Form 4: Lam Research CFO Sells $6M in Company Stock

Lam Research Chief Financial Officer Douglas R. Bettinger sold 40,080 shares of common stock for a total of $6,036,048.

Summary

• Douglas R. Bettinger, Chief Financial Officer and Executive Vice President of Lam Research Corp (LRCX), sold 40,080 shares of the company's common stock.
• The transaction occurred on November 14, 2025.
• The shares were sold at a weighted average price of $150.6 per share, with individual sale prices ranging from $150.48 to $150.82.
• The total value of the shares sold amounted to $6,036,048.
• Following this transaction, Mr. Bettinger beneficially owns 987,237 shares of Lam Research common stock, which includes shares subject to unvested restricted stock units.

Sentiment

Score: 5

Explanation: A neutral sentiment score is assigned as this filing reports a routine insider stock sale, which is a common occurrence for executives and does not inherently indicate positive or negative company performance. The transaction is not explicitly linked to a 10b5-1 plan, but such sales are often for personal financial management.

Negatives

• Chief Financial Officer Douglas R. Bettinger sold 40,080 shares of company common stock.
• The sale represents a reduction in direct beneficial ownership by a key executive.

Future Outlook

This Form 4 filing reports a completed insider transaction and does not contain forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This insider transaction is specific to Lam Research's Chief Financial Officer and does not directly reflect broader industry trends or competitive dynamics within the semiconductor equipment sector. Insider sales are a common occurrence for executives for personal financial planning.

Stakeholder Impact

• Shareholders: May interpret the sale as a signal, though insider sales are common for diversification and compensation. The impact is likely minimal given the company's size and the transaction's scale relative to total shares outstanding.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific insider transaction.

Key Dates

Keywords

Lam Research, LRCX, Insider Sale, Form 4, Douglas R. Bettinger, CFO, Stock Transaction, Semiconductor Equipment