Form 4: Lam Research Director Acquires Shares Under 10b5-1 Plan

Lam Research Corp. Director Abhijit Y. Talwalkar acquired 1,635 shares of common stock on November 7, 2025, under a Rule 10b5-1 plan.

Summary

• Director Abhijit Y. Talwalkar acquired 1,635 shares of Lam Research Corp. common stock.
• The transaction is scheduled for November 7, 2025.
• The shares were acquired at a price of $0 per share, indicating a grant or vesting.
• Following this transaction, Talwalkar will directly beneficially own 109,995 shares of common stock.
• The total beneficial ownership includes shares subject to unvested restricted stock units.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 6

Explanation: The acquisition of shares by a director, likely a scheduled grant or vesting at a $0 price, is a routine event that aligns the director's interests with shareholders. The transaction being under a 10b5-1 plan adds transparency. The future transaction date indicates a pre-planned event rather than a discretionary market purchase.

Positives

• Director Abhijit Y. Talwalkar is set to acquire 1,635 shares of common stock, increasing his direct beneficial ownership to 109,995 shares, which aligns his interests with shareholders.
• The transaction is executed under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent transaction.

Stakeholder Impact

• Shareholders: Increased alignment of director's interests with shareholders due to increased stock ownership.

Key Dates

Recommendation

The reported transaction is an acquisition of shares by a director at a $0 price, likely representing a scheduled equity grant or vesting under a pre-arranged Rule 10b5-1 plan. While it increases the director's beneficial ownership and aligns interests with shareholders, it is a routine compensation event rather than a discretionary open-market purchase. Therefore, it primarily reinforces a 'hold' position rather than signaling a strong buy or sell.

Keywords

Lam Research, LRCX, Form 4, Insider Trading, Stock Acquisition, Director, Abhijit Y. Talwalkar, Rule 10b5-1, Common Stock