Form 4: Iannotti Thomas J Reports Acquisition and Disposal of Applied Materials Stock

Director Thomas J Iannotti reports acquisition of 1,583 shares and disposal of 50,768 shares of Applied Materials common stock on March 6, 2025.

Summary

• Thomas J Iannotti, a director of Applied Materials, Inc., filed a Form 4 on March 10, 2025.
• The report details changes in beneficial ownership of Applied Materials common stock.
• On March 6, 2025, Iannotti acquired 1,583 shares of common stock and disposed of 50,768 shares.
• The acquisition was related to an automatic annual grant of restricted stock units.
• These restricted stock units will convert into shares of Applied common stock upon vesting on March 1, 2026, contingent on continued service as a director.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating neutral sentiment.

Positives

• The automatic annual grant of restricted stock units to non-employee directors aligns their interests with the long-term performance of the company.

Future Outlook

The restricted stock units will vest on March 1, 2026, subject to continued service as a director.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the stock ownership of a director.

Key Dates