DICKERSON GARY E 4

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.