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LAM RESEARCH CORPORATION
ANNUAL REPORT ON FORM 10-K
FOR THE FISCAL YEAR ENDED JUNE 28, 2026
EXHIBIT INDEX
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| Exhibit | | | | | | Description | | |
| 3.1 | | | | | | Restated Certificate of Incorporation of Lam Research Corporation, dated November 4, 2025 which is incorporated by reference to Exhibit 3.2 to the Registrant’s Current Report on Form 8-K filed on November 6, 2025 (SEC File no. 000-12933). | | |
| 3.2 | | | | | | Bylaws of the Registrant, as amended and restated, dated May 20, 2025 which is incorporated by reference to Exhibit 3.1 to the Registrant’s Current Report on Form 8-K filed on May 21, 2025 (SEC File No. 000-12933). | | |
| 4.1 | | | | | | Indenture (including Form of Notes), dated as of February 13, 2015, between Registrant and The Bank of New York Mellon Trust Company, N.A. which is incorporated by reference to Exhibit 4.1 to the Registrant’s Registration Statement on Form S-3 filed on February 13, 2015 (SEC File No. 333-202110). | | |
| 4.2 | | | | | | Third Supplemental Indenture, dated as of March 4, 2019 by and between Lam Research Corporation and the Bank of New York Mellon Trust Company, N.A. as trustee which is incorporated by reference to Exhibit 4.2 to the Registrant’s Current Report on Form 8-K filed on March 4, 2019 (SEC File No. 000-12933). | | |
| 4.3 | | | | | | Fourth Supplemental Indenture, dated as of May 5, 2020 by and between Lam Research Corporation and the Bank of New York Mellon Trust Company, N.A. as trustee which is incorporated by reference to Exhibit 4.2 to the Registrant’s Current Report on Form 8-K filed on May 5, 2020 (SEC File No. 000-12933). | | |
| 4.4 | | | | | | Description of Common Stock. | | |
| 10.1* | | | | | | Form of Indemnification Agreement which is incorporated by reference to Exhibit 10.1 to the Registrant’s Quarterly Report on Form 10-Q filed on January 29, 2024 (SEC File No. 000-12933). | | |
| 10.2* | | | | | | Form of Confidentiality Agreement. | | |
| 10.3* | | | | | | Novellus Amended Executive Voluntary Deferred Compensation Plan, as amended which is incorporated by reference to Exhibit 10.28 to Novellus’ Quarterly Report on Form 10-Q filed on November 5, 2008 (SEC File No. 000-17157). | | |
| 10.4* | | | | | | Form of Option Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.247 to the Registrant’s Current Report on Form 8-K filed on November 5, 2015 (SEC File No. 000-12933). | | |
| 10.5 | | | | | | Form of Commercial Paper Dealer Agreement 4(a)(2) Program between Lam Research Corporation, as issuer, and the dealer which is incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on November 14, 2017 (SEC File No. 000-12933). | | |
| 10.6* | | | | | | Lam Research Corporation Elective Deferred Compensation Plan which is incorporated by reference to Exhibit 4.16 to the Registrant’s Annual Report on Form 10-K filed on August 19, 2011 (SEC File No. 000-12933). | | |
| 10.7 | | | | | | Lam Research Corporation 1999 Employee Stock Purchase Plan, as amended which is incorporated by reference to Exhibit 4.1 to the Registrant’s Form S-8 filed on April 30, 2019 (SEC File No. 333-231138). | | |
| 10.8* | | | | | | 2004 Executive Incentive Plan, as Amended and Restated which is incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on February 9, 2023 (SEC File No. 000-12933). | | |
| 10.9 | | | | | | 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 4.24 to the Registrant’s Current Report on Form 8-K filed on November 5, 2015 (SEC File No. 000-12933). | | |
| 10.10* | | | | | | Lam Research Corporation Elective Deferred Compensation Plan II, as amended and restated, which is incorporated by reference to Exhibit 10.1 to the Registrant’s Quarterly Report on Form 10-Q filed on October 24, 2025 (SEC File No. 000-12933). | | |
| 10.11* | | | | | | Executive Severance Policy, as amended and restated which is incorporated by reference to Exhibit 10.26 to the Registrant’s Annual Report on Form 10-K filed on August 29, 2024 (SEC File No. 000-12933). | | |
| 10.12* | | | | | | Executive Change in Control Policy, as amended and restated which is incorporated by reference to Exhibit 10.27 to the Registrant’s Annual Report on Form 10-K filed on August 29, 2024 (SEC File No 000-12933). | | |
| 10.13 | | | | | | Third Amended and Restated Credit Agreement dated January 27, 2025, among Lam Research Corporation, JPMorgan Chase Bank, N.A., as administrative agent, and the other agents and lenders listed therein, which is incorporated by reference to Exhibit 10.1 to the Registrant’s Current report on Form 8-K filed on January 29, 2025 (SEC File No. 000-12933). | | |
| 10.14* | | | | | | Form of Option Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.29 to the Registrant's Annual Report on Form 10-K filed on August 17, 2021 (SEC File No. 000-12933). | | |
| 10.15* | | | | | | Form of Market-Based Performance Restricted Stock Unit Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.31 to the Registrant's Annual Report on Form 10-K filed on August 17, 2021 (SEC File No. 000-12933). | | |
| 10.16* | | | | | | Form of Option Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.32 to the Registrant's Annual Report on Form 10-K filed on August 17, 2021 (SEC File No. 000-12933). | | |
| 10.17* | | | | | | Form of Option Award Agreement (International Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.33 to the Registrant's Annual Report on Form 10-K filed on August 17, 2021 (SEC File No. 000-12933). | | |
