Form 4: Applied Materials Director, Scott A. McGregor, Reports Acquisition of Common Stock

Director Scott A. McGregor reports acquiring 1,583 shares of Applied Materials common stock through a restricted stock unit grant.

Summary

• On March 6, 2025, Scott A. McGregor, a director of Applied Materials, Inc., acquired 1,583 shares of common stock.
• The acquisition was an automatic annual grant of restricted stock units (RSUs) under the company's Employee Stock Incentive Plan.
• These RSUs will convert into shares of Applied Materials common stock on a one-for-one basis upon vesting.
• The vesting date is scheduled for March 1, 2026, contingent upon continued service as a director.
• Following the transaction, McGregor directly owns 23,836 shares of Applied Materials common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction (stock grant) that aligns director interests with shareholders.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders, incentivizing continued service and contribution to the company's success.

Future Outlook

The director's continued service is required for the RSUs to vest on 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 has a minor positive impact on shareholders by aligning the director's interests with the company's long-term performance.

Key Dates