Lam Research (LRCX) director Eric Brandt sells 35,000 shares in two trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lam Research Corporation director Eric Brandt reported selling common stock in two transactions. On February 6, 2026, he sold 17,000 shares at $220.95 per share and 18,000 shares at $230 per share.
After these sales, Brandt beneficially owned 253,705 shares of Lam Research common stock directly. This reported amount includes shares that are subject to unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 35,000 shares ($7,896,150)
Net Sell
2 txns
Insider
BRANDT ERIC
Role
Director
Sold
35,000 shs ($7.90M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 17,000 | $220.95 | $3.76M |
| Sale | Common Stock | 18,000 | $230.00 | $4.14M |
Holdings After Transaction:
Common Stock — 271,705 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Lam Research (LRCX) director Eric Brandt report?
Eric Brandt reported selling Lam Research common stock in two separate transactions. He sold 17,000 shares at $220.95 and 18,000 shares at $230.00, both on February 6, 2026, as disclosed in the Form 4 filing.
What is Eric Brandt’s role at Lam Research (LRCX) in this insider filing?
In this insider filing, Eric Brandt is identified as a director of Lam Research Corporation. He is not listed as a 10% owner or officer, and the Form 4 is filed as a single reporting person transaction under Section 16 rules.
Does Eric Brandt hold Lam Research (LRCX) stock directly or indirectly?
The Form 4 shows Eric Brandt’s Lam Research holdings as directly owned. The 253,705 beneficially owned shares are marked with ownership form “D” for direct, and the footnote clarifies that this amount includes unvested restricted stock units.
What does the footnote about Lam Research (LRCX) restricted stock units indicate?
The footnote explains that the reported beneficial ownership for Eric Brandt includes shares subject to unvested restricted stock units. This means his 253,705-share figure combines currently held shares and shares tied to outstanding equity awards that have not yet fully vested.