Varadarajan Seshasayee sold LRCX
March 18, 2024 · Form 4 insider transaction
Varadarajan Seshasayee sold 5,500 shares of Lam Research Corporation at $922.41 per share, a transaction worth $5.07M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 2 days after the transaction.
Direction
Disposed (sell-side)
Shares
5,500
Price
$922.41
Total value
$5.07M
InsiderVaradarajan Seshasayee
Role—
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateMarch 18, 2024
Filing dateMarch 20, 2024
Shares owned after22,095
OwnershipDirect
10b5-1 planYes
AmendedNo
Footnotes
This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 16, 2023.; The amount reported includes shares subject to unvested restricted stock units.