MCGREGOR SCOTT A 4
Research Summary
AI-generated summary
Applied Materials (AMAT) Director Scott A. McGregor Receives Award
What Happened
- Scott A. McGregor, a non-employee director of Applied Materials (AMAT), was granted 741 restricted stock units (RSUs) on 2026-03-12. The RSUs were reported as acquired at $0.00 (i.e., a grant), total reported value $0.
- These RSUs convert one-for-one into Applied Materials common shares upon vesting; vesting is scheduled for March 1, 2027 and is conditioned on continued service as a director.
Key Details
- Transaction type: Award/Grant (code A)
- Transaction date: 2026-03-12; Form 4 filed 2026-03-13 (timely)
- Grant amount and price: 741 RSUs @ $0.00 (grant)
- Vesting: Scheduled to vest 2027-03-01, subject to continued board service (per footnote)
- Shares owned after transaction: Not specified in the provided filing
- No 10b5-1 plan, tax-withholding, or sale activity disclosed in this filing
Context
- This appears to be an automatic annual RSU grant to a non-employee board member under Applied Materials’ Employee Stock Incentive Plan. Such grants are routine director compensation and do not by themselves indicate insider buying or selling intent.
- The RSUs will become actual shares only if/when they vest; until then they are contingent awards.