Deane Timothy M 4
4 · APPLIED MATERIALS INC /DE · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Applied Materials SVP Timothy M. Deane Sells Shares
What Happened
Timothy M. Deane, Senior Vice President, Applied Global Services at Applied Materials (AMAT), reported an open-market/private sale of 8,621 shares at $590.76 each on June 15, 2026, generating proceeds of $5,092,984. He also reported a gift of 1,545 shares (reported as a zero-dollar disposition) the same day. The sale is a disposition (not a purchase) and does not by itself signal insider bullishness.
Key Details
- Transaction date: 2026-06-15. Filing date (Form 4): 2026-06-17 (timely filed).
- Sale: 8,621 shares @ $590.76 = $5,092,984 (code S: sale, open market or private sale).
- Gift: 1,545 shares @ $0.00 (code G: gift).
- Shares owned after transaction: not specified in the excerpt provided. The filing notes holdings include 65,058 performance share units and restricted stock units that will convert one-for-one into common shares upon vesting (see footnote).
- Footnote (F1): Number includes 65,058 PSUs/RSUs scheduled to vest in installments—28,867 RSUs vest in Oct 2026 and Dec 2026–2028; 36,191 PSUs vest in Dec 2026–2028 (PSU payout ranges 0%–200% of target based on performance; vesting requires continued employment).
- No indication of a 10b5-1 plan or tax-withholding disposition in the provided details.
Context
- Sales are common for liquidity or diversification and do not necessarily reflect the insider’s view of the company’s prospects. Gifts are non-market transfers and similarly don’t convey market sentiment.
- The PSUs are performance-based; actual shares delivered could be higher or lower than target depending on performance metrics.
Insider Transaction Report
Form 4
Deane Timothy M
SVP, Applied Global Services
Transactions
- Sale
Common Stock
[F1]2026-06-15$590.76/sh−8,621$5,092,984→ 134,631 total - Gift
Common Stock
2026-06-15−1,545→ 133,086 total
Footnotes (1)
- [F1]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 65,058 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 Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 28,867 restricted stock units are scheduled to vest in installments in October of 2026 and December of 2026 through 2028, and (b) 36,191 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/ Brendan Christian, Attorney-in-Fact|2026-06-17