Lam Research Director Bethany Mayer Sells $174K in Shares Under 10b5-1 Plan

Executive Summary

On November 2, 2026, Lam Research Corp ($LRCX) Director Bethany Mayer executed a scheduled sale of 719 shares of common stock at an average price of $242.59 per share, totaling approximately $174,422. The transaction was carried out pursuant to a pre-established Rule 10b5-1 trading plan.

Transaction Breakdown

• Date of Transaction: November 2, 2026
• Shares Sold: 719 shares
• Price per Share: $242.59
• Gross Proceeds: $174,422.21
• Filing Form Type: Form 4
• Trading Plan: Executed under a Rule 10b5-1 trading plan adopted on November 12, 2025.

Holdings Context

Following the transaction, Director Bethany Mayer directly retains 916 shares of common stock. Additionally, she holds 20,995 shares indirectly through a trust. The 719 shares sold represent approximately 3.3% of her combined holdings (21,911 shares retained post-sale).

Market & Governance Implications

Given that the sale represents a minor portion of the insider's total equity position and was executed pursuant to a pre-scheduled Rule 10b5-1 plan adopted nearly a year prior, this activity carries low trading significance and reflects routine liquidity management rather than a discretionary signal on company performance.