CEO Tim Archer exercised and sold 30,000 Lam shares under a 10b5-1 plan
A Form 4 filed for the July 2, 2026 trades shows CEO Timothy Archer exercised 30,000 options with a $30.033 strike and sold the same 30,000 shares. The sale was made under a Rule 10b5-1 trading plan adopted February 24, 2026. After the transaction he held 1,075,966 shares directly, including unvested restricted stock units.
- 30,000 shares sold, matched by 30,000 options exercised at $30.033
- Trades made under a Rule 10b5-1 plan adopted February 24, 2026
- Direct holdings after the sale: 1,075,966 shares, including unvested RSUs
LRCX around the story · hourly24 h reaction ▲ 3.87%
Source
SEC EDGAR Form 4Jul 2, 2026