Sanders Adam 4
4 · APPLIED MATERIALS INC /DE · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Applied Materials (AMAT) Controller Adam Sanders Withholds 125 Shares
What Happened Adam Sanders, Corporate Controller & CAO of Applied Materials (AMAT), had 125 shares withheld on April 1, 2026 to cover tax withholding on vested restricted stock units (RSUs). The shares were valued at $353.80 each for a total of approximately $44,225. The reported disposition is a tax-withholding transaction (code F) and is treated as exempt under Rule 16b-3.
Key Details
- Transaction date and price: 2026-04-01; 125 shares @ $353.80.
- Total value withheld: ~$44,225.
- Transaction type/code: Tax withholding on RSU vesting (F); reported as a disposition (shares withheld).
- Shares owned after transaction: Not specified in this filing.
- Footnotes: F1 confirms automatic withholding to cover tax obligations on vesting (exempt under Rule 16b-3). F2 notes periodic ESPP acquisitions and that 4,134 previously reported RSUs will convert one-for-one into shares upon future vesting (vests July 2026–Jan 2030, subject to continued employment).
- Filing timeliness: Reported 2026-04-02 for a 2026-04-01 transaction (filed promptly).
Context This was a routine administrative tax-withholding on RSU vesting (not an open-market sale or a purchase). Such withholdings are common and don’t necessarily indicate insider sentiment about the stock. For investors, outright purchases by insiders are generally more informative than tax-related withholdings.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-04-01$353.80/sh−125$44,225→ 4,548 total
Footnotes (2)
- [F1]Represents number of shares that were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.
- [F2]Increased number of shares reflects periodic payroll acquisitions under Employees' Stock Purchase Plan that are exempt under Rule 16a-3 and Rule 16b-3. Number of shares includes 4,134 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 in installments in July of 2026 through January of 2030 (all vesting is subject to continued employment through each applicable vesting date).