Director Anirudh Devgan filed a Form 4 with the SEC on November 9, 2026, disclosing an acquisition of 856 shares of Lam Research Corp common stock on November 6, 2026, at a price of $0 per share.

Key Highlights

  • Reporting person: Anirudh Devgan, identified as a Director of Lam Research Corp (NASDAQ:LRCX).
  • Transaction: 856 shares of common stock acquired (transaction code A) on November 6, 2026, at a price of $0.
  • Direct ownership following transaction: 1,997 shares beneficially owned directly, which the filing notes includes shares subject to unvested restricted stock units.
  • Indirect ownership: 312 shares held indirectly through a Trust, also reported following the transaction.
  • Filing signed: By Marta Woods under Power of Attorney, dated November 9, 2026.

Devgan's November 2026 Share Acquisition at Lam Research

According to the Form 4 filing, Anirudh Devgan, a director of Lam Research Corp, acquired 856 shares of the company's common stock on November 6, 2026. The transaction was coded "A" (acquired) and the reported price per share was $0, consistent with award-type acquisitions. The filing does not specify the precise nature of the award beyond the transaction code and price.

Following the reported transaction, the filing discloses that Devgan directly holds 1,997 shares of Lam Research common stock. The filing includes a footnote stating that "the amount reported includes shares subject to unvested restricted stock units." In addition to direct holdings, the filing reports 312 shares held indirectly through a Trust. No derivative securities transactions were reported in Table II of the filing.

The Form 4 was filed on November 9, 2026, with the date of the earliest transaction listed as November 6, 2026. The filing was signed by Marta Woods by Power of Attorney on November 9, 2026, and was submitted as a filing by one reporting person.

What Was Disclosed

The filing disclosed that Director Anirudh Devgan acquired 856 shares of Lam Research Corp common stock at $0 on November 6, 2026, bringing his direct beneficial ownership to 1,997 shares, which includes unvested restricted stock units, plus 312 shares held indirectly via a Trust.