4/A: Lam Research Director Transfers Shares to Family Trust

Bethany Mayer, a director at Lam Research, transferred 28,930 shares of common stock to the Mayer Family Trust on November 6, 2024.

Summary

• On November 6, 2024, Bethany Mayer, a director at Lam Research, transferred 28,930 shares of Lam Research common stock to the Mayer Family Trust.
• The transfer was made for no consideration.
• Bethany Mayer is the trustee of the Mayer Family Trust, and she and her immediate family are the sole beneficiaries.
• Despite the transfer, Bethany Mayer remains the beneficial owner of the shares held by the trust.

Sentiment

Score: 7

Explanation: The document reflects a neutral transaction, a routine transfer of shares for estate planning purposes. There is no indication of positive or negative sentiment towards the company.

Industry Context

This transaction is a routine transfer of shares for estate planning purposes and does not indicate any change in the director's view of the company's prospects.

Comparison to Industry Standards

• Transfers of shares to family trusts are common among corporate executives for estate planning and tax purposes.
• Such transactions are generally not indicative of a change in the executive's confidence in the company's performance.

Stakeholder Impact

• The transaction has no material impact on shareholders as the beneficial ownership remains with the director.

Key Dates

Keywords

Lam Research, LRCX, Bethany Mayer, stock transfer, beneficial ownership, Mayer Family Trust, director