Form 4: Applied Materials CEO Gary Dickerson Sells AMAT Shares

Applied Materials President and CEO Gary Dickerson reported the sale of 100,766 shares of common stock in mid-June 2026.

Summary

• President and CEO Gary Dickerson sold a total of 83,766 shares of Applied Materials common stock between June 15 and June 16, 2026.
• An additional 17,000 shares were disposed of via a gift transaction on June 16, 2026.
• The sales were executed at weighted average prices ranging from $590.03 to $599.35 per share.
• Following these transactions, the reporting person maintains a direct beneficial ownership of 1,678,164 shares.
• The remaining holdings include 379,244 performance share units and restricted stock units scheduled to vest through 2028.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event; while insider selling can be viewed cautiously, the volume sold represents a small fraction of the CEO's total holdings.

Positives

• The CEO retains a significant equity stake of 1,678,164 shares, demonstrating continued alignment with long-term shareholder interests.

Negatives

• The disposal of a large block of shares by the CEO may be perceived by some investors as a signal of reduced confidence or profit-taking at current valuation levels.

Risks

• Future vesting of performance share units is contingent upon the achievement of specific performance goals and continued employment.
• Market volatility could impact the value of the CEO's remaining equity holdings.

Future Outlook

The filing does not provide forward-looking financial guidance, focusing instead on the disclosure of executive equity transactions.

Management Comments

• The reporting person has committed to providing full information regarding the number of shares sold at each specific price point upon request.

Industry Context

StockSavvy.ai notes that executive stock sales are common in the semiconductor capital equipment sector, often occurring as part of pre-planned diversification strategies or tax planning, and do not necessarily reflect a change in the company's fundamental outlook.

Comparison to Industry Standards

• Executive selling activity at Applied Materials remains consistent with standard corporate governance practices observed at peers like Lam Research and KLA Corporation.
• The retention of over 1.6 million shares by the CEO is substantial compared to industry benchmarks for executive ownership.

Stakeholder Impact

• Shareholders should monitor future filings for further changes in executive ownership levels.

Next Steps

• Future vesting of 66,063 restricted stock units and 313,181 performance share units scheduled for December 2026 through 2028.

Key Dates

Keywords

AMAT, Applied Materials, Insider Trading, Form 4, Gary Dickerson, Semiconductor Equipment, Executive Compensation