DICKERSON GARY E 4
4 · APPLIED MATERIALS INC /DE · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Applied Materials CEO Gary Dickerson Sells $49.2M in Stock
What Happened
- Gary E. Dickerson, President & CEO and a director of Applied Materials (AMAT), disposed of a total of 100,000 shares (83,000 sold in open‑market trades and 17,000 gifted) in transactions on June 15–16, 2026. The open‑market sales generated approximately $49.24 million in proceeds. Sale prices (weighted averages reported per lot) ranged roughly from $590.00 to $599.50 per share.
Key Details
- Transaction dates: June 15–16, 2026; Form 4 filed June 17, 2026 (timely filing).
- Sales: 83,000 shares sold across multiple trades, total proceeds ≈ $49,239,084.
- Gift: 17,000 shares disposed as a gift on June 16, 2026 (no proceeds reported).
- Price range: approximately $590.00–$599.50 per share; weighted average prices and per‑trade price ranges are shown in the filing footnotes (F1–F12).
- Holdings note (from filing footnote F2): reported share totals include 379,244 performance share units and restricted stock units that may convert to common shares upon future vesting (vesting scheduled Dec 2026–2028, PSUs payout 0%–200% of target).
- No 10b5‑1 plan or late filing was indicated in the provided excerpt.
Context
- These were open‑market sales (and a gift). Sales by executives are often routine (diversification or liquidity) and do not necessarily signal a change in company outlook; gifts likewise do not imply a directional view. Retail investors should consider insider transactions alongside company results, guidance, and other factors rather than treating a sale alone as a buy/sell signal.
Insider Transaction Report
Form 4
DICKERSON GARY E
DirectorPresident and CEO
Transactions
- Sale
Common Stock
[F1][F2]2026-06-15$590.03/sh−11,273$6,651,408→ 1,766,891 total - Sale
Common Stock
[F3]2026-06-16$590.52/sh−15,755$9,303,643→ 1,751,136 total - Sale
Common Stock
[F4]2026-06-16$591.40/sh−9,186$5,432,600→ 1,741,950 total - Sale
Common Stock
[F5]2026-06-16$592.18/sh−10,411$6,165,186→ 1,731,539 total - Sale
Common Stock
[F6]2026-06-16$593.51/sh−4,682$2,778,814→ 1,726,857 total - Sale
Common Stock
[F7]2026-06-16$594.74/sh−4,535$2,697,146→ 1,722,322 total - Sale
Common Stock
[F8]2026-06-16$595.59/sh−5,933$3,533,635→ 1,716,389 total - Sale
Common Stock
[F9]2026-06-16$596.82/sh−13,505$8,060,054→ 1,702,884 total - Sale
Common Stock
[F10]2026-06-16$597.45/sh−4,457$2,662,835→ 1,698,427 total - Sale
Common Stock
[F11]2026-06-16$598.56/sh−2,426$1,452,107→ 1,696,001 total - Sale
Common Stock
[F12]2026-06-16$599.35/sh−837$501,656→ 1,695,164 total - Gift
Common Stock
2026-06-16−17,000→ 1,678,164 total
Footnotes (12)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $590.00 to $590.16, 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 set forth in footnote 1 and footnotes 3 through 12 to this Form 4.
- [F10]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.20 to $598.13, inclusive.
- [F11]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.20 to $599.19, inclusive.
- [F12]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.22 to $599.50, inclusive.
- [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 379,244 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) 66,063 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 313,181 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).
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $590.00 to $590.99, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $591.00 to $591.94, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $592.02 to $593.00, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $593.11 to $594.07, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $594.14 to $595.03, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $595.16 to $596.03, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.20 to $597.18, inclusive.
Signature
/s/ To-Anh Nguyen, Attorney-in-Fact|2026-06-17