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| Exhibit | | | | | | Description | | |
| 10.18* | | | | | | Form of Market-Based Performance Restricted Stock Unit Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.36 to the Registrant's Annual Report on Form 10-K filed on August 17, 2021 (SEC File No. 000-12933). | | |
| 10.19* | | | | | | Form of Market-Based Performance Restricted Stock Unit Award Agreement (International Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.37 to the Registrant's Annual Report on Form 10-K filed on August 17, 2021 (SEC File No. 000-12933). | | |
| 10.20* | | | | | | Non-employee Director Compensation Program, as amended which is incorporated by reference to Exhibit 10.38 to the Registrant’s Annual Report on Form 10-K filed on August 29, 2024 (SEC File No. 000-12933). | | |
| 10.21* | | | | | | Form of Restricted Stock Unit Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q filed on January 30, 2023 (SEC File No. 000-12933). | | |
| 10.22* | | | | | | Form of Restricted Stock Unit Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q filed on April 29, 2024 (SEC File No. 000-12933). | | |
| 10.23* | | | | | | Form of Restricted Stock Unit Agreement (International Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.2 to the Registrant's Quarterly Report on Form 10-Q filed on April 29, 2024 (SEC File No. 000-12933). | | |
| 10.24* | | | | | | Form of Market-Based Performance Restricted Stock Unit Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.3 to the Registrant's Quarterly Report on Form 10-Q filed on April 29, 2024 (SEC File No. 000-12933). | | |
| 10.25* | | | | | | Form of Market-Based Performance Restricted Stock Unit Award Agreement (International Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.4 to the Registrant's Quarterly Report on Form 10-Q filed on April 29, 2024 (SEC File No. 000-12933). | | |
| 10.26* | | | | | | Form of Restricted Stock Unit Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.1 to the Registrant's Quarterly Report on Form 10-Q filed on April 25, 2025 (SEC File No. 000-12933). | | |
| 10.27* | | | | | | Form of Restricted Stock Unit Award Agreement (International Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.2 to the Registrant's Quarterly Report on Form 10-Q filed on April 25, 2025 (SEC File No. 000-12933). | | |
| 10.28* | | | | | | Form of Market-Based Performance Restricted Stock Unit Award Agreement (U.S. Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.3 to the Registrant's Quarterly Report on Form 10-Q filed on April 25, 2025 (SEC File No. 000-12933). | | |
| 10.29* | | | | | | Form of Market-Based Performance Restricted Stock Unit Award Agreement (International Participants) - 2015 Stock Incentive Plan which is incorporated by reference to Exhibit 10.4 to the Registrant's Quarterly Report on Form 10-Q filed on April 25, 2025 (SEC File No. 000-12933). | | |
| 10.30* | | | | | | Lam Research Corporation 2025 Stock Incentive Plan which is incorporated by reference to Exhibit 10.1 to the Registrant’s Current Report on Form 8-K filed on November 6, 2025 (SEC file No. 000-12933). | | |
| 10.31* | | | | | | Form of Restricted Stock Unit Agreement (Board of Directors) - 2025 Stock Incentive Plan which is incorporated by reference to Exhibit 10.2 to the Registrant’s Quarterly Report on Form 10-Q filed on January 29, 2026 (SEC File No. 000-12933). | | |
| 10.32* | | | | | | Form of Restricted Stock Unit Agreement - 2025 Stock Incentive Plan which is incorporated by reference to Exhibit 10.3 to the Registrant’s Quarterly Report on Form 10-Q filed on January 29, 2026 (SEC File No. 000-12933). | | |
| 10.33* | | | | | | Form of Market-based Performance Restricted Stock Unit Agreement - 2025 Stock Incentive Plan which is incorporated by reference to Exhibit 10.4 to the Registrant’s Quarterly Report on Form 10-Q filed on January 29, 2026 (SEC File No. 000-12933). | | |
| 19.1 | | | | | | Insider Trading Policy. | | |
| 21 | | | | | | Subsidiaries of the Registrant. | | |
| 23.1 | | | | | | Consent of Independent Registered Public Accounting Firm. | | |
| 23.2 | | | | | | Consent of Independent Registered Public Accounting Firm. | | |
| 24 | | | | | | Power of Attorney (See Signature page) | | |
| 31.1 | | | | | | Rule 13a — 14(a) / 15d — 14(a) Certification (Principal Executive Officer) | | |
| 31.2 | | | | | | Rule 13a — 14(a) / 15d — 14(a) Certification (Principal Financial Officer) | | |
| 32.1 | | | | | | Section 1350 Certification — (Principal Executive Officer) | | |
| 32.2 | | | | | | Section 1350 Certification — (Principal Financial Officer) | | |
| 97.1 | | | | | | Policy for the Recovery of Erroneously Awarded Compensation which is incorporated by reference to Exhibit 97.1 to the Registrant’s Annual Report on Form 10-K filed on August 29, 2024 (SEC File No. 000-12933). | | |
| 101.INS | | | | | | Inline XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document. | | |
| 101.SCH | | | | | | Inline XBRL Taxonomy Extension Schema Document | | |
| 101.CAL | | | | | | Inline XBRL Taxonomy Extension Calculation Linkbase Document | | |
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| Exhibit | | | | | | Description | | |
| 101.DEF | | | | | | Inline XBRL Taxonomy Extension Definition Linkbase Document | | |
| 101.LAB | | | | | | Inline XBRL Taxonomy Extension Label Linkbase Document | | |
| 101.PRE | | | | | | Inline XBRL Taxonomy Extension Presentation Linkbase Document | | |
| 104 | | | | | | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101) | | |
*Indicates management contract or compensatory plan or arrangement.
