Form 4 | LAM RESEARCH Senior Vice President Varadarajan Seshasayee sold a total of 59,750 common shares under a Rule 10b5-1 plan
Filings Track
Sep 04
According to the latest Form 4 filing, LAM RESEARCH CORP (LRCX) Senior Vice President Varadarajan Seshasayee executed multiple transactions on September 2, 2026 under a Rule 10b5-1 trading plan adopted on May 4, 2026. He exercised stock options (code M) for 12,270 shares at an exercise price of $59.881 and 27,480 shares at $30.033, acquiring a total of 39,750 common shares. On the same day, he sold three tranches of common stock (20,000, 12,270 and 27,480 shares, code S) at around $291.32 per share, for an aggregate sale of 59,750 shares. Following these transactions, he directly holds approximately 205,546 shares (including unvested restricted stock units) and indirectly holds about 2,366.911 shares via a 401(k) plan. While this is a sizable monetization and can be viewed as a mildly bearish signal in the short term, the fact that it was conducted under a pre-established 10b5-1 plan tends to limit negative sentiment.
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