AMATApplied Materials
Applied Materials, Inc. is the leader in the materials engineering solutions used to produce virtually every semiconductor in the world. 10-K, Item 1
Deals between AMAT and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement. Below: what the proxy filed 2026-01-28 reports that the one filed 2025-01-22 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-01-22.
Nothing new: every deal in this year's section was reported last year too.
No longer reported 5 paragraphs of the proxy filed 2025-01-22 with nothing like them this year
Certain Relationships and Related Transactions“The Audit Committee has adopted standing pre-approvals for limited transactions with related persons. Pre-approved transactions are as follows:”
Read it in last year's proxy ↗
Certain Relationships and Related Transactions“Any transaction with another company with which a related person’s only relationship is as an employee, director, or beneficial owner of less than 10% of that company’s shares, if the aggregate amount involved does not exceed the greater of $1 million or 2% of that company’s total annual revenues;”
Read it in last year's proxy ↗
Certain Relationships and Related Transactions“Any charitable contribution, grant, or endowment by Applied or The Applied Foundation to a charitable organization, foundation, or university with which a related person’s only relationship is as an employee (other than an executive officer) or a director, if the amount involved does not exceed the lesser of $1 million or 2% of the charitable organization’s total annual receipts;”
Read it in last year's proxy ↗
Certain Relationships and Related Transactions“Compensation to executive officers or directors that has been approved by the HRCC;”
Read it in last year's proxy ↗
Certain Relationships and Related Transactions“Transactions in which all shareholders receive proportional benefits or where the rates or charges involved are determined by competitive bids; and Banking-related services involving a bank depository of funds, transfer agent, registrar, trustee under a trust indenture, or similar service.”
Read it in last year's proxy ↗
The whole section 3 paragraphs, proxy filed 2026-01-28
Certain Relationships and Related Transactions“Applied’s Audit Committee is responsible for the review, approval, or ratification of “related person transactions” involving Applied or its subsidiaries and related persons. Under SEC rules, a related person is a director, executive officer, nominee for director, or 5% shareholder of a company since the beginning of the previous fiscal year, and their immediate family members. Applied has adopted written policies and procedures that apply to any transaction or series of transactions in which (1) Applied or a subsidiary is a participant, (2) the amount involved exceeds $120,000 and (3) a related person has a direct or indirect material interest.”
Read it in the proxy ↗
Certain Relationships and Related Transactions“In accordance with these policies and procedures, the Audit Committee determines whether the related person has a material interest in a transaction and may, in its discretion, approve, ratify, or take other action with respect to the transaction. The Audit Committee reviews all material facts related to the transaction and takes into account, among other factors it deems appropriate, whether the transaction is on terms no less favorable than terms generally available to an unaffiliated third party under the same or similar circumstances, the extent of the related person’s interest in the transaction, and the purpose and the potential benefits to Applied of the transaction.”
Read it in the proxy ↗
Certain Relationships and Related Transactions“In addition, the Audit Committee has delegated authority to the Chair of the Audit Committee to review and approve transactions in accordance with specified criteria, if advance review by the Audit Committee is not feasible. Any transactions approved by the Chair must be reported to the Audit Committee at its next regularly-scheduled meeting.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗
Work on AMAT in a spreadsheet:
Excel workbook (a sheet per section, ten years by column, charts, links to the filings) ·
CSV.
For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/AMAT/export.csv") into a cell.