AMAT insider Form 4: 4,000-share sale and 88,351 shares held
Rhea-AI Filing Summary
Applied Materials, Inc. (AMAT) reported an insider stock transaction by its Senior Vice President and Chief Legal Officer. On 11/19/2025, the officer sold 4,000 shares of Applied Materials common stock at a price of $234.0802 per share. After this sale, the officer beneficially owned 88,351 shares, including 57,492 performance share units and restricted stock units that may convert into common stock upon vesting.
The filing explains that the increased number of shares reflects periodic payroll acquisitions under the company’s Employee Stock Purchase Plan, which are exempt under certain SEC rules. The restricted stock units and performance share units are scheduled to vest in installments from December 2025 through December 2027, with the actual number of performance-based shares vesting ranging from 0% to 200% of the target amount based on achievement of specified performance goals and continued employment.
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FAQ
What insider transaction did AMAT report on this Form 4?
The Form 4 reports that a Senior Vice President and Chief Legal Officer of Applied Materials, Inc. (AMAT) sold 4,000 shares of common stock on 11/19/2025 at a price of $234.0802 per share.
How many AMAT shares does the reporting officer own after the transaction?
Following the reported sale, the officer beneficially owns 88,351 shares of Applied Materials common stock, which includes certain performance share units and restricted stock units that may convert into shares upon vesting.
What equity awards are included in the AMAT officer’s reported holdings?
The holdings include 57,492 performance share units and restricted stock units previously reported, which are scheduled to convert on a one-for-one basis into shares of Applied Materials common stock upon vesting, subject to terms described in the filing.
When are the AMAT restricted stock units and performance share units scheduled to vest?
The filing states that 22,730 restricted stock units and 34,762 performance share units are scheduled to vest in installments in December 2025 through December 2027, assuming continued employment through each vesting date and, for performance units, achievement of specified performance goals.
How is the actual number of AMAT performance share units determined at vesting?
For the 34,762 performance share units, the filing explains that this is the target amount, and the actual number of shares that may vest can range from 0% to 200% of that target, depending on achievement of specified performance goals and continued employment.
What explains the increase in the reported number of AMAT shares held by the officer?
The filing notes that the increased number of shares reflects periodic payroll acquisitions under the Employees' Stock Purchase Plan, which are described as exempt under Rule 16a-3 and Rule 16b-3.