Form 4: Lam Research Director Sells Shares After Stock Split

Director Bethany Mayer sold 1,660 shares of Lam Research Corp. common stock at $75.155 per share on November 1, 2024.

Summary

• On November 1, 2024, Bethany Mayer, a director of Lam Research Corp (LRCX), sold 1,660 shares of common stock.
• The sale price was $75.155 per share.
• Following the transaction, Mayer directly owns 28,930 shares of Lam Research common stock.
• The transaction was reported on a Form 4 filing with the SEC.
• The filing notes that the figures have been adjusted to reflect a ten-for-one forward stock split effective after market close on October 2, 2024.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to a stock sale by a company director; it doesn't inherently convey positive or negative sentiment.

Industry Context

Insider transactions are routinely monitored by investors as they can provide signals, though not always definitive, about a company's prospects.

Stakeholder Impact

• The stock sale by a director could be perceived in various ways by shareholders, ranging from a non-event to a potential concern depending on the context and individual investor perspectives.

Key Dates