Lam Research (LRCX) CEO Timothy Archer makes bona fide gift of 7,080 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lam Research President and CEO Timothy Archer reported a bona fide gift of 7,080 shares of common stock on February 24, 2026. After this gift, he directly owned 1,196,859 shares, including shares subject to unvested restricted stock units. He also reported indirect holdings of 48,025.775 shares through a 401(k) and 5,670.061 shares through his spouse’s 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
7,080 shares gifted
Mixed
3 txns
Insider
ARCHER TIMOTHY
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 7,080 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,196,859 shares (Direct);
Common Stock — 48,025.775 shares (Indirect, By 401(k))
Footnotes (1)
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FAQ
What insider transaction did LRCX CEO Timothy Archer report in this Form 4?
Timothy Archer reported a bona fide gift of 7,080 shares of Lam Research common stock. The transaction occurred on February 24, 2026, and was coded as a gift (code G), indicating a disposition without sale proceeds.
Were there any indirect Lam Research (LRCX) holdings reported for Timothy Archer?
Yes. Timothy Archer reported indirect ownership of 48,025.775 Lam Research shares through a 401(k) plan and 5,670.061 shares through his spouse’s 401(k). These indirect holdings are separate from his directly owned shares.
What does the Form 4 footnote say about Timothy Archer’s Lam Research (LRCX) holdings?
The footnote states that the reported amount of directly held Lam Research shares includes shares subject to unvested restricted stock units. This clarifies that some reported ownership reflects unvested equity awards, not only fully vested stock.