Research Corp director acquires 1,141 shares

Q: 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.

Q: How many LRCX shares does Anirudh Devgan own after this Form 4?

After the reported transaction, Anirudh Devgan beneficially owns 1,141 shares directly and 312 shares indirectly through a trust. These figures reflect his combined direct and indirect ownership in Research Corp common stock as of the reported date.

Q: 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.

Q: 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.

Q: How are Devgan’s indirect LRCX shares held according to the Form 4?

The Form 4 shows 312 shares of common stock held indirectly with the nature of ownership listed as “Trust”. This indicates a trust associated with Anirudh Devgan holds these shares, which are counted toward his beneficial ownership.

Q: 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.

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.

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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.

Insider Trade Summary

Grant/Award: 1,141 shares

Grant/Award 2 txns

Insider DEVGAN ANIRUDH

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,141	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,141 shares (Direct); Common Stock — 312 shares (Indirect, Trust)

Footnotes (1)

F1. The amount reported includes shares subject to unvested restricted stock units.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

How many LRCX shares does Anirudh Devgan own after this Form 4?

After the reported transaction, Anirudh Devgan beneficially owns 1,141 shares directly and 312 shares indirectly through a trust. These figures reflect his combined direct and indirect ownership in Research Corp common stock as of the reported date.

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.

How are Devgan’s indirect LRCX shares held according to the Form 4?

The Form 4 shows 312 shares of common stock held indirectly with the nature of ownership listed as “Trust”. This indicates a trust associated with Anirudh Devgan holds these shares, which are counted toward his beneficial ownership.

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/09/2026 - 01:59 PM EST

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^*

DEVGAN ANIRUDH

(Last)

(First)

(Middle)

C/O LAM RESEARCH CORPORATION

4650 CUSHING PKWY

(Street)

FREMONT

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)
02/06/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/06/2026		A		1,141	A	$0	1,141⁽¹⁾	D
Common Stock								312	I	Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The amount reported includes shares subject to unvested restricted stock units.

Remarks:

	Marta Woods by Power of Attorney	02/09/2026
	** 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.

Source: View Original Filing on SEC EDGAR