secwatch.observer — SEC 8-K summary
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Issuer:     APPLIED MATERIALS INC /DE (AMAT)
CIK:        0000006951
Form:       8-K
Filed at:   2024-02-29T23:59:59+00:00
Accession:  0001193125-24-053557
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Applied Materials appoints Adam Sanders as Chief Accounting Officer effective March 4, 2024
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- Sanders, 52, previously Semiconductor Segment Group CFO, succeeds Charles Read who served as interim principal accounting officer since December 2023.
- New annual base salary of $340,000; target bonus for FY2024 of 50% of base salary.
- Long-term incentive award of restricted stock units valued at $400,000, vesting 25% on April 1, 2025 and 6.25% quarterly thereafter.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/6951/000119312524053557/0001193125-24-053557-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/6951/000119312524053557/d800019d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-053557

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer