LRCX · Nasdaq

Lam Research

Semiconductor Materials & Equipment · Fremont, California · founded 1980

Board members
11
CEO
Timothy Archer
Insider buys, 12 mo
$0
Insider sales, 12 mo
$175.8M

Board of directors (11)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Abhijit Y. Talwalkar
Directorsince Nov 2016+2 S&P boards
Eric Brandt
Directorsince Nov 2016+1 S&P board
Michael R. Cannon
Directorsince Nov 2016+1 S&P board
Bethany Mayer
Directorsince May 2019+1 S&P board
Sohail U. Ahmed
Directorsince Jun 2019
Jyoti Mehra
Directorsince Nov 2021
Ho Kyu Kang
Directorsince Feb 2023
John M. Dineen
Directorsince Aug 2023+1 S&P board
Ita M. Brennan
Directorsince Sep 2024+1 S&P board
Mark Fields
Directorsince Sep 2024+1 S&P board
Anirudh Devgan
Directorsince Feb 2026+1 S&P board

Executive officers (9)

Timothy Archer
President and CEOsince 2016 or earlier
Douglas R. Bettinger
Chief Financial Officer & EVPsince 2016 or earlier
Patrick J. Lord
Executive Vice Presidentsince Dec 2016
Seshasayee Varadarajan
Senior Vice Presidentsince May 2017
Vahid Vahedi
Senior Vice Presidentsince May 2017
Christina Correia
CVP, Chief Accounting Officersince Mar 2023
Neil J. Fernandes
Senior Vice Presidentsince Mar 2023
Ava Harter
Chief Legal Officersince Jul 2024
Karthikeyan Rammohan
SVP, Global Ops & Ent Solnssince Mar 2026

Company facts

Chair
—
In S&P 500 since
Jun 2012
Incorporated in
DE
Fiscal year ends
June
SEC industry
Special Industry Machinery, NEC
SEC filings
EDGAR

Connections to other S&P 500 companies

Current directors and officers who also hold a role at another S&P 500 company.

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$175.8M
66 trades · 8 insiders
Net, 12 mo
-$175.8M
Data through
Nov 2, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Nov 2, 2026Bethany Mayer
Director
Sale719$242.59$174K
Oct 23, 2026Timothy Archer
President and CEO
Sale31,400$227.02$7.1M
Sep 9, 2026Bethany Mayer
Director
Sale9,557$314.74$3.0M
Sep 9, 2026Timothy Archer
President and CEO
Sale30,000$319.26$9.6M
Sep 2, 2026Seshasayee Varadarajan
Senior Vice President
Sale20,000$291.32$5.8M
Sep 2, 2026Seshasayee Varadarajan
Senior Vice President
Sale27,480$291.32$8.0M
Sep 2, 2026Seshasayee Varadarajan
Senior Vice President
Sale12,270$291.32$3.6M
Aug 31, 2026Ava Harter
Chief Legal Officer
Sale5,000$302.46$1.5M
Aug 6, 2026Timothy Archer
President and CEO
Sale30,000$300.00$9.0M
Jul 13, 2026Abhijit Y. Talwalkar
Director
Sale18,282$335.00$6.1M
Jul 2, 2026Timothy Archer
President and CEO
Sale30,000$390.01$11.7M
Jun 12, 2026Eric Brandt
Director
Sale1,100$357.98$394K
Jun 12, 2026Eric Brandt
Director
Sale1,393$357.24$498K
Jun 12, 2026Eric Brandt
Director
Sale300$355.71$107K
Jun 12, 2026Eric Brandt
Director
Sale8,233$371.17$3.1M
Jun 12, 2026Eric Brandt
Director
Sale7,700$372.23$2.9M
Jun 12, 2026Eric Brandt
Director
Sale4,198$369.16$1.5M
Jun 12, 2026Eric Brandt
Director
Sale3,828$359.08$1.4M
Jun 12, 2026Eric Brandt
Director
Sale5,037$370.27$1.9M
Jun 12, 2026Eric Brandt
Director
Sale1,600$373.09$597K
Jun 12, 2026Eric Brandt
Director
Sale4,030$368.03$1.5M
Jun 12, 2026Eric Brandt
Director
Sale5,803$367.01$2.1M
Jun 12, 2026Eric Brandt
Director
Sale1,200$365.16$438K
Jun 12, 2026Eric Brandt
Director
Sale2,300$364.41$838K
Jun 12, 2026Eric Brandt
Director
Sale2,345$363.33$852K

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Aug 27, 2026

    3 SIGNATURES 4 Table of Contents Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On August 24, 2026, Sohail U. Ahmed and Michael R. Cannon each notified the Board of Directors (the “Board”) of Lam Research Corporation (the “Company”) of their respective decisions to retire from the Board, effective November 2, 2026. The size of the Board will be reduced from 12 to 10 directors effective upon the retirement of Messrs. Ahmed and Cannon. The Board and the Company’s management express their sincere appreciation to Messrs. Ahmed and Cannon for their dedicated service and many significant contributions to the Company. Mr.

    Read the 8-K filing
  2. Feb 4, 2026

    On February 3, 2026, the Board of Directors (the “Board”) of Lam Research Corporation (the “Company”), pursuant to applicable provisions of the Company’s Amended and Restated Bylaws, appointed Anirudh Devgan, Ph.D., age 56, as a director of the Company, effective immediately. In connection with the director appointment, the size of the board was increased by one. On the same day, Dr. Devgan joined the Innovation and Technology Committee of the Board. Dr. Devgan has served as chief executive officer and as a member of the board of directors of Cadence Design Systems, Inc. (“Cadence”), a computational software company, since December 2021, and as president of Cadence since November 2017. Prior to becoming president of Cadence, he was executive vice president and general manager of the Digital & Signoff and System & Verification groups at Cadence. Prior to joining Cadence in 2012, Dr.

    Read the 8-K filing
  3. Feb 3, 2026

    On February 3, 2026, the Board of Directors (the “Board”) of Lam Research Corporation (the “Company”), pursuant to applicable provisions of the Company’s Amended and Restated Bylaws, appointed Anirudh Devgan, Ph.D., age 56, as a director of the Company, effective immediately. In connection with the director appointment, the size of the board was increased by one. On the same day, Dr. Devgan joined the Innovation and Technology Committee of the Board. Dr. Devgan has served as chief executive officer and as a member of the board of directors of Cadence Design Systems, Inc. (“Cadence”), a computational software company, since December 2021, and as president of Cadence since November 2017. Prior to becoming president of Cadence, he was executive vice president and general manager of the Digital & Signoff and System & Verification groups at Cadence. Prior to joining Cadence in 2012, Dr.

    Read the 8-K filing
  4. Nov 6, 2025

    3 Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year 3

    Read the 8-K filing
  5. Sep 18, 2024

    3 SIGNATURES 4 Table of Contents Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 13, 2024, Lih Shyng (Rick L.) Tsai, Ph.D. and Leslie F. Varon, members of the board of directors (the “Board”) of Lam Research Corporation (the “Company”), each notified the Company that they will conclude their service as members of the Board on November 4, 2024, prior to the Company’s 2024 annual meeting of stockholders. As a result, Dr. Tsai and Ms. Varon will not be standing for reelection at the annual meeting on November 5, 2024. The Board and the Company’s management express their sincere appreciation to Dr. Tsai and Ms. Varon for their dedicated service and many significant contributions to the Company. Table of Contents

    Read the 8-K filing
  6. Aug 30, 2024

    (d) Election of Directors On August 28, 2024, the Board of Directors (the “Board”) of Lam Research Corporation (the “Company”), pursuant to applicable provisions of the Company’s Amended and Restated Bylaws, appointed Ita M. Brennan, age 57, and Mark Fields, age 63, as directors of the Company, effective August 30, 2024. In connection with the director appointments, the size of the board was increased by two. On November 5, 2024, Ms. Brennan will join the Audit Committee of the Board, and Mr. Fields will join the Compensation and Human Resources Committee of the Board. Ms. Brennan is the former Senior Vice President, Chief Financial Officer of Arista Networks, Inc., a cloud networking solutions company, a position she held from May 2015 to February 2024. Over her career, Ms. Brennan has held several key finance roles.

