Form 4: Lam Research Chief Legal Officer Sells Shares Under 10b5-1 Plan

Sentiment:

Insider Transaction Report


Lam Research's Chief Legal Officer, Ava Harter, sold 1,500 shares of common stock for $222.66 per share under a pre-arranged trading plan.

Summary

  • Ava Harter, Chief Legal Officer of Lam Research Corp (LRCX), disposed of 1,500 shares of common stock.
  • The transaction occurred on March 4, 2026, at a price of $222.66 per share.
  • The sale was executed under a Rule 10b5-1(c) pre-arranged trading plan.
  • Following the transaction, Ava Harter beneficially owns 53,205.455 shares of Lam Research common stock, which includes shares subject to unvested restricted stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for an insider transaction executed under a pre-arranged 10b5-1 plan, which is a common practice for managing personal liquidity and diversification.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those executed under Rule 10b5-1 plans, are common occurrences in the semiconductor equipment industry and generally reflect personal financial planning rather than a change in company fundamentals or outlook.

Related Party Transactions

  • The sale of 1,500 shares of common stock by Ava Harter, Chief Legal Officer, constitutes a related party transaction as it involves an officer of the company.

Key Dates

DateDescription
03/04/2026Date of transaction where 1,500 shares of common stock were disposed of.
03/05/2026Date the Form 4 was signed by Marta Woods, acting as Power of Attorney for Ava Harter.

Keywords

Lam Research, LRCX, Insider Trading, Form 4, Stock Sale, Ava Harter, Chief Legal Officer, 10b5-1 Plan

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