Applied Materials Files 8-K on Officer Compensation & Appointments
Ticker: AMAT · Form: 8-K · Filed: 2024-02-29T00:00:00.000Z
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**Applied Materials just filed an 8-K about changes in executive compensation and officer appointments, keep an eye on leadership shifts!**
AI Summary
Applied Materials, Inc. filed an 8-K on February 29, 2024, reporting an event that occurred on February 27, 2024. The filing pertains to Item 5.02, specifically regarding the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. The company, based in Santa Clara, CA, operates in the semiconductors & related devices industry.
Why It Matters
This filing indicates potential changes in leadership or executive compensation at a major semiconductor equipment company, which could influence future strategic direction and financial performance.
Risk Assessment
Risk Level: low — This 8-K is a standard disclosure for changes in officer compensation or appointments and does not inherently signal negative or positive financial risk without further details.
Key Players & Entities
- Applied Materials, Inc. (company) — Registrant
- February 27, 2024 (date) — Date of earliest event reported
- February 29, 2024 (date) — Filing date
- Santa Clara, CA (company) — Business address city and state
- Delaware (company) — State of incorporation
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 27, 2024.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 29, 2024.
What is the primary item discussed in this 8-K?
The primary item discussed in this 8-K is Item 5.02, which covers Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
What is the business address of Applied Materials, Inc. as stated in the filing?
The business address of Applied Materials, Inc. is 3050 Bowers Avenue, P.O. Box 58039, Santa Clara, CA 95052-8039.
In which state is Applied Materials, Inc. incorporated?
Applied Materials, Inc. is incorporated in Delaware.
Filing Stats: 745 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-02-29 16:44:55
Key Financial Figures
- $340,000 — e will receive an annual base salary of $340,000 and will be eligible to earn a target b
- $400,000 — restricted stock units with a value of $400,000 as of the grant date. The award shall b
Filing Documents
- d800019d8k.htm (8-K) — 23KB
- 0001193125-24-053557.txt ( ) — 143KB
- amat-20240227.xsd (EX-101.SCH) — 3KB
- amat-20240227_lab.xml (EX-101.LAB) — 18KB
- amat-20240227_pre.xml (EX-101.PRE) — 11KB
- d800019d8k_htm.xml (XML) — 4KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Applied Materials, Inc. (Registrant) Dated: February 29, 2024 By: /s/ Teri A. Little Teri A. Little Senior Vice President, Chief Legal Officer and Corporate Secretary