Patrick J. Lord, executive vice president at Lam Research (LRCX), has filed 56 Form 4 transactions with the SEC, all involving a single company. The aggregate pattern is decisively one-sided: he has recorded approximately $6.74 million in open-market sales and zero open-market purchases. The selling activity is concentrated in a single day, March 11, 2024, when Lord executed 11 separate "S" transactions totaling roughly $2.97 million. Individual sale values ranged from about $15,954 to $740,720, with the largest single disposition occurring at $740,720 and several others exceeding $300,000.
Since that concentrated sell-off, Lord's trading activity has shifted entirely to non-discretionary events. The most recent cluster of filings, dated February 27, 2026, consists of four "F" transactions—shares withheld to cover tax obligations—with a combined value of approximately $9.35 million. These were preceded by zero-value "M" option exercises on February 3, 2026, and a series of "A" grants and "F" tax-withholding events in late February 2025. The 2025 "F" transactions totaled roughly $1.09 million. No open-market purchases have been recorded in the entire filing history, and the recent direction shows no discretionary buying or selling—only automatic compensation-related adjustments tied to equity awards and vesting schedules.
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