    Read the 8-K filing
  7. Aug 24, 2023

    (d) Election of Directors On August 23, 2023, the Board of Directors (the “Board”) of Lam Research Corporation (the “Company”), pursuant to applicable provisions of the Company’s Amended and Restated Bylaws, appointed John M. Dineen, age 60, as director of the Company, effective August 24, 2023. Mr. Dineen’s appointment increased the size of the board to eleven members. Mr. Dineen will join the Audit Committee of the Board, effective November 7, 2023. Mr. Dineen served as an Operating Advisor at Clayton, Dubilier & Rice LLC, a private equity investment firm, from January 2015 to December 2022. Previously, he served in various senior leadership roles at General Electric Company (GE), a global digital industrial company, from 1986 to 2014, where he managed several key business divisions of GE.

    Read the 8-K filing
  8. Feb 21, 2023

    On February 21, 2023, Lam Research Corporation (the “Company”) announced that Patrick J. Lord, Ph.D. was appointed as the Company’s executive vice president and chief operating officer, effective March 1, 2023. Dr. Lord was previously the Company’s executive vice president of Customer Support Business Group (“CSBG”) and Global Operations. In addition, Christina (Tina) C. Correia was appointed as the Company’s chief accounting officer, effective March 1, 2023. Ms. Correia also serves as the Company’s corporate vice president of Corporate Finance and Investor Relations. Dr. Lord, age 57, has been the executive vice president of CSBG and Global Operations since September 2020. Dr. Lord was senior vice president and general manager of CSBG from December 2016 to September 2020. Prior to that, Dr.

    Read the 8-K filing
  9. Feb 9, 2023

    (d) Election of Directors On February 7, 2023, the Board of Directors (the “Board”) of Lam Research Corporation (the “Company”), pursuant to applicable provisions of the Company’s Amended and Restated Bylaws, appointed Ho Kyu Kang, age 61, as director of the Company, effective immediately. Dr. Kang’s appointment increased the size of the board to ten members. Dr. Kang has served as the Chair Professor in the Department of Systems Semiconductor Engineering at Yonsei University since March 2021. Prior to his current position, Dr. Kang served as Executive Vice President and Head of Research at the Semiconductor R&D Center of Samsung Electronics Co., Ltd., (“Samsung”), a manufacturer of consumer electronics, information technology and mobile communications products, and semiconductor devices, from 2017 to 2021.

    Read the 8-K filing
  10. Sep 19, 2022

    3 SIGNATURES 4 Table of Contents Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On September 14, 2022, Catherine P. Lego, a member of the board of directors (the “Board”) of Lam Research Corporation (the “Company”), notified the Company that she will be retiring from the Board. Ms. Lego’s retirement will be effective November 7, 2022, prior to the Company’s 2022 annual meeting of stockholders. Table of Contents

    Read the 8-K filing
  11. May 11, 2022

    3 Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year 3

    Read the 8-K filing
  12. Nov 16, 2021

    3 SIGNATURES 4 Table of Contents Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On November 9, 2021, the Board of Directors of the Company, pursuant to applicable provisions of the Company’s Amended and Restated Bylaws, appointed Jyoti K. Mehra as director of the Company, effective immediately. Ms. Mehra has served as the Executive Vice President of Human Resources of Gilead Sciences, Inc. (“Gilead”), a biopharmaceutical company, since July 2019. She previously served as Vice President of Human Resources of Gilead from October 2017 to July 2019.

    Read the 8-K filing
  13. Dec 28, 2020

    On December 22, 2020, the independent members of the Board of Directors of Lam Research Corporation (the “Company”) adopted an Executive Severance Policy (the “Severance Policy”) and an Executive Change in Control Policy (the “Change in Control Policy” and, together with the Severance Policy, the “Policies”), effective as of January 1, 2021. The Policies will replace the employment agreements with Timothy M. Archer, Douglas R. Bettinger, Richard A. Gottscho and Patrick J. Lord, as well as the change in control agreements with the Company’s senior vice presidents, which will expire on December 31, 2020. The following summaries of the terms of the Policies are qualified in their entirety by the respective texts of such Policies.

