Lam Research CEO Timothy Archer exercises options, sells 31,400 shares for about $7.1 million

Lam Research President and CEO Timothy Archer exercised stock options and sold 31,400 shares on Oct. 23, a sale worth about $7.1 million, according to a Form 4 filing made Monday.

Archer bought the 31,400 shares by exercising employee stock options at $30.03 apiece, then sold the same number of shares at $227.02 each, the filing shows. The options were set to expire on March 2, 2027.

The trades were prearranged. According to the Form 4, they were made under a Rule 10b5-1 trading plan Archer adopted on Feb. 24, 2026. Such plans let executives schedule trades in advance.

Holdings after the trade

Archer directly held 1,075,966 Lam Research shares after the sale, a figure that includes shares subject to unvested restricted stock units, according to the filing.

He also reported about 48,026 shares held through his 401(k) and about 5,670 shares held through his spouse's 401(k).

By the numbers

• Options exercised: 31,400 at $30.03 a share
• Shares sold: 31,400 at $227.02 a share
• Approximate sale value: $7.1 million
• Direct holdings after the sale: 1,075,966
• Trading plan adopted: Feb. 24, 2026

Sources

1. Lam Research Corporation, Form 4 for Timothy Archer, filed Oct. 26, 2026 (accession 0001343600-26-000015)

This article is for informational and educational purposes only and is not investment advice. It is not a recommendation to buy or sell any security.

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