Form 4: Lam Research Corp: Chief Legal Officer George M. Schisler Reports Stock Transactions
SEC Form 4 Filing
George M. Schisler, Chief Legal Officer of Lam Research Corp, reports the disposal of common stock to cover tax obligations upon vesting of restricted stock units.
Summary
- On March 1, 2024, George M. Schisler, the Chief Legal Officer of Lam Research Corp, reported transactions involving the company's common stock.
- The transactions involved the disposal of shares to satisfy tax withholding obligations upon the vesting of restricted stock units.
- A total of 88, 24, 22, and 26 shares were disposed of at a price of $981.53 each.
- Following these transactions, Schisler directly owns 6,046 shares and indirectly owns 1,878.841 shares through a 401k.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction related to executive compensation and tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions (disposal of shares for tax withholding). |
| 03/05/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.