Sanders Adam 4

What Happened
Adam Sanders, Applied Materials’ Corporate Controller & Chief Accounting Officer, reported a sale of 268 shares on May 22, 2026. The shares were disposed at $434.22 each for a total value of $116,370. The transaction is coded as a sale (S) — not a purchase.

Key Details

• Transaction date: 2026-05-22; Price: $434.22; Shares sold: 268; Total proceeds: $116,370.
• Transaction type: Open market or private sale (reported as “S”).
• Shares owned after the transaction: Not specified in the materials provided.
• Filing date: 2026-05-26. Note: May 25, 2026 was a U.S. federal holiday (Memorial Day); the Form 4 was filed on the next business day.
• Footnote: The reported share count includes 4,134 restricted stock units (RSUs) previously reported that will convert one-for-one into Applied Materials common stock upon vesting (vesting scheduled July 2026 through January 2030; all subject to continued employment).

Context
This report documents an insider sale (disposition). The filing does not state a reason for the sale; sales can be routine for various personal or tax reasons. The RSU footnote indicates Sanders holds additional rights to future shares that will vest over time, which are separate from this sale.