LAM RESEARCH CORP 4

Timothy Archer, President and CEO of Lam Research Corp. (LRCX), exercised 30,000 stock options at $30.033 and sold 30,000 common shares at $390.01 on July 2, 2026 under a Rule 10b5‑1 plan.

On July 2, 2026, Timothy Archer, President and CEO of Lam Research Corp., exercised employee stock options for 30,000 shares of common stock at an exercise price of $30.033 per share (approximately $901,000 in value), and on the same day sold 30,000 shares of common stock at $390.01 per share for proceeds of about $11.7 million under a pre‑arranged Rule 10b5‑1 trading plan. The Form 4 shows this as an option exercise (code M) followed by an open market sale (code S), effectively converting low‑cost options into cash while maintaining a very large residual equity position. After these transactions, Archer directly owned 1,075,966 shares of Lam Research common stock, with additional indirect holdings of 48,025.745 shares through his 401(k) and 5,670.026 shares through his spouse’s 401(k), and the filing notes that his direct ownership figure includes shares underlying unvested restricted stock units. The stock options exercised were part of a grant that became exercisable in three equal installments on March 2, 2021, 2022, and 2023 and were scheduled to expire on March 2, 2027.

Filing Facts

CIK

707549

Ticker

LRCX

Form

4

Source Type

sec

Accession

0001343600-26-000009

Alert Tier

9

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