Form 4: Lam Research Executive Vahid Vahedi Reports Stock Transactions

Senior Vice President Vahid Vahedi of Lam Research Corp. reports acquisition and disposal of common stock and market-based performance restricted stock units.

Summary

• Vahid Vahedi, a Senior Vice President at Lam Research Corp, filed a Form 4 detailing changes in beneficial ownership.
• On February 28, 2025, Vahedi acquired 20,467 shares of common stock.
• Also on February 28, 2025, Vahedi disposed of shares to cover tax obligations: 6,691 shares at $76.74, 2,305 shares at $76.74, 2,989 shares at $76.74 and 1,923 shares at $76.74.
• Following these transactions, Vahedi directly owns 302,903 shares of Lam Research Corp.
• Vahedi was also granted 25,015 market-based performance restricted stock units that will vest between 0% and 150% on 2/28/2028.
• The performance of the market-based performance restricted stock units is based on the percentile ranking of Lam Research's Total Shareholder Return relative to the Total Shareholder Return of the companies in the PHLX Semiconductor Total Return Index during the performance period of 02/03/2025 through 02/02/2028.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reports stock transactions related to compensation and tax obligations, without providing explicit positive or negative signals about the company's performance.

Positives

• The acquisition of 20,467 shares could be interpreted as a positive signal, indicating the executive's confidence in the company's future performance.

Future Outlook

The market-based performance restricted stock units will vest between 0% and 150% on 2/28/2028, based on Lam Research's Total Shareholder Return relative to the PHLX Semiconductor Total Return Index.

Industry Context

Executive stock transactions are common in publicly traded companies and are closely watched by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• Shareholders may interpret the executive's stock transactions as a reflection of their confidence in the company's prospects.
• The vesting of restricted stock units aligns the executive's interests with those of the shareholders, incentivizing them to drive long-term value creation.

Key Dates