MARCH KEVIN P 4
Research Summary
AI-generated summary
Applied Materials (AMAT) Director Kevin P. March Receives Award
What Happened Kevin P. March, a non-employee member of the Applied Materials (AMAT) board of directors, was granted 741 restricted stock units (RSUs) on 2026-03-12. The grant is reported at $0.00 per share (i.e., no cash paid at grant). These RSUs will convert one-for-one into Applied Materials common shares upon vesting, which is scheduled for March 1, 2027, subject to continued service as a director. This is an award (routine compensation for board service), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-12; filing date: 2026-03-13 (timely).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 741 RSUs; grant price reported as $0.00.
- Vesting: Scheduled to vest on March 1, 2027, subject to continued service.
- Shares owned after transaction: Not specified in the filing.
- Footnote: Grant is the automatic annual RSU award to a non-employee director under Applied Materials’ Employee Stock Incentive Plan; RSUs convert 1-for-1 to common stock on vesting.
- No indication of tax-withholding sale, 10b5-1 plan, or late filing in this report.
Context RSU awards to directors are common as part of regular compensation and do not reflect an immediate purchase or sale signal—shares only materialize if and when the RSUs vest. Because this was an automatic annual grant to a non-employee director, it should be viewed as routine compensation rather than an insider trading indicator.