APPLIED MATERIALS INC /DE·4

Feb 18, 6:48 PM ET

Hill Brice 4

4 · APPLIED MATERIALS INC /DE · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

Applied Materials (AMAT) CFO Brice Hill Sells 5,000 Shares

What Happened

  • Brice Hill, SVP and Chief Financial Officer of Applied Materials (AMAT), sold 5,000 shares on February 17, 2026. The shares were disposed in an open-market/private sale at $361.21 per share for a total proceeds of $1,806,062. This is a sale (disposition) rather than a purchase.

Key Details

  • Transaction date and price: 2026-02-17 — 5,000 shares at $361.21 each.
  • Total proceeds: $1,806,062.
  • Shares owned after transaction: Not specified in the provided extract. The filing notes holdings that will convert to common stock (see footnote).
  • Footnote (F1): The filing references 85,503 performance share units (PSUs) and restricted stock units (RSUs) that will convert one-for-one into Applied Materials common stock upon vesting. Vesting is scheduled in installments December 2026–2028: 33,272 RSUs and 52,231 PSUs (PSU payout ranges from 0%–200% of target based on performance; all vesting subject to continued employment).
  • Timeliness: Filing was dated 2026-02-18 covering the 2026-02-17 transaction, which appears timely (filed the next day). No 10b5-1 plan or other special instructions were indicated in the provided data.

Context

  • A single open-market sale by an executive is often routine (liquidity, tax planning, diversification) and does not by itself indicate a change in company fundamentals. The noted PSUs and RSUs are deferred compensation that may convert to shares in future vesting periods (subject to performance and continued employment).

Insider Transaction Report

Form 4
Period: 2026-02-17
Hill Brice
SVP, CFO
Transactions
  • Sale

    Common Stock

    [F1]
    2026-02-17$361.21/sh5,000$1,806,062138,565 total
Footnotes (1)
  • [F1]Number of shares includes 85,503 performance share units and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 33,272 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 52,231 performance share units are scheduled to vest in installments in December of 2026 through 2028, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date).
Signature
/s/ Harpreet S. Bal, Attorney-in-Fact|2026-02-18

Documents

1 file
  • 4
    wk-form4_1771458512.xmlPrimary

    FORM 4