Applied materials corp. controller sells $394,807 in stock

Applied Materials' Controller, Adam Sanders, sold 725 shares of the company's common stock on October 2, 2026, for a total of $394,807. This amounted to a price of $544.562 per share. Following the sale, Sanders directly owns 3,181 shares, including restricted stock units that will convert to common stock between January 2027 and January 2030, should he remain employed.

On the same day, Sanders withheld 269 shares, valued at $142,381, to meet tax obligations related to the vesting of restricted stock units. The filing of this transaction was completed on October 5, 2026. Meanwhile, Applied Materials announced an investment of $5 billion in India over the next decade to strengthen the country's semiconductor ecosystem, which includes constructing a 140-acre research park. Cantor Fitzgerald maintained an Overweight rating on the company, citing a positive outlook.