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SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.
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| Date: | | | August 7, 2026 | | | | | | LAM RESEARCH CORPORATION (Registrant) | | |
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| By: | | | | | | | | | /s/ Timothy M. Archer | | |
| Timothy M. Archer | | | | | | | | | | | |
| President and Chief Executive Officer | | | | | | | | | | | |
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POWER OF ATTORNEY AND SIGNATURES
By signing this Annual Report on Form 10-K below, I hereby appoint each of Timothy M. Archer and Douglas R. Bettinger, jointly and severally, as my attorney-in-fact to sign all amendments to this Form 10-K on my behalf and to file this Form 10-K (including all exhibits and other related documents) with the Securities and Exchange Commission. I authorize each of my attorneys-in-fact to (1) appoint a substitute attorney-in-fact for himself and (2) perform any actions that he believes are necessary or appropriate to carry out the intention and purpose of this Power of Attorney. I ratify and confirm all lawful actions taken directly or indirectly by my attorneys-in-fact and by any properly appointed substitute attorneys-in-fact.
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.
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| Signatures | | | | | | Title | | | | | | Date | | |
| Principal Executive Officer | | | | | | | | | | | | | | |
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| /s/ Timothy M. Archer | | | | | | President, Chief Executive Officer and Director | | | | | | August 7, 2026 | | |
| Timothy M. Archer | | | | | | | | | | | | | | |
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| Principal Financial Officer | | | | | | | | | | | | | | |
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| /s/ Douglas R. Bettinger | | | | | | Executive Vice President and Chief Financial Officer | | | | | | August 7, 2026 | | |
| Douglas R. Bettinger | | | | | | | | | | | | | | |
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| Principal Accounting Officer | | | | | | | | | | | | | | |
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| /s/ Christina C. Correia | | | | | | Group Vice President and Chief Accounting Officer | | | | | | August 7, 2026 | | |
| Christina C. Correia | | | | | | | | | | | | | | |
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| Other Directors | | | | | | | | | | | | | | | | | |
| Signatures | | | Title | | | Date | | | Signatures | | | Title | | | Date | | |
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| /s/ Abhijit Y. Talwalkar | | | Chairman | | | August 7, 2026 | | | /s/ John M. Dineen | | | Director | | | August 7, 2026 | | |
| Abhijit Y. Talwalkar | | | | | | | | | John M. Dineen | | | | | | | | |
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| /s/ Sohail U. Ahmed | | | Director | | | August 7, 2026 | | | /s/ Mark Fields | | | Director | | | August 7, 2026 | | |
| Sohail U. Ahmed | | | | | | | | | Mark Fields | | | | | | | | |
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| /s/ Eric K. Brandt | | | Director | | | August 7, 2026 | | | /s/ Ho Kyu Kang | | | Director | | | August 7, 2026 | | |
| Eric K. Brandt | | | | | | | | | Ho Kyu Kang | | | | | | | | |
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| /s/ Ita M. Brennan | | | Director | | | August 7, 2026 | | | /s/ Bethany J. Mayer | | | Director | | | August 7, 2026 | | |
| Ita M. Brennan | | | | | | | | | Bethany J. Mayer | | | | | | | | |
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| /s/ Michael R. Cannon | | | Director | | | August 7, 2026 | | | /s/ Jyoti K. Mehra | | | Director | | | August 7, 2026 | | |
| Michael R. Cannon | | | | | | | | | Jyoti K. Mehra | | | | | | | | |
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| /s/ Anirudh Devgan | | | Director | | | August 7, 2026 | | | | | | | | | | | |
| Anirudh Devgan | | | | | | | | | | | | | | | | | |
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