LRCX CEO Timothy Archer Sells $7.13M in Lam Research Stock at $227.02 Average Price
· The NYC Memo
Lam Research Corp President and CEO Timothy Archer sold 31,400 common shares on Oct. 23, 2026, for total proceeds of approximately $7.13 million at a price of $227.02 per share. The sale followed Archer exercising options to acquire 31,400 shares at $30.033 per share on the same day without the use of a Rule 10b5-1 trading plan.
Following the transaction, Archer held 1,075,966 shares of company common stock.