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LRCXLam Research · Insider ownership research

Lam Research insiders sold $177M in the past 12 months. How much of their stake is that?

About 20% overall. As a group they still hold 99.6% of their starting shares.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 271 of the 311 other companies we can measure (#41 of 312)See ranking
0
buyers among officers and directors, past 12 months
77%
of sales were under disclosed trading plans, past 12 months
9 of 20
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Sep 9, 2026Timothy Archer sold 30K shares ($9.6M) under a disclosed trading plan. That is 2.6% of the total stake held that day. 30K shares came in from vesting or option exercises the same day, so the holding rose by 0 net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Timothy Archer
President and CEO
30,000$319.262.6%1.13MSep 9, 2026Sep 10, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Sep 9, 2026Bethany Mayer sold 9.6K shares ($3.0M) with no plan disclosed. That is 30% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Bethany Mayer
Director
9,557$314.7430%23KSep 9, 2026Sep 10, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? In line with the past 5 years. 9 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Sep 10 for a sale on Sep 9. Timothy Archer sold 30K shares ($9.6M) under a disclosed plan. Filing
55 SEC ownership filings in the period · See the evidence

What stands out

Four insiders sold more than 25% of vested holdings: Eric Brandt (50% of holdings, $47.0M, 83% under a disclosed plan), Seshasayee Varadarajan (30% of holdings, $17.4M, all under a disclosed plan) and Ava Harter (43% of holdings, $5.7M, 26% under a disclosed plan), plus 1 more.Eric Brandt: largest sale, Feb 6, 2026 · Seshasayee Varadarajan: largest sale, Sep 2, 2026 · Ava Harter: largest sale, Apr 27, 2026
Douglas Bettinger (13% of holdings) sold $26.5M of stock with no disclosed trading plan. The filings don't state a reason.Largest such sale, Mar 4, 2026
Two officers sold shares but ended with larger stakes, because more shares came in than were sold: Timothy Archer (sold 253K, 24% of starting holdings; 527K added) and Douglas Bettinger (sold 130K, 13% of starting holdings; 234K added).Timothy Archer: largest sale, Dec 17, 2025 · Douglas Bettinger: largest sale, Mar 4, 2026

Percentages cover 19 of 20 officers and directors. Left out: Neil Fernandes (holdings couldn't be fully reconciled). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
Timothy Archer
President and CEO
Sold 24%, but 475K shares were added (mostly vesting), so the stake grew
24% · $57.0MDisclosed plan
Eric Brandt
Director
50% · $47.0M83% planned
Douglas Bettinger
Chief Financial Officer & EVP
Sold 13%, but 221K shares were added (mostly vesting), so the stake grew
13% · $26.5MNo plan disclosed
Seshasayee Varadarajan
Senior Vice President
Sold 30%, but 94K shares were added (mostly vesting), so the stake grew
30% · $17.4MDisclosed plan
Vahid Vahedi
Senior Vice President
17% · $7.2MDisclosed plan
All 9 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
Oct 2025: $7.2M under a disclosed planOct 2025: $1.4M no plan disclosedOctNov 2025: $212K under a disclosed planNov 2025: $6.0M no plan disclosedNovDec 2025: $26.8M under a disclosed planDecJanFeb 2026: $7.9M no plan disclosedFebMar 2026: $21.8M no plan disclosedMarApr 2026: $1.6M no plan disclosedAprMay 2026: $4.6M under a disclosed planMayJun 2026: $41.5M under a disclosed plan$41.5MJunJul 2026: $17.8M under a disclosed planJulAug 2026: $10.5M under a disclosed planAugSep 2026: $27.0M under a disclosed planSep 2026: $3.0M no plan disclosedSepOct

Common questions

Is the Lam Research CEO selling stock?

Yes. Timothy Archer sold 253K shares ($57.0M, 24% of starting holdings) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Lam Research insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 77% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 23% had no disclosed plan. A trading plan schedules sales in advance.

Are any Lam Research insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Lam Research insiders sell?

