Iannotti Thomas J 4
4 · APPLIED MATERIALS INC /DE · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Applied Materials Director Thomas Iannotti Sells 9,250 Shares
What Happened Thomas J. Iannotti, a director of Applied Materials (AMAT), sold 9,250 shares in open-market transactions on 2026-06-16 for a weighted-average price of $599.77, generating gross proceeds of $5,547,873. On the same day he also gifted 750 shares (no cash proceeds). These transactions are dispositions (sales/gift) rather than purchases.
Key Details
- Transaction date: 2026-06-16; Form 4 filed 2026-06-17 (appears timely).
- Sale: 9,250 shares; weighted-average price reported $599.77; total proceeds $5,547,873.
- Price range: shares were sold in multiple trades at prices between $599.45 and $600.39 (footnote F1).
- Gift: 750 shares reported as a gift (code G) with $0 proceeds. Gifts do not necessarily reflect market sentiment.
- Shares owned after the transaction: not specified in the provided excerpt of the filing.
- Footnote F2: the reported share count includes 741 restricted stock units (RSUs) that will convert one-for-one into common shares upon vesting in March 2027, subject to continued service as a director.
Context Sales by directors are common and can be for many personal or tax reasons; they are not the same signal as purchases. The filing notes multiple sale prices (weighted average reported) and an accompanying small gift; no options exercise or other derivative activity was reported.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-06-16$599.77/sh−9,250$5,547,873→ 40,559 total - Gift
Common Stock
2026-06-16−750→ 39,809 total
- 1,500(indirect: By Trust)
Common Stock
Footnotes (2)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.45 to $600.39, 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 to this Form 4.
- [F2]Number of shares includes 741 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 in March 2027 (subject to continued service as a director through the vesting date).