Form 4: Applied Materials Director Receives RSU Grant

Applied Materials Director James Robert Anderson received an automatic annual grant of 741 restricted stock units, scheduled to vest in March 2027.

Summary

• James Robert Anderson, a Director at Applied Materials Inc. (AMAT), was granted 741 restricted stock units (RSUs) on March 12, 2026.
• This grant is an automatic annual award for non-employee members of the Board of Directors under the Applied Materials, Inc. Employee Stock Incentive Plan.
• The restricted stock units are scheduled to vest on March 1, 2027, contingent upon Mr. Anderson's continued service as a director.
• Pursuant to Mr. Anderson's deferral election, any vested units will convert on a one-for-one basis into shares of Applied common stock and be paid upon his termination of service from the Board.
• Following this transaction, Mr. Anderson beneficially owns 1,547 shares, which includes the newly granted 741 RSUs and 806 previously reported vested RSUs that are also deferred.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. It's a routine compensation action that aligns director interests with shareholders, without indicating any significant operational or financial changes for the company.

Positives

• The grant aligns the director's interests with those of shareholders through equity compensation.
• It represents a routine component of non-employee director compensation, indicating stable corporate governance practices.

Negatives

• The issuance of new restricted stock units, upon vesting and conversion, will result in a minor dilutive effect on existing shareholders.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that equity grants, such as restricted stock units, are a standard practice across the technology and semiconductor industries for compensating non-employee directors. This practice aims to align the interests of directors with long-term shareholder value creation, a common theme among peers like Intel, NVIDIA, and Micron Technology.

Stakeholder Impact

• Shareholders: Minor potential for dilution upon vesting and conversion of RSUs, but generally viewed as a positive for aligning director incentives.
• Directors: Provides equity-based compensation, linking their personal financial interests to the company's long-term performance.

Next Steps

• The 741 restricted stock units are scheduled to vest on March 1, 2027, assuming continued service as a director.

Key Dates

Keywords

Applied Materials, AMAT, Restricted Stock Units, RSU, Insider Transaction, Director Compensation, SEC Form 4, Equity Grant