About 20% overall. As a group they still hold 99.6% of their starting shares. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold9 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Timothy Archer
President and CEO
$57.0M
253K shares
24%Disclosed plan
Eric Brandt
Director
$47.0M
144K shares
50%83% under a disclosed plan
Douglas Bettinger
Chief Financial Officer & EVP
$26.5M
130K shares
13%No plan disclosed
Seshasayee Varadarajan
Senior Vice President
$17.4M
60K shares
30%Disclosed plan
Vahid Vahedi
Senior Vice President
$7.2M
52K shares
17%Disclosed plan
Neil Fernandes
Senior Vice President
$7.0M
26K shares
i
No percentage: holdings couldn't be fully reconciled.
Disclosed plan
Abhijit Talwalkar
Director
$6.1M
18K shares
17%Disclosed plan
Ava Harter
Chief Legal Officer
$5.7M
26K shares
43%26% under a disclosed plan
Bethany Mayer
Director
$3.2M
11K shares
34%7% under a disclosed plan
The full ownership picture19 of 20 insiders fully reconciled · 20 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
Timothy Archer
i
Minor difference of 681 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
President and CEO
1.04M−253K1.13M+9.1%
Vesting, gifts, unvested awards and holding lines for Timothy Archer
+475Kshares vested or exercised
−7.1Kgifted (net of own trusts)
−172Kwithheld by the company for taxes
506K → 402Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock982,0751,075,966
401(k)Common Stock48,02648,026
Spouse 401(k)
includes unvested RSUs, amount not disclosed
Common Stock5,6705,670

Additional holdings last reported Apr 25, 2013, not confirmed since: 5,000 shares. Not included in any total or percentage on this page.

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
151,980$54.06Mar 1, 2029$40.3M
181,020$49.09Mar 1, 2030$48.9M
147,240$98.15Mar 1, 2031$32.6M
59,970$59.88Mar 1, 2028$15.6M
31,400$30.03Mar 2, 2027$9.1M
147,240$98.15Mar 1, 2031$32.6M

Estimate: options held × ($319.26 − strike price), using the most recent insider trade price on Form 4 (Sep 9, 2026), not a market close.

Reconciliation: minor difference of 681 shares. Difference is under 0.5% of holdings.

Douglas Bettinger
i
Minor difference of 334 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.
Chief Financial Officer & EVP
1.03M−130K1.08M+5.3%
Vesting, gifts, unvested awards and holding lines for Douglas Bettinger
+221Kshares vested or exercised
0gifted (net of own trusts)
−49Kwithheld by the company for taxes
141K → 109Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock1,026,9831,081,705

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
39,720$98.12Mar 1, 2031$8.8M
13,240$98.15Mar 1, 2031$2.9M

Estimate: options held × ($319.26 − strike price), using the most recent insider trade price on Form 4 (Sep 9, 2026), not a market close.

Reconciliation: minor difference of 334 shares. Difference is under 0.5% of holdings.

Vahid Vahedi
i
Minor difference of 334 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.
Senior Vice President
303K−52K277K91%
Vesting, gifts, unvested awards and holding lines for Vahid Vahedi
+50Kshares vested or exercised
0gifted (net of own trusts)
−33Kwithheld by the company for taxes
80K → 57Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock302,903276,896

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
20,880$54.06Mar 1, 2029$5.5M
27,150$49.09Mar 1, 2030$7.3M
17,460$98.15Mar 1, 2031$3.9M
12,270$59.88Mar 1, 2028$3.2M
17,460$98.15Mar 1, 2031$3.9M

Estimate: options held × ($319.26 − strike price), using the most recent insider trade price on Form 4 (Sep 9, 2026), not a market close.

Reconciliation: minor difference of 334 shares. Difference is under 0.5% of holdings.

Eric Brandt
i
Includes unvested RSUs, amount not disclosed.
Director
287K−144K145K50%
Vesting, gifts, unvested awards and holding lines for Eric Brandt
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock287,070144,705
Seshasayee Varadarajan
i
Minor difference of 682 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.
Senior Vice President
198K−60K208K+5.2%
Vesting, gifts, unvested awards and holding lines for Seshasayee Varadarajan
+94Kshares vested or exercised
0gifted (net of own trusts)
−37Kwithheld by the company for taxes
103K → 86Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock195,305205,546
401(k)Common Stock2,3672,367

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
20,880$54.06Mar 1, 2029$5.5M
29,400$49.09Mar 1, 2030$7.9M
23,880$98.15Mar 1, 2031$5.3M
23,880$98.15Mar 1, 2031$5.3M

Estimate: options held × ($319.26 − strike price), using the most recent insider trade price on Form 4 (Sep 9, 2026), not a market close.

Reconciliation: minor difference of 682 shares. Difference is under 0.5% of holdings.

