Applied Materials Inc: SVP Deane Timothy M sold 2,644 shares

What happened

• Deane Timothy M, senior vice president, applied global services, had 2,644 shares withheld to cover tax withholding obligations on Oct 01, 2026, at $529.30 per share for a total of $1,399,469.

Key details

• Transaction date and price: Oct 01, 2026, at $529.30 per share.
• Filing date: Oct 05, 2026.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote F1: these 2,644 shares were automatically withheld upon vesting of restricted stock units to cover tax withholding obligations (transaction code F; exempt under Rule 16b-3).
• Footnote F2: increased number of shares reflects periodic payroll acquisitions under the employees' stock purchase plan and includes 59,726 performance share units and restricted stock units previously reported that will convert one-for-one into shares upon vesting. Of those, 23,535 restricted stock units and 36,191 performance share units are scheduled to vest in installments in Dec 2026 through Dec 2028 (performance share units vest at a range of 0% to 200% of the target amount); all vesting is subject to continued employment.
• Filing timeliness: not indicated in the provided filing excerpt.

Why it may matter

• This transaction was a tax withholding (shares were withheld upon vesting), not a market sale initiated by the insider.
• For derivative-related actions: the filing describes withholding of vested restricted stock units and notes upcoming vesting schedules for restricted stock units and performance share units.
• A filing does not show why the insider traded or why the company acted.