Lam Research (LRCX) CEO sells shares and exercises options in 10b5-1 plan
Rhea-AI Filing Summary
Lam Research Corp. reported insider trading activity by its President and CEO on 12/17/2025. The filing shows sales and an option exercise in Lam Research common stock carried out under a Rule 10b5-1 trading plan adopted on August 19, 2025.
The CEO sold 50,000 shares of common stock at $163.86 per share, then exercised an employee stock option for 113,300 shares at an exercise price of $17.675 per share. Those 113,300 shares were then sold on the same day at $163.86 per share. After these transactions, the CEO directly beneficially owned 932,409 shares of Lam Research common stock, which includes shares subject to unvested restricted stock units.
The filing also lists indirect holdings of 48,025.816 shares through a 401(k) plan and 5,670.097 shares through the spouse's 401(k) plan, reflecting additional indirect economic exposure to Lam Research stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 113,300 | $0.00 | -- |
| Sale | Common Stock | 50,000 | $163.86 | $8.19M |
| Exercise | Common Stock | 113,300 | $17.675 | $2.00M |
| Sale | Common Stock | 113,300 | $163.86 | $18.57M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025 The amount reported includes shares subject to unvested restricted stock units. The stock options will become exercisable in three equal installments on 03/01/2020, 03/01/2021, and 03/01/2022.
FAQ
What insider transaction did Lam Research (LRCX) report for its CEO?
The President and CEO of Lam Research Corp. reported stock sales and an option exercise on 12/17/2025. He sold 50,000 shares of common stock and also exercised an employee stock option covering 113,300 shares, which were then sold the same day.
Were the Lam Research (LRCX) CEO trades made under a Rule 10b5-1 plan?
Yes. The filing states that the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 19, 2025.
What employee stock option did the Lam Research (LRCX) CEO exercise?
The CEO exercised an employee stock option (right to buy) for 113,300 shares of common stock at an exercise price of $17.675 per share. After the exercise, 0 derivative securities remained beneficially owned from that option.
What indirect Lam Research (LRCX) holdings does the CEO report?
The filing shows indirect ownership of 48,025.816 shares of Lam Research common stock through a 401(k) plan and 5,670.097 shares through the CEO's spouse's 401(k) plan.