BRUNER JUDY 4

What Happened Judy Bruner, a director of Applied Materials (AMAT), sold 2,500 shares in an open-market transaction on February 25, 2026. The shares were sold at a weighted average price of $391.71, with trade prices in the range $391.50–$391.88, for total proceeds of approximately $979,275. This was a sale (not a purchase or award).

Key Details

• Transaction date: 2026-02-25 (reported on Form 4 filed 2026-02-27); sale conducted in the open market.
• Price: Weighted average $391.71; reported range $391.50 to $391.88 (footnote 1).
• Shares sold: 2,500; approximate proceeds $979,275.
• Shares owned after transaction: Not specified in the supplied filing.
• Footnote highlights: F1 explains the weighted-average price and offers to provide a per-price breakdown on request. F2 notes 1,583 restricted stock units that will convert one-for-one into common stock upon vesting in March 2026, subject to continued service as a director.
• Timeliness: Filing appears timely (trade 2/25/2026; Form 4 filed 2/27/2026).

Context This was an open-market sale by a company director. Sales by insiders can be routine (e.g., portfolio rebalancing or liquidity needs) and do not necessarily indicate the insider’s view of the company. The RSUs noted in the filing are unvested awards scheduled to convert in March 2026 if service continues.