AMAT CTO Omkaram Nalamasu sells 35.0K shares for $20.8M across 9 transactions (2026-06-15/16) at blended average $592.98
Omkaram Nalamasu, Senior Vice President and CTO at Applied Materials, executed 9 separate sales totaling 35.0K shares for $20.8M over two trading days at prices ranging from $590.20 to $596.52 per share. The sale represents a 19.2% reduction from his pre-transaction holdings of 181.9K shares. The timing is notable: the stock has appreciated 43.4% in the prior 30 days and 66.0% in the prior 90 days, placing the current price at -4.9% from its 52-week high of $623.35. Regarding prior execution patterns, his single prior AMAT transaction (a sell on 2023-12-22) generated positive 90-day returns, indicating it was poorly timed from a sell perspective. This filing merits monitoring given the senior technical leadership position, substantial dollar volume, and the stock's recent volatile appreciation trajectory.