    Read the 8-K filing
  14. Sep 14, 2020

    3 SIGNATURES 4 Table of Contents Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 10, 2020, Youssef A. El-Mansy, a member of the board of directors (the “Board”) of Lam Research Corporation (the “Company”), notified the Company that he will be retiring from the Board, having reached the age at which he is not eligible to be nominated for re-election under the Company’s corporate governance guidelines. Dr. El-Mansy’s retirement will be effective November 1, 2020, prior to the Company’s 2020 annual meeting of stockholders. Table of Contents

    Read the 8-K filing
  15. Sep 8, 2020

    On September 8, 2020, the Company entered into an Employment Agreement with Patrick J. Lord (the “Lord Agreement”). The following summary of the terms of the Lord Agreement is qualified in its entirety by the text of such agreement. The Lord Agreement is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference. The Lord Agreement is effective September 8, 2020. The Lord Agreement replaces the Change in Control Agreement between the Company and Dr. Lord that was effective January 1, 2018. The Lord Agreement provides that Dr. Lord shall serve as an Executive Vice President of the Company for a term commencing on September 8, 2020 and ending on December 31, 2020, subject to the right of the Company or Dr. Lord, under certain circumstances, to terminate the agreement prior to such time.

    Read the 8-K filing
Show 14 older changes
  1. Aug 26, 2019

    3 SIGNATURES 4 Table of Contents Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 26, 2019, Stephen G. Newberry, a member of the board of directors (the “Board”) and the chairman of the Board of Lam Research Corporation (the “Company”) notified the Company that he is retiring from his positions with the Company effective as of the close of business on November 4, 2019. Following Mr. Newberry’s retirement, Abhijit Y. Talwalkar, who currently serves as the Company’s lead independent director, will become chairman of the Board (contingent on Mr. Talwalkar’s re-election as a director at the 2019 annual meeting of stockholders) and there will be no lead independent director position. In addition, on August 21, 2019, Christine A.

    Read the 8-K filing
  2. Aug 14, 2019

    On August 8, 2019, the Company entered into an amendment (the “Second Amendment”) to the employment agreement of Timothy M. Archer, the Company’s President and Chief Executive Officer (the “CEO”), which employment agreement was entered into effective January 1, 2018 (the “Original Agreement”), and first amended on March 16, 2018. The Second Amendment to the Original Agreement (the material terms of which are set forth in the Company’s Current Report on Form 8-K dated January 8, 2018 (the “2018 Form 8-K”)) reflects the following updated provisions in connection with the promotion of Mr.

    Read the 8-K filing
  3. Jun 3, 2019

    3 SIGNATURES 4 8-K 6-3-19 Appointment of New Director Page 2 of 4

    Read the 8-K filing
  4. May 13, 2019

    3 Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. 4

    Read the 8-K filing
  5. Dec 11, 2018

    This Amendment speaks as of the filing date of the Original Filing and corrects a disclosure contained in the Original Filing. Accordingly, this Amendment should be read in conjunction with the Original Filing.

    Read the 8-K filing
  6. Dec 6, 2018

    3 Item 7.01 Regulation FD Disclosure 3 Item 9.01. Financial Statements and Exhibits 3

    Read the 8-K filing
  7. Dec 3, 2018

    Document FORM 8-K Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): November 30, 2018 LAM RESEARCH CORPORATION (Exact name of registrant as specified in its charter) Delaware 0-12933 94-2634797 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification Number) 4650 Cushing Parkway Fremont, California 94538 (Address of principal executive offices including zip code) (510) 572-0200 (Registrant’s telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.

    Read the 8-K filing
  8. May 14, 2018

    Signatures Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (b) Resignation of Director On May 10, 2018, Young Bum (YB) Koh, Ph.D., a member of the board of directors of Lam Research Corporation (the “Company”), notified the Company that he is resigning from his position with the Company effective as of the close of business on May 14, 2018. Dr. Koh’s resignation is not due to any disagreements with the Company.

    Read the 8-K filing
  9. Jan 24, 2018

    (c) Appointment of New Officer On January 24, 2018, Lam Research Corporation (the “Company”) issued a press release regarding the promotion of Timothy M. Archer, the Company’s Executive Vice President and Chief Operating Officer, to the position of President and Chief Operating Officer of the Company effective January 24, 2018. Martin B. Anstice, the Company’s Chief Executive Officer and President, will continue to serve as the Company’s Chief Executive Officer. A copy of the press release is attached hereto as Exhibit 99.2 and is incorporated by reference herein. The employment agreement of Mr. Archer with the Company (the material terms of which are set forth in the Company’s Current Report dated January 2, 2018) will be amended to reflect his revised title. In conjunction with the Company’s annual compensation review process, the Company shall take into account Mr.

