Form 4: Applied Materials Executive Omkaram Nalamasu Reports Stock Transaction

Senior Vice President and CTO of Applied Materials, Omkaram Nalamasu, reports the disposal of 15,508 shares of common stock to cover tax obligations.

Summary

• Omkaram Nalamasu, Senior Vice President and CTO of Applied Materials, filed a Form 4 disclosing a transaction involving the company's stock.
• On December 19, 2024, Mr. Nalamasu disposed of 15,508 shares of common stock at a price of $161.44 per share.
• This transaction was to cover tax withholding obligations related to the vesting of equity awards.
• Following the transaction, Mr. Nalamasu beneficially owns 209,590 shares of Applied Materials common stock.
• This total includes 71,626 performance share units and restricted stock units that will convert to common stock upon vesting between 2025 and 2027.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of a stock transaction, and does not indicate any positive or negative sentiment.

Future Outlook

The document does not contain any forward-looking statements or guidance.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies. It does not indicate any specific trend or event within the semiconductor industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive compensation practices.
• Other technology companies such as Intel, TSMC, and ASML also have similar filings when executives trade company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover tax obligations.

Key Dates

Keywords

Applied Materials, AMAT, stock transaction, Form 4, insider trading, equity awards, stock disposal, executive compensation, Omkaram Nalamasu