Form 4: Lam Research President Sells Shares
Insider Transaction (Form 4)
Seshasayee Varadarajan, Senior Vice President of Lam Research Corp, sold 59,750 shares of common stock on September 2, 2026 for $291.32 per share.
Summary
- Open-market sale: disposed of 20,000 Common Stock at $291.32 ($5,826,400) on September 2, 2026; holds 205,546 after (Direct).
- Option exercise/conversion: acquired 12,270 Common Stock at $59.88 ($734,740) on September 2, 2026; holds 217,816 after (Direct).
- Open-market sale: disposed of 12,270 Common Stock at $291.32 ($3,574,496) on September 2, 2026; holds 205,546 after (Direct).
- Option exercise/conversion: acquired 27,480 Common Stock at $30.03 ($825,307) on September 2, 2026; holds 233,026 after (Direct).
- Open-market sale: disposed of 27,480 Common Stock at $291.32 ($8,005,474) on September 2, 2026; holds 205,546 after (Direct).
- Option exercise/conversion: disposed of 12,270 Employee Stock Option (Right to Buy) on September 2, 2026 (Direct).
- Option exercise/conversion: disposed of 27,480 Employee Stock Option (Right to Buy) on September 2, 2026 (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $17,406,370 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Seshasayee Varadarajan — Officer (Senior Vice President)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-02 | Open-market sale | Common Stock | 20,000 | $291 | $5.8M | 205,546 |
| 2026-09-02 | Option exercise/conversion | Common Stock | 12,270 | $60 | $734.7K | 217,816 |
| 2026-09-02 | Open-market sale | Common Stock | 12,270 | $291 | $3.6M | 205,546 |
| 2026-09-02 | Option exercise/conversion | Common Stock | 27,480 | $30 | $825.3K | 233,026 |
| 2026-09-02 | Open-market sale | Common Stock | 27,480 | $291 | $8.0M | 205,546 |
| 2026-09-02 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 12,270 | — | — | 0 |
| 2026-09-02 | Option exercise/conversion | Employee Stock Option (Right to Buy) | 27,480 | — | — | 0 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-02 | Open-market sale (20,000 shares) |
| 2026-09-02 | Option exercise/conversion (12,270 shares) |
| 2026-09-02 | Open-market sale (12,270 shares) |
| 2026-09-02 | Option exercise/conversion (27,480 shares) |
| 2026-09-02 | Open-market sale (27,480 shares) |
| 2026-09-02 | Option exercise/conversion (12,270 shares) |
| 2026-09-02 | Option exercise/conversion (27,480 shares) |
Keywords
insider transaction, Form 4, LRCX, LAM RESEARCH CORP, bearish, Seshasayee Varadarajan
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