Director at Research Corp (LRCX) awarded 1,141 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Research Corp director Anirudh Devgan reported receiving 1,141 shares of common stock on February 6, 2026 in a transaction coded “A” at a price of $0 per share, indicating an equity award. The reported amount includes shares subject to unvested restricted stock units.
Following this grant, Devgan beneficially owns 1,141 shares directly and 312 shares indirectly through a trust, reflecting his combined direct and indirect holdings in the company’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DEVGAN ANIRUDH
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,141 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,141 shares (Direct);
Common Stock — 312 shares (Indirect, Trust)
Footnotes (1)
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FAQ
What insider transaction did LRCX director Anirudh Devgan report?
Director Anirudh Devgan reported receiving 1,141 shares of common stock on February 6, 2026. The shares were acquired at a price of $0 per share, indicating they were granted as an equity award rather than purchased in the open market.
What does the $0 price on Anirudh Devgan’s LRCX stock grant mean?
The reported $0 price per share indicates the 1,141 common shares were granted to Anirudh Devgan, not bought in the market. This is typical for equity awards such as restricted stock units, which are issued by the company as part of compensation.
Are unvested restricted stock units included in Devgan’s LRCX holdings?
Yes. A footnote states that the reported amount includes shares subject to unvested restricted stock units. This means the 1,141 reported shares encompass both vested and unvested RSU-related shares credited to Anirudh Devgan as of the transaction date.
What is the significance of transaction code "A" on this LRCX Form 4?
Transaction code “A” designates an acquisition of securities. Here, it reflects the grant of 1,141 common shares to director Anirudh Devgan as an equity award, rather than a discretionary market purchase, at a reported price of $0 per share.