LAM RESEARCH CORP 4

Senior Vice President Varadarajan Seshasayee of Lam Research Corp. exercised stock options and sold an aggregate 59,750 shares of LRCX common stock for roughly $17.4 million on September 2, 2026 under a Rule 10b5-1 plan.

On September 2, 2026, Varadarajan Seshasayee, Senior Vice President of Lam Research Corp., executed a series of option exercises and related sales under a Rule 10b5-1 trading plan. He exercised employee stock options for 12,270 shares at $59.881 and 27,480 shares at $30.033 (both recorded as acquisition transactions), then sold 12,270 shares and 27,480 shares at $291.32 per share, as well as an additional 20,000 shares at $291.32, amounting to three distinct open-market sale transactions. The combined sales totaled 59,750 shares for approximately $17.4 million in gross proceeds, largely offsetting the cost basis of the exercised options. Following these transactions, Seshasayee reported direct ownership of 205,546 shares of Lam Research common stock, plus 2,366.911 shares held indirectly via a 401(k) plan, with the direct stake alone worth about $59.8 million based on the $291.32 reference price.

Filing Facts

CIK

707549

Ticker

LRCX

Form

4

Source Type

sec

Accession

0001707827-26-000006

Alert Tier

9