Independent
Tenure on this board
7.1 yrs
Meeting calendar
LRCX · Annual meeting · Tuesday, November 4, 2025
Lam Research Corp
11 nominees · 6 ballot items.
Election of 11 directors; advisory Say-on-Pay; approval of Lam 2025 Stock Incentive Plan; ratification of KPMG as independent public accounting firm for fiscal year 2026; approval of an amendment to the Restated Certificate of Incorporation to limit the liability of certain officers; and a stockholder proposal to lower the threshold to call a special stockholder meeting.
Market cap
$489.3B
1Y TSR
+304.2%
Board grade
B+
Record date
Sep 5, 2025
Filing
DEF 14A
Meeting concluded · Nov 4, 2025
Follow how the vote landed and what changed on Lam Research Corp’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot6
- 1
Election of 11 directors to serve until the next annual meeting of stockholders, and until their respective successors are elected and qualified
ManagementBoard: FORVote on the election of eleven director nominees named by the Board to serve on the Lam Research Board.
- 2
Advisory Vote to Approve Our Named Executive Officer Compensation
ManagementBoard: FORAdvisory (non-binding) vote on the compensation of Lam’s named executive officers as disclosed in this proxy statement.
- 3
Approval of the Adoption of the Lam 2025 Stock Incentive Plan
ManagementBoard: FORApprove the Lam 2025 Stock Incentive Plan to replace the 2015 Plan and authorize incentive awards (options, RSUs, PRSUs, SARs, and other awards) to officers, employees, directors, and consultants.
- 4
Ratification of the Appointment of KPMG LLP as our Independent Registered Public Accounting Firm for Fiscal Year 2026
ManagementBoard: FORRatify KPMG LLP as Lam’s independent registered public accounting firm for fiscal year 2026 (following change in auditor from EY).
- 5
Approval of an Amendment to the Company’s Restated Certificate of Incorporation to Limit the Liability of Certain Officers as Permitted by Delaware Law
ManagementBoard: FORAmend the Restated Certificate of Incorporation to provide exculpation for certain officers to the extent permitted by Delaware law.
- 6
Stockholder Proposal — Realistic Shareholder Ability to Call for a Special Shareholder Meeting
Shareholder — John CheveddenBoard: AGAINSTAmend governing documents to allow holders of 10% (or the lowest percentage allowed by Delaware law) of outstanding shares to call a special shareholder meeting and remove the one-year holding period; current bylaw threshold is 20% with a one-year hold.
Director elections
Nominees on the ballot11
Not independent
Tenure on this board
7.6 yrs
Also a director at
Johnson Controls International PLC (JCI)
Independent
Tenure on this board
15.8 yrs
Also a director at
Gen Digital Inc (GEN)Option Care Health Inc (OPCH)Nutanix Inc (NTNX)
Independent
Tenure on this board
1.8 yrs
Also a director at
Cadence Design Systems Inc (CDNS)Planet Labs Pbc (PL)
Independent
Tenure on this board
15.4 yrs
Also a director at
Seagate Technology Holdings PLC (STX)
Independent
Tenure on this board
2.9 yrs
Also a director at
Cognizant Technology Solutions Corp (CTSH)
Independent
Tenure on this board
1.8 yrs
Also a director at
Qualcomm Inc (QCOM)
Independent
Tenure on this board
3.4 yrs
Independent
Tenure on this board
7.2 yrs
Also a director at
Box Inc (BOX)Hewlett Packard Enterprise Co (HPE)Astera Labs Inc (ALAB)
Independent
Tenure on this board
4.6 yrs
Independent
Tenure on this board
15.4 yrs
Also a director at
Irhythm Holdings Inc (IRTC)Te Connectivity PLC (TEL)Advanced Micro Devices Inc (AMD)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | VANGUARD CAPITAL MANAGEMENT LLC | 6.5% | 81,155,744 | $17.3B |
| 2 | STATE STREET CORP | 4.7% | 59,158,300 | $12.7B |
| 3 | BlackRock, Inc. | 4.4% | 55,635,887 | $11.9B |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 3.0% | 37,060,963 | $7.9B |
| 5 | GEODE CAPITAL MANAGEMENT, LLC | 2.5% | 31,278,209 | $6.7B |
| 6 | BlackRock, Inc. | 2.1% | 26,744,539 | $5.7B |
| 7 | FMR LLC | 1.8% | 22,657,827 | $4.8B |
| 8 | JPMORGAN CHASE CO | 1.7% | 21,006,531 | $4.2B |
| 9 | AMERIPRISE FINANCIAL INC | 1.5% | 18,863,995 | $4.0B |
| 10 | BlackRock, Inc. | 1.2% | 15,108,775 | $3.2B |
Peers
Nearest market capOther Technology sector meetings6
Upcoming shareholder meetings at Lam Research Corp’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Flex LtdFLEX
Annual meeting·Aug 5, 2026·$59.4B
Samsara IncIOT
Annual meeting·Jul 22, 2026·$18.9B
Allegro Microsystems IncALGM
Annual meeting·Aug 5, 2026·$13.0B
Qorvo IncQRVO
Annual meeting·Aug 11, 2026·$8.2B
Cirrus Logic IncCRUS
Annual meeting·Jul 31, 2026·$7.5B
Commvault Systems IncCVLT
Annual meeting·Aug 6, 2026·$5.8B
Reference
Frequently asked questions
- When is the Lam Research Corp 2025 annual meeting?
- Lam Research Corp (LRCX) holds its 2025 annual shareholder meeting on Tuesday, November 4, 2025.
- What is the record date for the Lam Research Corp 2025 meeting?
- The record date for the Lam Research Corp 2025 meeting is Friday, September 5, 2025. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Lam Research Corp's 2025 meeting?
- The board is presenting 11 director nominees at the Lam Research Corp 2025 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Lam Research Corp 2025 meeting?
- Shareholders will vote on 6 proposals at the Lam Research Corp 2025 meeting, each tagged with who proposed it and the board's recommendation.
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