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Director at Lam Research (LRCX) gifts 4,571 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lam Research Corp director Abhijit Y. Talwalkar reported a bona fide gift of 4,571 shares of common stock on March 10, 2026. The shares were transferred at a reported price of $0.00 per share, consistent with a non-cash charitable or personal gift. Following this disposition, Talwalkar directly holds 105,424 shares of Lam Research common stock, and this amount includes shares underlying unvested restricted stock units.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
TALWALKAR ABHIJIT Y

(Last) (First) (Middle)
C/O LAM RESEARCH CORPORATION
4650 CUSHING PARKWAY

(Street)
FREMONT CA 94538

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LAM RESEARCH CORP [ LRCX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/10/2026 G 4,571 D $0 105,424(1) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The amount reported includes shares subject to unvested restricted stock units.
Remarks:
Marta Woods by Power of Attorney 03/11/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Lam Research (LRCX) director Abhijit Talwalkar report in this Form 4?

Abhijit Talwalkar reported a bona fide gift of Lam Research shares. The Form 4 shows he transferred 4,571 shares of common stock as a gift on March 10, 2026, at a reported price of $0.00 per share, reflecting a non-cash disposition.

How many Lam Research (LRCX) shares did the director gift and at what price?

The director gifted 4,571 Lam Research common shares at $0.00 per share. The transaction is coded as a bona fide gift, meaning no sale proceeds were received, and it represents a non-market transfer rather than an open-market purchase or sale.

How many Lam Research (LRCX) shares does Abhijit Talwalkar hold after the gift?

After the gift, Talwalkar directly holds 105,424 Lam Research shares. This post-transaction figure includes shares subject to unvested restricted stock units, indicating his remaining equity stake combines currently owned shares and those tied to outstanding equity awards.

What does transaction code G mean in this Lam Research (LRCX) Form 4?

Transaction code G indicates a bona fide gift of shares. In this filing, the 4,571 Lam Research common shares were transferred as a gift, not sold in the market, so the director did not receive cash and the transfer reflects a non-commercial disposition.

Is this Lam Research (LRCX) Form 4 transaction an open-market sale or purchase?

No, the transaction is neither an open-market sale nor a purchase. It is reported as a bona fide gift (code G) of 4,571 shares at $0.00 per share, with the director retaining 105,424 shares afterward, including those linked to unvested restricted stock units.
Lam Research

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Semiconductor Equipment & Materials
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United States
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