Michael Cannon
i
Includes unvested RSUs, amount not disclosed.
Director
190K0191Kno sales
Vesting, gifts, unvested awards and holding lines for Michael Cannon
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock189,740191,375
Abhijit Talwalkar
i
Includes unvested RSUs, amount not disclosed.
Director
108K−18K87K80%
Vesting, gifts, unvested awards and holding lines for Abhijit Talwalkar
0shares vested or exercised
−4.6Kgifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock108,36087,142
Karthikeyan Rammohan
i
Includes unvested RSUs, amount not disclosed. Started reporting during the period; starting holdings are from the Form 3.
SVP, Global Ops & Ent Solns
99K099Kno sales
Vesting, gifts, unvested awards and holding lines for Karthikeyan Rammohan
0shares vested or exercised
0gifted (net of own trusts)
20K → 20Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock16,60016,600
TrustCommon Stock79,85679,856
401KCommon Stock2,5782,578
Patrick Lord
i
Minor difference of 334 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.
Executive Vice President
75K099Kno sales
Vesting, gifts, unvested awards and holding lines for Patrick Lord
+63Kshares vested or exercised
0gifted (net of own trusts)
−40Kwithheld by the company for taxes
115K → 72Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock75,12498,848

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
10,130$54.06Mar 1, 2029$2.7M
28,140$49.09Mar 1, 2030$7.6M
31,830$98.15Mar 1, 2031$7.0M
31,830$98.15Mar 1, 2031$7.0M

Estimate: options held × ($319.26 − strike price), using the most recent insider trade price on Form 4 (Sep 9, 2026), not a market close.

Reconciliation: minor difference of 334 shares. Difference is under 0.5% of holdings.

Neil Fernandes
!
Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +348 shares on May 1, 2026 (Direct). See the filing Sales and other transactions for Neil Fernandes are complete.
Senior Vice President
n/a−26Kn/an/a
Vesting, gifts, unvested awards and holding lines for Neil Fernandes
+22Kshares vested or exercised
0gifted (net of own trusts)
−17Kwithheld by the company for taxes
59K → 55Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.

Holdings couldn't be fully reconciled. Balance changed without a matching transaction, and the footnote does not state the amount: +348 shares on May 1, 2026 (Direct). The balances below are as reported, not verified totals.

Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock70,86458,470
401(k)Common Stock1,0151,015

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
11,760$49.09Mar 1, 2030$3.2M
16,410$98.15Mar 1, 2031$3.6M
16,410$98.15Mar 1, 2031$3.6M

Estimate: options held × ($319.26 − strike price), using the most recent insider trade price on Form 4 (Sep 9, 2026), not a market close.

Ava Harter
i
Minor difference of 47 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.
Chief Legal Officer
60K−26K42K71%
Vesting, gifts, unvested awards and holding lines for Ava Harter
+12Kshares vested or exercised
0gifted (net of own trusts)
−11Kwithheld by the company for taxes
46K → 54Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock59,78642,462

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
6,010$77.04Aug 5, 2031$1.5M

Estimate: options held × ($319.26 − strike price), using the most recent insider trade price on Form 4 (Sep 9, 2026), not a market close.

Reconciliation: minor difference of 47 shares. Difference is under 0.5% of holdings.

Christina Correia
i
Minor difference of 340 shares. Small increase from dividend reinvestment. Includes unvested RSUs, amount not disclosed. Small increase from dividend reinvestment.
CVP , Chief Accounting Officer
51K057Kno sales
Vesting, gifts, unvested awards and holding lines for Christina Correia
+9Kshares vested or exercised
0gifted (net of own trusts)
−20Kwithheld by the company for taxes
15K → 11Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Small increase from dividend reinvestment. Filing
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock51,25257,168

Reconciliation: minor difference of 340 shares. Small increase from dividend reinvestment.

