Raja Prabu G. 4
4 · APPLIED MATERIALS INC /DE · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Applied Materials (AMAT) President Raja Prabu Sells 50,000 Shares
What Happened
Raja Prabu G., President of the Semiconductor Products Group at Applied Materials (AMAT), disposed of a total of 50,000 shares on June 4, 2026 in four sale transactions (reported as "S" — open market or private sale). The four lots were: 25,309 shares at a weighted average $504.66 (≈ $12.77M), 15,083 shares at $505.51 (≈ $7.62M), 7,805 shares at $506.46 (≈ $3.95M), and 1,803 shares at $507.06 (≈ $0.91M). Total proceeds across all sales were about $25.26 million. These were sales (disposals), not purchases.
Key Details
- Transaction date: June 4, 2026; Form 4 filed June 5, 2026 (timely filing).
- Per‑lot weighted average prices and proceeds:
- 25,309 sh @ $504.66 → $12,772,440 (prices in this lot ranged $503.99–$504.98)
- 15,083 sh @ $505.51 → $7,624,607 (range $504.99–$505.98)
- 7,805 sh @ $506.46 → $3,952,920 (range $505.99–$506.98)
- 1,803 sh @ $507.06 → $914,229 (range $506.99–$507.23)
- Total shares sold: 50,000; total proceeds: ~$25.26M.
- Shares owned after transaction: Not specified in the provided filing text. The filing notes (F5) that reported share totals include periodic payroll acquisitions (ESPP) and 100,517 unvested awards (39,181 restricted stock units vesting Dec 2026–2028; 61,336 performance share units target amount vesting Dec 2026–2028, actual PSU payout 0–200% depending on performance).
- Footnotes F1–F4: reported prices are weighted averages; each lot was executed in multiple trades within the stated price ranges.
- Transaction code: S = Sale. No 10b5‑1 plan or tax‑withholding details were reported in the provided text.
Context
- These were outright share sales (proceeds to insider). For retail investors, purchases typically signal stronger insider conviction; sales can be routine (diversification, tax planning, liquidity) and do not by themselves indicate negative views.
- The filing includes unvested RSUs/PSUs subject to future vesting and performance conditions; those are not current shares and may convert to common stock in future periods if conditions are met.
Insider Transaction Report
Form 4
Raja Prabu G.
President, Semi. Products Grp.
Transactions
- Sale
Common Stock
[F1]2026-06-04$504.66/sh−25,309$12,772,440→ 381,333 total(indirect: By Trust) - Sale
Common Stock
[F2]2026-06-04$505.51/sh−15,083$7,624,607→ 366,250 total(indirect: By Trust) - Sale
Common Stock
[F3]2026-06-04$506.46/sh−7,805$3,952,920→ 358,445 total(indirect: By Trust) - Sale
Common Stock
[F4]2026-06-04$507.06/sh−1,803$914,229→ 356,642 total(indirect: By Trust)
Holdings
- 100,663
Common Stock
[F5]
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $503.99 to $504.98, inclusive. The reporting person undertakes to provide to Applied Materials, Inc. ("Applied"), any security holder of Applied, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1, 2, 3, and 4 to this Form 4.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $504.99 to $505.98, inclusive.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $505.99 to $506.98, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $506.99 to $507.23, inclusive.
- [F5]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 100,517 performance share units and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied common stock upon vesting, which vesting is scheduled to occur as follows: (a) 39,181 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 61,336 performance share units are scheduled to vest in installments in December of 2026 through 2028, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date).
Signature
/s/ To-Anh Nguyen, Attorney-in-Fact|2026-06-05