Applied Materials (NASDAQ: AMAT) director awarded 741 deferred RSUs

Rhea-AI Filing Summary

Applied Materials director Xun Chen reported an automatic annual equity grant. He received 741 restricted stock units as a non-employee director award under the company’s stock incentive plan. These units are scheduled to vest on March 1, 2027, assuming he continues serving on the board through that date.

Dr. Chen has elected to defer this and prior awards, so any units that vest will later convert one-for-one into Applied Materials common shares and be paid when he leaves the board. His reported holdings after this grant total 45,970 units and shares, including 29,130 previously vested deferred restricted stock units.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CHEN XUN

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	741	$0.00	--

Holdings After Transaction: Common Stock — 45,970 shares (Direct)

Footnotes (1)

1. Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units are scheduled to vest on March 1, 2027 (subject to continued service as a director through the vesting date). Pursuant to Dr. Chen's election to defer, any units that vest from this grant will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board. Number of shares includes 29,130 restricted stock units previously reported that have vested and which, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.

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^*

CHEN XUN

(Last) (First) (Middle)

C/O APPLIED MATERIALS, INC.

P.O. BOX 58039, 3050 BOWERS AV, M/S 1268

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	03/12/2026		A		741(1)	A	$0	45,970(2)	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. Represents automatic annual grant of restricted stock units to a non-employee member of the Board of Directors pursuant to the Applied Materials, Inc. ("Applied") Employee Stock Incentive Plan. These restricted stock units are scheduled to vest on March 1, 2027 (subject to continued service as a director through the vesting date). Pursuant to Dr. Chen's election to defer, any units that vest from this grant will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.

2. Number of shares includes 29,130 restricted stock units previously reported that have vested and which, pursuant to Dr. Chen's election to defer, will be converted on a one-for-one basis into shares of Applied common stock and paid to him on the date of his termination of service from the Applied Board.

Remarks:

	/s/ To-Anh Nguyen, Attorney-in-Fact	03/13/2026
	** 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.

FAQ

What insider transaction did AMAT director Xun Chen report?

Xun Chen reported receiving 741 restricted stock units as an automatic annual grant for his service as a non-employee director. The award was made under Applied Materials’ stock incentive plan and carries a zero purchase price, reflecting equity-based compensation rather than an open-market share purchase.

How many Applied Materials shares or units does Xun Chen hold after this grant?

After the 741-unit grant, Xun Chen’s reported holdings total 45,970 units and shares. This figure includes 29,130 restricted stock units that have already vested but are deferred and will later convert into Applied Materials common stock when he leaves the company’s board of directors.

When do Xun Chen’s new Applied Materials restricted stock units vest?

The 741 restricted stock units granted to Xun Chen are scheduled to vest on March 1, 2027. Vesting is conditional on his continued service as a director through that date, aligning the award with long-term board tenure and company oversight stability at Applied Materials.

What is the deferral election mentioned in Xun Chen’s AMAT Form 4 filing?

Under Chen’s deferral election, any restricted stock units that vest are not paid immediately. Instead, they convert one-for-one into Applied Materials common shares and are delivered only when he terminates service from the board, effectively postponing receipt of the underlying stock until that departure.

Was Xun Chen’s AMAT Form 4 transaction an open-market stock purchase or sale?

The transaction was not an open-market trade. It reflects a grant of 741 restricted stock units as director compensation at no purchase price. There were no reported open-market purchases or sales of Applied Materials common stock in this Form 4, only the equity award and updated holdings.