BRUNER JUDY 4

What Happened
Judy Bruner, a director of Applied Materials (AMAT), sold 1,128 shares in an open-market transaction on May 26, 2026. The weighted-average sale price reported was $450.00 per share, for total proceeds of approximately $507,600. This was a sale (not a purchase), which many insider sales are routine and may reflect personal liquidity rather than a change in company outlook.

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (filed two days after the trade; appears timely under the two-business-day rule).
• Shares sold: 1,128 shares; reported weighted-average price: $450.00; total reported value: $507,600.
• Price breakdown: Footnote indicates the shares were sold in multiple transactions at $450.00 and $450.01; the filer can provide the exact split on request.
• Shares/units noted: Footnote also references 741 restricted stock units (RSUs) previously reported that will convert one-for-one into common stock upon vesting in March 2027, subject to continued service.
• Transaction type: Open-market sale (Form 4 code S).

Context
Insider sales are common and can be for many personal reasons; they do not by themselves signal a change in company fundamentals. The RSUs referenced are future awards that have not yet converted to shares and vest next year if the director remains in service. Purchases are generally more indicative of an insider increasing exposure; this filing documents a routine sale.