Sohail Ahmed
i
Includes unvested RSUs, amount not disclosed.
Director
34K035Kno sales
Vesting, gifts, unvested awards and holding lines for Sohail Ahmed
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock2,9501,635
trustCommon Stock30,63033,580
Bethany Mayer
i
Includes unvested RSUs, amount not disclosed.
Director
32K−11K23K71%
Vesting, gifts, unvested awards and holding lines for Bethany Mayer
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock2,9501,635
TrustCommon Stock28,93020,995
Jyoti Mehra
i
Includes unvested RSUs, amount not disclosed.
Director
17K018Kno sales
Vesting, gifts, unvested awards and holding lines for Jyoti Mehra
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock16,84018,475
Ho Kang
i
Includes unvested RSUs, amount not disclosed.
Director
8.7K09.7Kno sales
Vesting, gifts, unvested awards and holding lines for Ho Kang
0shares vested or exercised
0gifted (net of own trusts)
−664withheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock8,6939,664
John Dineen
i
Includes unvested RSUs, amount not disclosed.
Director
7.5K09.1Kno sales
Vesting, gifts, unvested awards and holding lines for John Dineen
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock7,5009,135
Mark Fields
i
Includes unvested RSUs, amount not disclosed.
Director
4.2K05.9Kno sales
Vesting, gifts, unvested awards and holding lines for Mark Fields
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock3,6875,322
TrustCommon Stock560560
Ita Brennan
i
Includes unvested RSUs, amount not disclosed.
Director
3.7K05.3Kno sales
Vesting, gifts, unvested awards and holding lines for Ita Brennan
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock3,7075,342
Anirudh Devgan
i
Includes unvested RSUs, amount not disclosed. Started reporting during the period; starting holdings are from the Form 3.
Director
31201.5Kno sales
Vesting, gifts, unvested awards and holding lines for Anirudh Devgan
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock01,141
TrustCommon Stock312312

19 of 20 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (12 exactly, 7 with a minor or footnoted difference). For 1 we show sales but not holdings; the ! icon on that row explains why. Percentages cover 19 of 20 officers and directors. Left out: Neil Fernandes (holdings couldn't be fully reconciled). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$177M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $177M across 720,222 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($41.7M), including tax-related sales outside a plan.

No plan disclosed · $41.7M

Sales with no 10b5-1 plan and no tax reference in the filing. $26.5M of it is Douglas Bettinger. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Douglas Bettinger, Mar 4, 2026

Taxes

379,169 shares ($89.1M) were withheld by the company for taxes, which isn't a market sale.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Timothy Archer
President and CEO
253K$57.0M100%32%Dec 17, 2025 to Sep 9, 2026
Eric Brandt
Director
144K$47.0M83%27%Feb 6, 2026 to Jun 12, 2026
Douglas Bettinger
Chief Financial Officer & EVP
130K$26.5M0%15%Nov 14, 2025 to Mar 4, 2026
Seshasayee Varadarajan
Senior Vice President
60K$17.4M100%10%Sep 2, 2026 to Sep 2, 2026
Vahid Vahedi
Senior Vice President
52K$7.2M100%4%Oct 13, 2025 to Oct 13, 2025
Neil Fernandes
Senior Vice President
26K$7.0M100%4%May 1, 2026 to Jun 1, 2026
Abhijit Talwalkar
Director
18K$6.1M100%3%Jul 13, 2026 to Jul 13, 2026
Ava Harter
Chief Legal Officer
26K$5.7M26%3%Oct 27, 2025 to Aug 31, 2026
Bethany Mayer
Director
11K$3.2M7%2%Nov 3, 2025 to Sep 9, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$8.7M$7.2M$0$1.4M
Nov 2025$6.2M$212K$0$6.0M
Dec 2025$26.8M$26.8M$0$0
Jan 2026$0$0$0$0
Feb 2026$7.9M$0$0$7.9M
Mar 2026$21.8M$0$0$21.8M
Apr 2026$1.6M$0$0$1.6M
May 2026$4.6M$4.6M$0$0
Jun 2026$41.5M$41.5M$0$0
Jul 2026$17.8M$17.8M$0$0
Aug 2026$10.5M$10.5M$0$0
Sep 2026$30.0M$27.0M$0$3.0M
Oct 2026$0$0$0$0
Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 9 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
720K9$177M
Oct 8, 2025
1 year earlier
112K2$10.0M
Oct 8, 2024
2 years earlier
950K8$85.4M
Oct 9, 2023
3 years earlier
280K7$17.7M
Oct 9, 2022
4 years earlier
926K6$52.0M
Oct 9, 2021
5 years earlier
1.78M9$87.2M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty1 insider whose holdings couldn't be fully reconciled

Neil Fernandes: holdings couldn't be fully reconciled (difference of 682 shares). Balance changed without a matching transaction, and the footnote does not state the amount: +348 shares on May 1, 2026 (Direct). Filing, May 1, 2026

Footnote: "This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 17, 2025. | The amount reported includes shares subject to unvested restricted stock units."

Timothy Archer: minor difference of 681 shares. Difference is under 0.5% of holdings.

