Ava Harter, Chief Legal Officer of Lam Research Corp (NASDAQ:LRCX), filed a Form 4 on September 1, 2026, disclosing the sale of 5,000 shares of common stock on August 31, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: Ava Harter, Chief Legal Officer of Lam Research Corp
  • Transaction: 5,000 shares of common stock disposed of (transaction code S) on August 31, 2026
  • Sale price: $302.46 per share
  • Post-transaction ownership: 42,462.455 shares beneficially owned directly, including shares subject to unvested restricted stock units
  • Trading plan: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Harter on April 28, 2026
  • Filing signed: By Marta Woods via Power of Attorney on September 1, 2026

Lam Research CLO Disposes of Common Stock at $302.46 Per Share

According to the Form 4 filed with the SEC, Ava Harter, who serves as Chief Legal Officer of Lam Research Corp, sold 5,000 shares of the company's common stock on August 31, 2026, at a price of $302.46 per share. The filing indicates the transaction was effected pursuant to a Rule 10b5-1 trading plan that Harter adopted on April 28, 2026. The form also confirms that a box was checked indicating the transaction was made under a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Following the reported transaction, the filing states that Harter directly and beneficially owns 42,462.455 shares of Lam Research common stock. The filing notes that this figure includes shares subject to unvested restricted stock units. No derivative securities transactions were reported in Table II of the form.

The Form 4 was signed by Marta Woods acting under Power of Attorney on September 1, 2026, the same date the filing was submitted. No amendment to a prior Form 4 was indicated, and the form was filed by one reporting person.

What Was Disclosed

The filing discloses a single open-market sale of 5,000 Lam Research common shares by Chief Legal Officer Ava Harter on August 31, 2026, at $302.46 per share, carried out under a Rule 10b5-1 plan adopted April 28, 2026, leaving her with 42,462.455 shares directly owned.