CFO Sells Over $11 Million in Company Stock Following Option Exercise
LRCX has more than doubled off its 52-week low of $56.32 on light trading volume (0.4× avg).
Summary
Lam Research's CFO and EVP, Douglas R. Bettinger, sold over $11.2 million worth of company stock after exercising options.
Key Events · Ownership and Investor Activity · LRCX
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CFO Sells Over $11 Million in Stock
Douglas R. Bettinger, CFO and EVP, sold 50,057 shares of common stock in an open market transaction for a total value of $11,214,269.71 at an average price of $224.03 per share on March 4, 2026.
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Option Exercise Precedes Sale
Prior to the sale, Mr. Bettinger exercised employee stock options to acquire 77,750 shares of common stock for a total value of $5,116,038.28 on March 4, 2026.
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Significant Insider Disposition
This transaction represents a substantial personal disposition by a key executive, adding to the net insider distribution observed for Lam Research over the last 90 days.
Analysis · LRCX · Technology
Douglas R. Bettinger, the Chief Financial Officer and Executive Vice President of Lam Research, executed a significant open market sale of company stock totaling over $11.2 million. This transaction followed the exercise of employee stock options, a common practice for executives to monetize vested equity. While the sale represents a very small fraction of the company's substantial market capitalization, it is a considerable personal disposition by a key executive. Such sales are often monitored by investors for insights into insider sentiment, though they can also be driven by personal financial planning or diversification strategies. This sale contributes to a broader pattern of insider distribution observed over the past 90 days.
At the time of this filing, LRCX was trading at $209.47 on NASDAQ in the Technology sector, with a market capitalization of approximately $261.6B. The 52-week trading range was $56.32 to $256.68. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.