DEVGAN ANIRUDH 4

What Happened
Anirudh Devgan, a director of Lam Research Corporation (LRCX), received an award/acquisition of 1,141 shares on 2026-02-06. The reported per-share price is $0.00 (total reported value $0), reflecting a compensatory grant rather than an open-market purchase. The filing notes these include shares subject to unvested restricted stock units (RSUs).

Key Details

• Transaction date and type: 2026-02-06 — Grant/Award (code A) of 1,141 shares at $0.00.
• Reported total value: $0 (reflects grant accounting; actual taxable/value timing tied to vesting).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: F1 — amount includes shares subject to unvested restricted stock units.
• Filing: Form 4 filed 2026-02-09 — appears timely (filed within required reporting window).

Context
This was a compensation grant (RSUs) that will generally vest over time per the company’s plan; such awards are routine for executives/directors and do not represent an open-market purchase or sale. For retail investors, RSU grants signal compensation alignment with shareholders but are not direct indications of immediate insider buying or selling.