Nalamasu Omkaram 4

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.