BRANDT ERIC 4

What Happened
Eric Brandt, a director of Lam Research Corporation (LRCX), sold a total of 35,000 shares in two open-market transactions on February 6, 2026. He sold 17,000 shares at $220.95 for $3,756,150 and 18,000 shares at $230.00 for $4,140,000, totaling approximately $7,896,150. These were sales (S) reported on a Form 4 filing.

Key Details

• Transaction date: 2026-02-06 (filed on 2026-02-09; Accession No. 0001190639-26-000002)
• Trades: 17,000 shares @ $220.95 = $3,756,150; 18,000 shares @ $230.00 = $4,140,000; total 35,000 shares, ~$7.896M proceeds
• Transaction type: Open-market sales (code S)
• Shares owned after transaction: Not specified in the provided summary—see the Form 4 for "Owned following report" values
• Footnote: F1 — the reported amount includes shares subject to unvested restricted stock units (RSUs)
• Filing timeliness: Filing date is Feb 9, 2026 for trades on Feb 6, 2026; no late-filing flag provided in the supplied data

Context
Sales by directors are common and can be for many reasons (diversification, tax planning, personal needs); they do not by themselves indicate a change in company fundamentals. Purchases typically carry more weight as a bullish signal for retail investors. The footnote about unvested RSUs means some of the reported shares relate to restricted awards; check the full Form 4 for details on vesting and exact beneficial ownership.