Form 4: Applied Materials Executive Sells Shares

Timothy M. Deane, SVP of Applied Global Services, reported the sale of 8,621 shares of Applied Materials common stock.

Summary

• Timothy M. Deane, SVP of Applied Global Services, sold 8,621 shares of Applied Materials (AMAT) common stock on June 15, 2026.
• The shares were sold at an average price of $590.7649 per share.
• The reporting person also gifted 1,545 shares at a price of $0.
• Following these transactions, the reporting person maintains direct ownership of 133,086 shares.
• The total holdings include 65,058 performance share units and restricted stock units subject to future vesting.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is a routine disclosure of insider equity movement rather than a signal of operational change.

Positives

• The executive maintains a significant remaining stake of 133,086 shares in the company.

Negatives

• The transaction represents a reduction in the direct equity holdings of a senior executive.

Risks

• Future vesting of 65,058 performance share units is contingent upon continued employment and the achievement of specific performance goals.

Future Outlook

The filing does not provide forward-looking financial guidance, but notes that 65,058 performance and restricted stock units are scheduled to vest in installments between October 2026 and December 2028, subject to performance criteria.

Industry Context

StockSavvy.ai notes that insider selling is a common practice for liquidity and tax planning among senior executives in the semiconductor capital equipment sector and does not necessarily reflect a change in the executive's outlook on the company's long-term performance.

Comparison to Industry Standards

• Insider transactions at Applied Materials are consistent with standard executive compensation and liquidity management practices observed at peers like Lam Research and KLA Corporation.

Stakeholder Impact

• Shareholders should note the change in insider ownership levels, though the volume sold is relatively small compared to total holdings.

Next Steps

• Vesting of restricted stock units in October 2026 and December 2026.
• Vesting of performance share units beginning in December 2026.

Key Dates

Keywords

Applied Materials, AMAT, Insider Trading, Form 4, Semiconductor Equipment, Executive Compensation