AMAT insider gifts 2,206 shares; holding now 135,266 – Form 4
Applied Materials, Inc. (AMAT) – Form 4 insider transaction Senior Vice-President Timothy M. Deane reported one transaction dated 07/02/2025.
Rhea-AI Filing Summary
Applied Materials, Inc. (AMAT) – Form 4 insider transaction
Senior Vice-President Timothy M. Deane reported one transaction dated 07/02/2025. The filing shows a Code G (bona-fide gift) of 2,206 shares of AMAT common stock at a price of $0.00. Following the gift, Deane’s direct holding stands at 135,266 shares, which already includes 78,533 unvested performance and restricted stock units scheduled to vest between 2025-2027, subject to performance goals and continued employment.
The transaction represents roughly 1.6 % of the insider’s post-transaction ownership and involves no open-market sale proceeds. No derivative security activity was reported.
Positive
- None.
Negative
- None.
Insights
TL;DR: Small non-cash gift by AMAT SVP; immaterial to float or insider stake, neutral impact.
The 2,206-share gift equals about 0.0003 % of AMAT’s ~838 million outstanding shares and only 1.6 % of the insider’s position. Because it is a non-discretionary, zero-price transfer, the move does not signal valuation views or liquidity needs, nor does it alter the executive’s incentive alignment; Deane retains over 135 k shares, including sizeable RSU/PSU awards tied to future performance. Consequently, market impact is negligible, warranting a neutral rating.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,206 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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 78,533 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 Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 39,723 restricted stock units are scheduled to vest in installments in October of 2025 and 2026, January of 2026, and December of 2025 through 2027, and (b) 38,810 performance share units are scheduled to vest in installments in December of 2025 through 2027, 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).
FAQ
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Was the transaction a sale generating cash?
Does the holding include unvested equity awards?
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