Director at Lam Research (LRCX) gifts 4,571 common shares
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
4,571 shares gifted
Mixed
1 txn
Insider
TALWALKAR ABHIJIT Y
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 4,571 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 105,424 shares (Direct)
Footnotes (1)
- [object Object]
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.
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.