Form 4: Applied Materials CEO Sells Shares

Applied Materials President and CEO Gary E. Dickerson reported transactions involving the sale of company common stock.

Summary

• Gary E. Dickerson, President and CEO of Applied Materials, Inc., reported several transactions of the company's common stock.
• On June 29, 2026, Dickerson sold 50,332 shares at a weighted average price of $700.21, and 7,989 shares at a weighted average price of $701.33.
• On June 30, 2026, he sold 19,970 shares at a weighted average price of $735.22, and 30 shares at a price of $736.05.
• Following these transactions, Dickerson beneficially owns 1,599,843 shares of common stock.
• The reported sales were made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as the reported sales were conducted under a pre-established 10b5-1 trading plan, which is a common and accepted practice for executives.

Negatives

• The CEO sold a significant number of shares, totaling 78,321 shares across two days.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While sales by executives can sometimes be interpreted negatively, the filing indicates these transactions were made under a pre-arranged Rule 10b5-1(c) trading plan, which is designed to mitigate concerns about insider trading based on material non-public information.

Stakeholder Impact

• Shareholders may view the CEO's sale of stock with some concern, although the use of a 10b5-1 plan mitigates potential negative interpretations.
• Employees may be influenced by executive stock sales, but the context of the 10b5-1 plan is important.

Key Dates

Keywords

Applied Materials, AMAT, Form 4, insider trading, stock sale, Gary E. Dickerson, CEO, beneficial ownership, Rule 10b5-1