LRCX insider trades: option exercise 6,010; sales at $157.46–$157.48
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lam Research (LRCX) reported insider transactions by its Chief Legal Officer. On 10/27/2025, the officer sold 3,000 shares of common stock at $157.48, exercised employee stock options for 6,010 shares at an exercise price of $77.039, and sold 6,010 shares at $157.46.
Following these transactions, the officer beneficially owned 56,786.455 shares directly, which includes shares subject to unvested restricted stock units. The filing shows 12,020 derivative securities (employee stock options) remaining, expiring on 08/05/2031. The options referenced became exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 9,010 shares ($1,418,775)
Net Sell
4 txns
Insider
Harter Ava
Role
Chief Legal Officer
Sold
9,010 shs ($1.42M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 6,010 | $0.00 | -- |
| Sale | Common Stock | 3,000 | $157.48 | $472K |
| Exercise | Common Stock | 6,010 | $77.039 | $463K |
| Sale | Common Stock | 6,010 | $157.46 | $946K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 12,020 shares (Direct);
Common Stock — 56,786.455 shares (Direct)
Footnotes (1)
- The amount reported includes shares subject to unvested restricted stock units. The stock options will become exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.
FAQ
What insider transactions did LRCX report on 10/27/2025?
The Chief Legal Officer sold 3,000 shares at $157.48, exercised options for 6,010 shares at $77.039, and sold 6,010 shares at $157.46.
What options remain for the LRCX officer after these trades?
The filing lists 12,020 employee stock options remaining, expiring on 08/05/2031.
When did the exercised LRCX options vest?
They became exercisable in three equal installments on 03/01/2025, 03/01/2026, and 03/01/2027.
What is the exercise price for the LRCX options exercised?
The exercise price reported is $77.039 per share.
Was the LRCX trading under a Rule 10b5-1 plan?
The excerpt includes the 10b5-1 checkbox language; a selection is not indicated in the provided text.