DICKERSON GARY E 4
4 · APPLIED MATERIALS INC /DE · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Applied Materials (AMAT) CEO Gary Dickerson Sells Shares
What Happened
- Gary E. Dickerson, President, CEO and a director of Applied Materials (AMAT), sold a total of 78,321 shares in open‑market transactions on June 29–30, 2026. The trades consisted of 50,332 shares ($35.24M), 7,989 shares ($5.60M), 19,970 shares ($14.68M), and 30 shares ($22K), for aggregate proceeds of about $55.6 million. These were outright sales (transaction code S), not purchases or option exercises.
Key Details
- Transaction dates and reported prices:
- 2026-06-29: 50,332 shares at a weighted average ~$700.21 (sales executed across $700.00–$700.98) — $35,242,970 (footnote F1).
- 2026-06-29: 7,989 shares at a weighted average ~$701.33 (sales across $701.04–$701.64) — $5,602,925 (footnote F3).
- 2026-06-30: 19,970 shares at a weighted average ~$735.22 (sales across $735.00–$735.94) — $14,682,343 (footnote F4).
- 2026-06-30: 30 shares at a weighted average ~$736.05 (sales at $736.01 and $736.09) — $22,082 (footnote F5).
- Filing: Form 4 filed 2026-07-01 (covers June 29–30 trades). No late‑filing flag is indicated in the provided excerpt.
- Shares owned after transaction: not specified in the excerpt provided. The filing notes 379,244 performance share units and restricted stock units that will convert one‑for‑one upon vesting (footnote F2).
- Footnotes: prices are reported as weighted averages with ranges for the multiple execution prices; F2 describes vesting schedule and performance‑based vesting (0–200% range for PSUs) through Dec 2026–2028.
Context
- These were open‑market sales (S), which are often routine liquidity or diversification moves by executives; they do not necessarily indicate a change in view on the company.
- The filing also highlights outstanding equity awards (RSUs and performance share units) that may convert to common stock in future vesting periods, subject to continued employment and performance targets.
Insider Transaction Report
Form 4
DICKERSON GARY E
DirectorPresident and CEO
Transactions
- Sale
Common Stock
[F1][F2]2026-06-29$700.21/sh−50,332$35,242,970→ 1,627,832 total - Sale
Common Stock
[F3]2026-06-29$701.33/sh−7,989$5,602,925→ 1,619,843 total - Sale
Common Stock
[F4]2026-06-30$735.22/sh−19,970$14,682,343→ 1,599,873 total - Sale
Common Stock
[F5]2026-06-30$736.05/sh−30$22,082→ 1,599,843 total
Footnotes (5)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $700.00 to $700.98, 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 footnotes 1, 3, 4 and 5 to this Form 4.
- [F2]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 $701.04 to $701.64, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $735.00 to $735.94, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices of $736.01 and $736.09.
Signature
/s/ To-Anh Nguyen, Attorney-in-Fact|2026-07-01