Insider Sale by Varadarajan Seshasayee (Senior Vice President)
Trade Summary
Yesterday, Varadarajan Seshasayee, serving as Senior Vice President at LAM RESEARCH CORP (LRCX), sold 59,750 shares at $291.32 per share, for a total transaction value of $17,406,370.00. Following this transaction, Varadarajan Seshasayee now holds 205,546 shares of LRCX.
This sale represents a 22.52% decrease in Varadarajan Seshasayee's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, September 2, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, September 3, 2026 at 3:06 PM ET, 1 day after the trade was made.
LAM RESEARCH CORP operates in the TECHNOLOGY sector, specifically within the SEMICONDUCTOR EQUIPMENT & MATERIALS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$291.32
Quantity
59,750
Total Value
$17,406,370.00
Shares Owned
205,546
Trade Date
1 days ago
SEC Filing Date
at 3:06 PM ET
Filed 1 day after trade
Discussion