Applied Materials CEO reports PSU vesting and tax withholding

Rhea-AI Filing Summary

Applied Materials (AMAT) reported an insider equity event: the President and CEO recorded the vesting of performance-based awards and a related tax-withholding transaction on 10/26/2025.

The officer acquired 116,145 performance share units at $0 upon vesting, then 114,514 shares were withheld at $228.75 to cover taxes. Following these entries, the officer directly holds 1,717,739 shares.

Footnotes state the reported share count has included equity awards previously disclosed, such as 451,922 performance share units and restricted stock units that convert one-for-one upon vesting. The schedule lists 80,075 RSUs and a target of 371,847 PSUs vesting in installments in December 2025 through 2027, with PSUs subject to a 0%–200% performance payout range and continued employment.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider DICKERSON GARY E

Role President and CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	116,145	$0.00	--
Tax Withholding	Common Stock	114,514	$228.75	$26.20M

Holdings After Transaction: Common Stock — 1,832,253 shares (Direct)

Footnotes (1)

1. Represents performance share units acquired based on achievement of specified performance goal related to performance share units previously granted. This acquisition is exempt under Rule 16b-3. The performance share units vested on October 26, 2025. 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 451,922 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 Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 80,075 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and (b) 371,847 performance share units are scheduled to vest in installments in December of 2025 through 2027, 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). Represents number of shares that were automatically withheld upon vesting of performance share units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DICKERSON GARY E

(Last) (First) (Middle)

C/O APPLIED MATERIALS, INC.

P.O. BOX 58039, 3050 BOWERS AV, M/S 1268

(Street)

SANTA CLARA CA 95054

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
APPLIED MATERIALS INC /DE [ AMAT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
10/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/26/2025		A		116,145(1)	A	$0	1,832,253(2)	D
Common Stock	10/26/2025		F		114,514(3)	D	$228.75	1,717,739	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents performance share units acquired based on achievement of specified performance goal related to performance share units previously granted. This acquisition is exempt under Rule 16b-3. The performance share units vested on October 26, 2025.

2. 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 451,922 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 Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 80,075 restricted stock units are scheduled to vest in installments in December of 2025 through 2027, and (b) 371,847 performance share units are scheduled to vest in installments in December of 2025 through 2027, 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).

3. Represents number of shares that were automatically withheld upon vesting of performance share units to cover tax withholding obligations in a transaction exempt under Rule 16b-3.

Remarks:

	/s/ To-Anh Nguyen, Attorney-in-Fact	10/28/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did AMAT (AMAT) disclose on this Form 4?

The President and CEO reported vesting of performance share units and a related tax-withholding share reduction on 10/26/2025.

How many performance share units vested for AMAT’s CEO?

The filing shows 116,145 performance share units acquired at $0 upon vesting.

How many shares were withheld for taxes and at what price?

The filing lists 114,514 shares withheld at $228.75 to satisfy tax obligations.

What is the CEO’s direct ownership after the transactions?

Direct holdings are reported as 1,717,739 shares after the transactions.

What future vesting is indicated in the footnotes?

Footnotes reference 80,075 RSUs and a target 371,847 PSUs scheduled to vest in installments in December 2025–2027, subject to performance (0%–200%).

Under which rule are these transactions exempt?

The filing notes exemptions under Rule 16b-3 for award vesting and tax withholding.