    Read the 8-K filing
  10. Jan 8, 2018

    (e) Entrance into Compensatory Arrangements with Officers On January 2, 2018, Lam Research Corporation (the “Company”) entered into Employment Agreements with Martin B. Anstice (the “Anstice Agreement”), Timothy M. Archer (the “Archer Agreement”), Douglas R. Bettinger (the “Bettinger Agreement”) and Richard A. Gottscho (the “Gottscho Agreement”) and, on January 2, 2018, the Company also entered into change in control agreements with Patrick J. Lord, Scott G. Meikle, Sarah A. O’Dowd, Vahid Vahedi and Sesha Varadarajan, each of which is substantially similar to the Company’s form of change in control agreement (the “Change in Control Agreement”). All of the agreements are effective as of January 1, 2018. The following summaries of the terms of the agreements are qualified in their entirety by the respective texts of such agreements.

    Read the 8-K filing
  11. May 23, 2017

    3 SIGNATURES 4 Table of Contents Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (b) Effective May 22, 2017, Richard A. Gottscho (formerly Executive Vice President, Global Products) assumed the position of Executive Vice President, Corporate Chief Technology Officer of Lam Research Corporation. Table of Contents

    Read the 8-K filing
  12. May 15, 2017

    3 SIGNATURES 4 Table of Contents Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (d) Appointment of New Director On May 10, 2017, the Board of Directors of the Company, pursuant to applicable provisions of the Company’s bylaws, appointed Young Bum Koh, Ph.D. as a director of the Company, effective as of May 10, 2017. Dr. Koh held many executive positions at Samsung Electronics Co., Ltd in South Korea.

    Read the 8-K filing
  13. Sep 12, 2016

    SIGNATURES Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (d) Appointment of New Director On September 7, 2016, the Board of Directors of the Company, pursuant to applicable provisions of the Company’s bylaws, appointed Lih-Shyng (Rick L.) Tsai, Ph.D. as a director of the Company, effective as of September 13, 2016. Dr. Tsai is the Chairman and CEO of Chunghwa Telecom Co., Ltd., a Taiwanese integrated telecommunications service provider. He also serves on the board of directors of NXP Semiconductors N.V., a secure connectivity solutions company for embedded applications. Prior to his position at Chunghwa Telecom, he concurrently served from August 2011 to January 2014 as Chairman and CEO of TSMC Solid State Lighting Ltd.

    Read the 8-K filing
  14. Sep 1, 2016

    SIGNATURES Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers (b) Resignation of Director On August 28, 2016, Krishna C. Saraswat, Ph.D., a member of the board of directors of Lam Research Corporation (the “Company”), notified the Company that he is resigning from his position with the Company effective as of the close of business on November 7, 2016.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$200.44+2744% since 2016 board/officer change filed
26.4919836920172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2026$23.2B$7.3B31.3%$5.76$23.5B
FY2025$18.4B$5.4B29.1%$4.15$21.3B
FY2024$14.9B$3.8B25.7%$2.90$18.7B
FY2023$17.4B$4.5B25.9%$3.32$18.8B
FY2022$17.2B$4.6B26.7%$32.75$17.2B
FY2021$14.6B$3.9B26.7%$26.90$15.9B
FY2020$10.0B$2.3B22.4%$15.10$14.6B
FY2019$9.7B$2.2B22.7%$13.70$12.0B

Former directors and officers (14)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
George M. Schisler
Chief Legal OfficerJan 2024 – May 2024
Ava Hahn
Chief Legal Officer & SVPJan 2020 – Jan 2024
Lih Shyng (rick) Tsai
DirectorSep 2016 – Nov 2023
Leslie F. Varon
DirectorMay 2019 – Nov 2023
Richard A. Gottscho
Executive Vice President & CTO2016 or earlier – Mar 2023
Scott Gerald Meikle
Senior Vice PresidentSep 2017 – Mar 2023
Catherine P. Lego
DirectorNov 2016 – Apr 2022
Mansy Youssef A. El
DirectorNov 2016 – Aug 2020
Kevin Jennings
Senior Vice PresidentMay 2018 – Jul 2020
Sarah A. O'Dowd
Chief Legal Officer & SVP2016 or earlier – Dec 2019
Christine Heckart
DirectorNov 2016 – Feb 2019
Stephen G. Newberry
DirectorNov 2016 – Nov 2018
Martin B. Anstice
Chief Executive Officer2016 or earlier – May 2018
Young Bum Koh
DirectorMay 2017 – Nov 2017
Lam Research (LRCX) board, executives and insiders | USBoard