Lam Research CEO Maintains 370 Billion Won Stake While Executing Large-Scale RSU Vesting and Tax Settlement

Lam Research Corp (LRCX) board member Eric Brandt sold 35,000 shares on the open market on February 6 at prices between $221 and $230 per share, realizing approximately $7.93 million (about ₩12 billion). Even after the sale, he retains more than 250,000 shares, preserving a substantial stake. On February 27, Executive Vice President Varadarajan Seshasayee received new time-based and performance-based restricted stock units (RSUs), and some vested shares were automatically sold to cover the associated taxes. That same day, President and CEO Timothy Archer was granted roughly 50,000 time-based RSUs and 76,000 performance-based RSUs, while over 170,000 shares were automatically returned for RSU tax withholding. After these transactions, Archer still directly owns about 1.07 million shares, representing a stake worth approximately $250 million (around ₩370 billion) at current share prices.

Over the past year, Lam Research’s stock has climbed nearly 150%, driven by expectations of increased AI semiconductor equipment spending, and on February 25 it hit a 52-week high of roughly $256.60. In its most recent quarter, revenue reached about $5.3 billion—a double-digit increase—although volatility notably widened.

Founded in 1980 and based in Fremont, California, Lam Research supplies wafer etching, deposition, and other process equipment to global memory and logic semiconductor manufacturers. As a key provider of tools essential for AI accelerators and high-bandwidth memory expansion, the company has established itself as a critical supplier amid the memory market recovery and the AI investment cycle.