Douglas Bettinger: minor difference of 334 shares. Difference is under 0.5% of holdings.

Vahid Vahedi: minor difference of 334 shares. Difference is under 0.5% of holdings.

Seshasayee Varadarajan: minor difference of 682 shares. Difference is under 0.5% of holdings.

Patrick Lord: minor difference of 334 shares. Difference is under 0.5% of holdings.

Ava Harter: minor difference of 47 shares. Difference is under 0.5% of holdings.

Christina Correia: minor difference of 340 shares. Small increase from dividend reinvestment.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,156 filings from SEC EDGAR, and how we read them

All 1,156 Forms 3, 4 and 5 filed for Lam Research (SEC CIK 707549) from Jun 2, 2003 to Sep 10, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Probable 10-for-1 stock split on or before Oct 31, 2024 (first filing that shows post-split balances). Splits aren't reported as transactions; 17 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (36)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
George SchislerMay 6, 202475,398 shares, last reported balance as of May 3, 2024
Ava HahnJan 4, 202434,330 shares, last reported balance as of Jan 3, 2024
Lih TsaiNov 13, 202374,590 shares, last reported balance as of Nov 10, 2023
Leslie VaronNov 13, 202328,340 shares, last reported balance as of Nov 10, 2023
Richard GottschoMar 2, 2023303,980 shares, last reported balance as of Mar 1, 2023
Scott MeikleMar 2, 2023231,212 shares, last reported balance as of Mar 1, 2023
Catherine LegoApr 27, 2022499,910 shares, last reported balance as of Apr 26, 2022
Mansy ElAug 12, 2020378,020 shares, last reported balance as of Feb 6, 2020
Kevin JenningsJul 14, 202048,990 shares, last reported balance as of Jul 10, 2020
Sarah O'DowdDec 23, 2019320,840 shares, last reported balance as of Dec 19, 2019
Christine HeckartFeb 4, 2019155,400 shares, last reported balance as of Feb 1, 2019
Stephen NewberryNov 13, 201898,470 shares, last reported balance as of Nov 9, 2018
Martin AnsticeMay 23, 20181,292,590 shares, last reported balance as of May 22, 2018
Young KohNov 13, 201719,600 shares, last reported balance as of Nov 10, 2017
Krishna SaraswatNov 10, 2015238,960 shares, last reported balance as of Nov 6, 2015
Grant InmanNov 12, 2014876,380 shares, last reported balance as of Nov 7, 2014
William SpiveyNov 12, 2014600,160 shares, last reported balance as of Nov 7, 2014
Ernest MaddockMar 6, 2013553,650 shares, last reported balance as of Mar 4, 2013
Delbert WhitakerJun 6, 2012243,200 shares, last reported balance as of Jun 4, 2012
Masayuki MoritaApr 3, 2012229,900 shares, last reported balance as of Mar 30, 2012
Robert BerdahlFeb 7, 2012115,700 shares, last reported balance as of Feb 3, 2012
Kim PerdikouFeb 7, 201289,100 shares, last reported balance as of Feb 3, 2012
Mukund SrinivasanJan 9, 2012288,640 shares, last reported balance as of Jan 5, 2012
James BagleyMar 9, 20111,420,000 shares, last reported balance as of Mar 8, 2011
David ArscottFeb 2, 2011639,330 shares, last reported balance as of Jan 31, 2011
Thomas BondurDec 16, 2010353,406 shares, last reported balance as of Dec 14, 2010
Jeffrey MarksAug 27, 2010617,220 shares, last reported balance as of Aug 25, 2010
Richard Elkus Jr.Mar 15, 2010593,680 shares, last reported balance as of Mar 11, 2010
Patricia WolpertFeb 3, 2010244,980 shares, last reported balance as of Feb 1, 2010
Jack HarrisDec 3, 2009335,780 shares, last reported balance as of Dec 2, 2009
Abdi HaririMar 2, 2009186,160 shares, last reported balance as of Feb 26, 2009
Seiichi WatanabeFeb 3, 2009145,130 shares, last reported balance as of Feb 2, 2009
Stephen LanzaOct 8, 2008120,000 shares, last reported balance as of Sep 29, 2008
Nicolas BrightMay 5, 200613,920 shares, last reported balance as of May 3, 2006
Steven LindsayFeb 17, 200533,980 shares, last reported balance as of Feb 15, 2005
Mercedes JohnsonNov 13, 2003140,740 shares, last reported balance as of Nov 12, 2003