Nalamasu Omkaram 4
4 · APPLIED MATERIALS INC /DE · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Applied Materials (AMAT) CTO Omkaram Sells 35,000 Shares
What Happened
- Nalamasu Omkaram, Senior Vice President and Chief Technology Officer of Applied Materials, sold a total of 35,000 shares in multiple open‑market transactions on June 15 and June 16, 2026. The individual trades ranged from about $590.20 to $596.52 per share, producing aggregate proceeds of approximately $20.75 million (average price ≈ $593.01/share). These were sales (not purchases or option exercises).
Key Details
- Transaction dates: June 15–16, 2026; Form 4 filed June 17, 2026 (timely under the two‑business‑day rule).
- Breakdown (examples): 6,938 shares @ $590.20 ($4,094,808); 3,799 @ $595.14 ($2,260,937); 3,675 @ $596.52 ($2,192,211); other trades as listed — total 35,000 shares for ~$20,754,197.
- Reported per‑trade prices are weighted averages; footnotes F1–F10 show individual trade price ranges spanning roughly $590.00 to $597.18.
- Shares owned after transaction: the provided excerpt does not state a single post‑sale total. Footnote F2 notes holdings include 59,466 restricted stock units and performance share units that will convert to shares upon vesting (vesting installments scheduled Dec 2026–Dec 2028; PSUs subject to 0–200% payout based on performance).
- No 10b5‑1 plan or other special plan was disclosed in the excerpt provided.
- Transaction code: S = Sale (open market).
Context
- These were routine open‑market sales by an executive. Sales do not necessarily signal negative views about the company — insiders sell for many reasons (diversification, tax planning, liquidity needs, scheduled plans). For retail investors, purchases by insiders tend to be a stronger signal than sales.
- The filing shows no option exercise or cashless sale details; it documents outright sales of previously owned shares.
Insider Transaction Report
Form 4
Nalamasu Omkaram
Senior Vice President, CTO
Transactions
- Sale
Common Stock
[F1][F2]2026-06-15$590.20/sh−6,938$4,094,808→ 174,978 total - Sale
Common Stock
[F3]2026-06-15$595.14/sh−3,799$2,260,937→ 171,179 total - Sale
Common Stock
[F4]2026-06-16$590.48/sh−3,515$2,075,537→ 167,664 total - Sale
Common Stock
[F5]2026-06-16$591.53/sh−4,782$2,828,696→ 162,882 total - Sale
Common Stock
[F6]2026-06-16$592.40/sh−2,412$1,428,869→ 160,470 total - Sale
Common Stock
[F7]2026-06-16$593.58/sh−4,726$2,805,259→ 155,744 total - Sale
Common Stock
[F8]2026-06-16$594.85/sh−1,125$669,206→ 154,619 total - Sale
Common Stock
[F9]2026-06-16$595.50/sh−4,028$2,398,674→ 150,591 total - Sale
Common Stock
[F10]2026-06-16$596.52/sh−3,675$2,192,211→ 146,916 total
Footnotes (10)
- [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 $590.83, 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 footnote 1 and footnotes 3 through 10 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 $596.20 to $597.18, 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 59,466 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) 22,998 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 36,468 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 $595.00 to $595.49, inclusive.
- [F4]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.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $591.02 to $592.00, inclusive.
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $592.07 to $593.00, inclusive.
- [F7]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 $594.08, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $594.13 to $594.94, inclusive.
- [F9]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.
Signature
/s/ To-Anh Nguyen, Attorney-in-Fact|2026-06-17