Applied Materials SVP Deane files Form 4 after minor share gift

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.

Insights

Securities Analyst

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.

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^*

Deane Timothy M

(Last) (First) (Middle)

C/O APPLIED MATERIALS, INC.

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

(Street)

SANTA CLARA CA 95052-8039

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Applied Global Services

3. Date of Earliest Transaction (Month/Day/Year)
07/02/2025

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	07/02/2025		G		2,206	D	$0	135,266(1)	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. 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).

	/s/ To-Anh Nguyen, Attorney-in-Fact	07/07/2025
	** 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.
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FAQ

How many AMAT shares did SVP Timothy Deane transfer?

He gifted 2,206 shares of Applied Materials common stock.

What is the new total of shares directly owned by the insider after the gift?

Deane now directly owns 135,266 shares of AMAT.

Was the transaction a sale generating cash?

No. The filing lists a Code G gift at a price of $0.00.

Does the holding include unvested equity awards?

Yes. It includes 78,533 RSUs/PSUs scheduled to vest between 2025-2027.

Is this transaction material to Applied Materials' share count?

No. 2,206 shares represent about 0.0003 % of the company’s total shares outstanding.