Applied Materials CTO Omkaram Nalamasu Sells 30,992 Shares for $18.4M

This SEC Form 4 filing reports that Omkaram Nalamasu, Senior Vice President and Chief Technology Officer of Applied Materials Inc., sold 30,992 shares of company common stock over two days in June 2026. The transactions occurred on June 15-16, 2026, with sales totaling approximately $18.4 million at weighted average prices ranging from $590.20 to $596.52 per share. Following these sales, Nalamasu's direct holdings decreased to 146,916 shares. The filing includes detailed footnotes explaining that the reported prices are weighted averages from multiple transactions within specific price ranges, and that the officer's total holdings include 59,466 performance share units and restricted stock units scheduled to vest between 2026-2028. The transactions were executed through an attorney-in-fact and represent routine insider trading activity that must be reported to the SEC.