Applied Materials director Scott A. McGregor reported receiving an automatic annual equity grant of 741 restricted stock units as a non-employee Board member under the company’s Employee Stock Incentive Plan. These units convert 1-for-1 into common shares upon vesting on March 1, 2027, subject to his continued service as a director. Following this compensation award, McGregor directly holds 24,577 shares of Applied Materials common stock.
Applied Materials director Rani Borkar reported receiving an equity award of 741 restricted stock units on common stock as a non-employee Board member. The grant was made under the company’s Employee Stock Incentive Plan and carries no cash exercise price.
The restricted stock units convert into an equal number of Applied Materials common shares upon vesting, which is scheduled for March 1, 2027, subject to her continued service as a director through that date. After this grant, she holds 741 shares directly and 9,199 shares indirectly through a family trust.
Applied Materials director Aart de Geus received an equity award in the form of restricted stock units. On March 12, he was granted 741 shares of Applied Materials common stock as a stock award at no purchase price. According to the footnote, these restricted stock units convert on a one-for-one basis into common shares when they vest, with vesting scheduled for March 1, 2027, contingent on his continued service on the Board. Following this award, his directly held common stock position is reported at 111,783 shares.
Applied Materials reported the results of its March 12, 2026 Annual Meeting of Shareholders. Ten director nominees, including Gary E. Dickerson and James R. Anderson, were elected for one-year terms.
Shareholders approved executive compensation on an advisory basis, with 552,486,796 votes for, 41,457,649 against and 5,230,272 abstentions, plus 85,096,891 broker non-votes. They also ratified KPMG LLP as independent registered public accounting firm for fiscal 2026, with 636,399,482 votes for, 46,823,436 against and 1,048,690 abstentions.
Applied Materials director Judy Bruner reported an insider sale of common stock. A family trust associated with her sold 2,500 shares of Applied Materials common stock in an open-market transaction at a weighted average price of $391.71 per share. Following this sale, the trust still holds 26,089 shares. Bruner also holds 1,583 restricted stock units, which are scheduled to convert into common stock on a one-for-one basis upon vesting in March 2026, subject to her continued service as a director.
Applied Materials reported an insider sale: Judy Bruner sold 3,969 shares of common stock on 02/23/2026, generating $1,496,407.86. The sale was processed through Fidelity Brokerage Services LLC at the Boston address shown.
The record also shows a prior stock award of 2,500 shares dated 03/01/2021.
Applied Materials director Judy Bruner, through a family trust, sold 3,969 shares of Applied Materials common stock in open-market transactions on February 23, 2026. The sales were executed at weighted average prices of $376.49 and $377.89, each representing multiple trades within narrow price ranges.
After these indirect sales by the family trust, Bruner remained associated with 28,589 indirectly held shares. Separately, she holds 1,583 restricted stock units directly, which are scheduled to convert into common stock on a one-for-one basis upon vesting in March 2026, subject to her continued service as a director through that date.
Applied Materials Inc. corporate controller and chief accounting officer Adam Sanders reported an open-market sale of 534 shares of common stock. The shares were sold at a price of $379.16 per share.
After this transaction, Sanders directly holds 4,625 shares of common stock. That figure includes 4,489 restricted stock units that are scheduled to convert into common shares on a one-for-one basis upon vesting between April 2026 and January 2030, subject to his continued employment through each vesting date.
Filer filed a Form 144 reporting an intended sale of 3,969 shares of Common Stock. The notice names Fidelity Brokerage Services LLC and shows the numbers 1496407.86 and 793609867 alongside an entry date of 02/23/2026. The filing lists award-origin lots dated 03/01/2024 (2050), 03/01/2022 (1919) and 03/01/2021 (4987).
Applied Materials reported a mixed but solid quarter. Revenue was $7.0 billion, down 2% year over year, but gross margin edged up to 49.0%. Operating income was $1.8 billion and net income jumped to $2.0 billion, lifting diluted EPS to $2.54 from $1.45.
Profitability benefited from a $470 million net gain on equity investments and a sharply lower tax rate of 13.0%. Results also include a $253 million legal settlement charge tied to a BIS export‑controls inquiry, which has now been resolved, while DOJ and SEC inquiries were closed with no enforcement action.
Semiconductor Systems revenue fell 8% as foundry and logic demand softened, partly offset by stronger DRAM spending. Applied Global Services grew 15% on higher long‑term service and spares sales. The company ended the quarter with $13.5 billion in cash, cash equivalents and investments, repurchased $337 million of stock, and paid $365 million in dividends at $0.46 per share.