units, Employees' Stock Purchase Plan, +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.
restricted stock units financial
"39,181 restricted stock units are scheduled to vest in installments in December of 2026 through 2028"
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.
Employees' Stock Purchase Plan financial
"reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt"
Rule 16a-3 regulatory
"acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did AMAT report for Raja Prabu G.?
Applied Materials reported that a living trust associated with Raja Prabu G., President, Semi. Products Grp., sold 50,000 shares of common stock on June 4, 2026 in open-market transactions at weighted-average prices around $504–$507 per share.
Were the AMAT insider sales made through a living trust or directly?
All reported sales were made indirectly through a living trust associated with Raja Prabu G., as indicated by the ownership type and nature-of-ownership description, rather than as directly held personal shares in his own name.
Are the AMAT insider trades identified as under a Rule 10b5-1 plan?
The Form 4 data do not affirm that these trades were executed under a Rule 10b5-1 trading plan. The document-level checkbox flag for such plans is recorded as false, so no plan-based status is indicated for these particular transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
