Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders for Applied Materials, Inc. held on March 12, 2026. The filing details the outcomes of three shareholder proposals regarding board elections, executive compensation, and auditor ratification.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Shareholders voted on three proposals at the Annual Meeting:
- Proposal 1: Election of Directors. All ten nominees were elected to one-year terms. Notable voting statistics include:
- Kevin P. March: Received the highest number of "Against" votes (62,101,403) among the nominees.
- Thomas J. Iannotti: Received 43,168,401 "Against" votes.
- Alexander A. Karsner: Received 37,045,818 "Against" votes.
- Judy Bruner: Received 21,075,154 "Against" votes.
- All other nominees received fewer than 14 million "Against" votes.
- Proposal 2: Advisory Vote on Executive Compensation. The compensation of Named Executive Officers for Fiscal Year 2025 was approved.
- For: 552,486,796
- Against: 41,457,649
- Abstain: 5,230,272
- Proposal 3: Ratification of Auditor. The appointment of KPMG LLP as the independent registered public accounting firm for Fiscal Year 2026 was ratified.
- For: 636,399,482
- Against: 46,823,436
- Abstain: 1,048,690
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the specific reasons for the elevated "Against" votes for directors Kevin P. March, Thomas J. Iannotti, and Alexander A. Karsner.
- Confirm the total number of shares outstanding and the quorum status at the March 12, 2026 meeting.
- Review the full Proxy Statement for details on the executive compensation package approved in Proposal 2.
- Check for any subsequent filings regarding the tenure or resignation of directors receiving significant dissenting votes.