Lam Research (LRCX) CLO Ava Harter Withholds 5,790 Shares

What Happened
Ava Harter, Chief Legal Officer of Lam Research, had 5,790 shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units. The withholding is reported as a disposition at $307.42 per share, totaling $1,779,962. This was a tax-withholding event (routine), not an open-market sale.

Key Details

• Transaction date: 2026-08-05; filing date: 2026-08-06 (timely filing).
• Price reported: $307.42 per share; total value reported: $1,779,962.
• Shares withheld/disposed: 5,790 (transaction code F — tax withholding).
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnotes: F1 = shares automatically withheld upon RSU vesting to satisfy tax obligations; F2 = reported amount includes shares subject to unvested RSUs (affects reported beneficial ownership counts).

Context
This was a cashless/withholding tax event tied to RSU vesting — a common administrative step that reduces the number of shares delivered to the insider and does not necessarily indicate a decision to sell stock in the open market. For retail investors, such withholding transactions are routine and generally less informative about insider sentiment than open-market purchases or discretionary sales.