Form 4: Applied Materials CEO's Stock Transactions Reported
Insider Transaction Report
Applied Materials CEO Gary Dickerson reported the acquisition of performance share units and subsequent tax-related disposition of common stock.
Summary
- Gary E. Dickerson, President and CEO of Applied Materials, acquired 116,145 shares of common stock on October 26, 2025, through the vesting of performance share units.
- This acquisition was based on the achievement of specified performance goals.
- Concurrently, 114,514 shares were disposed of at $228.75 per share to cover tax withholding obligations related to the vesting.
- Following these transactions, Dickerson directly beneficially owns 1,717,739 shares of Applied Materials common stock.
- His beneficial ownership also includes 451,922 performance share units and restricted stock units scheduled to vest in installments between December 2025 and 2027.
Sentiment
Score: 7
Explanation: The filing indicates the achievement of performance goals, leading to the vesting of performance share units for the CEO. The subsequent sale of shares is a routine tax-related transaction, which is a neutral event.
Positives
- Acquisition of 116,145 shares of common stock through performance share units, indicating the achievement of specified performance goals.
Negatives
- Disposition of 114,514 shares of common stock at $228.75 to satisfy tax withholding obligations upon the vesting of performance share units.
Future Outlook
Future vesting of 80,075 restricted stock units and 371,847 performance share units is scheduled to occur in installments between December 2025 and 2027, subject to continued employment and performance goal achievement for performance share units.
Industry Context
This filing is an insider transaction report (Form 4) and does not provide information related to broader industry trends or competitive landscape, focusing solely on executive stock ownership changes.
Stakeholder Impact
- Shareholders: Provides transparency regarding executive compensation and changes in insider stock ownership.
- Employees: Reflects the company's executive compensation structure, which includes performance-based incentives.
Next Steps
- Continued vesting of 80,075 restricted stock units and 371,847 performance share units in installments from December 2025 through 2027, subject to continued employment and performance goal achievement for PSUs.
Key Dates
| Date | Description |
|---|---|
| 10/26/2025 | Date of earliest transaction, including the vesting of performance share units and subsequent disposition for tax withholding. |
| 10/28/2025 | Date the Form 4 was signed by the Attorney-in-Fact. |
| December 2025-2027 | Scheduled vesting period for 80,075 restricted stock units and 371,847 performance share units. |
Recommendation
holdThis Form 4 details routine executive compensation events, specifically the vesting of performance share units and a subsequent tax-related stock disposition. It does not present new information that would fundamentally alter the investment thesis for Applied Materials, thus a 'hold' recommendation is appropriate.
Keywords
AMAT, Applied Materials, Gary Dickerson, SEC Form 4, insider trading, stock transactions, performance share units, restricted stock units, CEO
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