Form 4: Applied Materials Director Judy Bruner Reports Acquisition of Restricted Stock Units

Judy Bruner, a director at Applied Materials, reports the acquisition of 1,583 restricted stock units (RSUs) as part of the company's Employee Stock Incentive Plan.

Summary

• On March 6, 2025, Judy Bruner, a director of Applied Materials, acquired 1,583 shares of common stock in the form of restricted stock units (RSUs).
• These RSUs were granted automatically as part of the Applied Materials Employee Stock Incentive Plan for non-employee members of the Board of Directors.
• The RSUs will vest on March 1, 2026, converting into shares of Applied Materials common stock on a one-for-one basis, contingent upon continued service as a director.
• Following the transaction, Ms. Bruner directly owns 1,583 shares of common stock and indirectly owns 32,558 shares through a family trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and aligns director interests with shareholders.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.
• The vesting schedule encourages continued service and commitment to the company.

Future Outlook

The vesting of the restricted stock units is contingent upon continued service as a director through March 1, 2026.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction increases the director's stake in the company, aligning her interests with those of shareholders.
• The vesting schedule incentivizes the director to remain committed to the company's long-term success.

Key Dates