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Applied Materials | 3: Initial statement of beneficial ownership of securities-Officer Sanders Adam

SEC announcement ·  Mar 7 05:40
Summary by Futu AI
Adam Sanders, the Corporate Controller and Chief Accounting Officer of Applied Materials, Inc., has filed an initial statement of beneficial ownership with the SEC, as disclosed in a Form 3 filing dated March 4, 2024. The document indicates that Sanders directly owns 3,834 shares of Applied Materials common stock, which includes 3,785 restricted stock units. These units are set to vest in installments from April 2024 through January 2028, contingent upon Sanders' continued employment with the company. The filing, completed on March 6, 2024, is a routine disclosure required by Section 16(a) of the Securities Exchange Act of 1934, which mandates insiders to report changes in ownership of their company's securities.
Adam Sanders, the Corporate Controller and Chief Accounting Officer of Applied Materials, Inc., has filed an initial statement of beneficial ownership with the SEC, as disclosed in a Form 3 filing dated March 4, 2024. The document indicates that Sanders directly owns 3,834 shares of Applied Materials common stock, which includes 3,785 restricted stock units. These units are set to vest in installments from April 2024 through January 2028, contingent upon Sanders' continued employment with the company. The filing, completed on March 6, 2024, is a routine disclosure required by Section 16(a) of the Securities Exchange Act of 1934, which mandates insiders to report changes in ownership of their company's securities.
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