Form 8-K · Current report
Lam Research 8-K, filed Nov 5, 2026
- Filed
- CIK
- 0000707549
- Accession no.
- 0000707549-26-000057
Summary
Lam Research stockholders elected all 10 director nominees at the annual meeting held on November 3, 2026, approved the advisory executive compensation proposal, and ratified KPMG LLP as independent auditor for fiscal 2027, while rejecting a stockholder proposal on the right to call special meetings. Lam Research’s board approved a $25 billion share repurchase authorization and a quarterly dividend of $0.33 per share, with CFO Doug Bettinger saying the authorization reinforces the company’s capital allocation plan and commitment to returning significant value to stockholders.
Key points
- The annual meeting was held by webcast on Nov 3, 2026; all 10 director nominees were elected, and Abhijit Y. Talwalkar received 87.99% of votes cast for.
- The advisory vote on named executive officer compensation was approved with 93.12% of votes cast, and KPMG LLP's appointment as independent auditor for fiscal 2027 was ratified with 99.33%.
- A stockholder proposal titled "Attainable Shareholder Right to Call for a Special Shareholder Meeting" was not approved, receiving 42.22% of votes cast.
- The quarterly dividend of $0.33 per share is payable on Jan 6, 2027, to holders of record on Dec 2, 2026; the $25 billion repurchase authorization supplements remaining balances from prior authorization and has no termination date.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 5.07Submission of Matters to a Vote of Security Holders
- 8.01Other Events
- 9.01Financial Statements and Exhibits
From the filing
Item 5.07. Submission of Matters to a Vote of Security Holders 3 Item 8.01. Other Events 4 Item 9.01. Financial Statements and Exhibits 4 SIGNATURES 5 Table of Contents Item 5.07. Submission of Matters to a Vote of Security Holders The Annual Meeting of Stockholders of Lam Research Corporation (the "Company") was held by webcast on November 3, 2026. The results of voting on the following items were as set forth below: (a)The votes for the election of 10 directors to serve until the next annual meeting of stockholders and until their respective successors are elected and qualified were as follows: NOMINEE % OF VOTES CAST FOR FOR AGAINST ABSTAIN BROKER NON-VOTES Timothy M. …
An excerpt of the text as filed with the SEC, cut for length.
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