Form 4: Applied Materials Executive Adam Sanders Reports Changes in Beneficial Ownership

Adam Sanders, Corp. Controller & CAO of Applied Materials, reports acquisition and disposal of common stock and restricted stock units.

Summary

• On March 4, 2024, Adam Sanders, Corp. Controller & CAO of Applied Materials, reported changes in beneficial ownership of Applied Materials Inc. stock.
• Sanders acquired 1,910 shares of common stock.
• Sanders also disposed of 5,744 shares of common stock.
• Following these transactions, Sanders beneficially owns 5,744 shares of Applied Materials stock.
• The reported transactions include restricted stock units that will convert into common stock upon vesting, with vesting dates scheduled from April 1, 2025, through April 1, 2028.
• The filing also mentions 3,785 previously reported restricted stock units vesting in installments from April 2024 through January 2028.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• The transactions themselves may have a minor impact on the stock price, depending on market perception.

Key Dates