4Filing Date: Sep 10, 2026
Lam Research (LRCX)
Statement of Changes in Beneficial Ownership
View SEC Filing
ACC: 0001343600-26-000013
Total Value$10.48M
Trades4
Insiders1
Transaction Details
ARCHER TIMOTHY
President and CEO·Direct
Sell · Dispose
Common Stock
Shares-30.00K
Price$319.26
Total Value$9.58M
Shares Owned After1.08M
Transaction DateSep 9, 2026
10b5-1
Footnotes ▸
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026. | The amount reported includes shares subject to unvested restricted stock units.
ARCHER TIMOTHY
President and CEO·Direct
Exercise · Acquire
Common Stock
Shares+30.00K
Price$30.03
Total Value$901.0K
Shares Owned After1.11M
Transaction DateSep 9, 2026
10b5-1
Footnotes ▸
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026. | The amount reported includes shares subject to unvested restricted stock units.
ARCHER TIMOTHY
President and CEO·Direct
Exercise · Dispose
Employee Stock Option (Right to Buy)Derivative
Shares-30.00K
Price$0.00
Total Value$0
Shares Owned After31.40K
Transaction DateSep 9, 2026
Exercise Price$30.03
ExpiresMar 2, 2027
10b5-1
Footnotes ▸
The stock options will become exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.
ARCHER TIMOTHY
President and CEO·Indirect · By 401(k)
Common Stock
Shares0
Price-
Total Value$0
Shares Owned After48.03K
10b5-1Holding Only
Post-Transaction Holdings
ARCHER TIMOTHY · President and CEO
| Security | Shares | Change |
|---|---|---|
| Common Stock | 1.12M | - |
| Employee Stock Option (Right to Buy) | 31.40K | -30.00K (-48.86%) |
auto_awesomeDeep Analysis
Deep Analysis
Lam Research CEO Tim Archer exercised 30,000 options and sold all 30,000 shares for ~$9.6M under a pre-set Rule 10b5-1 plan — a cashless exercise-and-sell that leaves his direct stake unchanged.
lock
Original SEC Filing Textexpand_more
=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-09-09
10b5-1 Pre-arranged Plan: Yes
--- Issuer ---
Name: LAM RESEARCH CORP (LRCX)
CIK: 0000707549
--- Reporting Owner ---
Name: ARCHER TIMOTHY
CIK: 0001343600
Role: Officer (President and CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-09-09 | Code: M (Exercise of derivative)
Shares: +30,000 | Price: $30.03
Total Value: $900,990.00
Shares Owned After: 1,105,966 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026.
[F2] The amount reported includes shares subject to unvested restricted stock units.
[Transaction #2]
Security: Common Stock
Date: 2026-09-09 | Code: S (Open market sale)
Shares: -30,000 | Price: $319.26
Total Value: $9,577,800.00
Shares Owned After: 1,075,966 | Ownership: D (Direct)
Footnotes:
[F1] This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026.
[F2] The amount reported includes shares subject to unvested restricted stock units.
--- Derivative Transactions ---
[Transaction #1]
Security: Employee Stock Option (Right to Buy)
Date: 2026-09-09 | Code: M (Exercise of derivative)
Shares: -30,000 | Price: $0.00
Exercise Price: $30.03
Exercisable: N/A | Expires: 2027-03-02
Shares Owned After: 31,400 | Ownership: D (Direct)
Footnotes:
[F3] The stock options will become exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.
--- Holdings ---
[Holding #1]
Security: Common Stock
Ownership: I (Indirect)
[Holding #2]
Security: Common Stock
Ownership: I (Indirect)
--- Footnotes (Complete Index) ---
F1: This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 24, 2026.
F2: The amount reported includes shares subject to unvested restricted stock units.
F3: The stock options will become exercisable in three equal installments on 03/02/2021, 03/02/2022, and 03/02/2023.
--- Signature ---
/s/ Marta Woods by Power of Attorney (2026-09-10)