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Lam Research logoLam Research LRCX

Lam Research said its stockholders approved the 2025 Stock Incentive Plan at its annual meeting on November 4, 2025. The proposal was approved with 902,381,442 votes in favor, or 93.79% of votes cast.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Lam Research said its stockholders approved the 2025 Stock Incentive Plan at its annual meeting on November 4, 2025. The proposal was approved with 902,381,442 votes in favor, or 93.79% of votes cast.

  2. Lam Research said the amendment to its Restated Certificate of Incorporation approved by stockholders took effect upon the filing of a Certificate of Amendment with the Secretary of State of Delaware on November 4, 2025. The amendment limits the liability of certain officers to the fullest extent permitted by Delaware law.

  3. Lam Research said all 11 director nominees were elected at its annual meeting on November 4, 2025. Votes in favor ranged from 80.80% for Michael R. Cannon to 99.88% for Ita M. Brennan.

  4. Lam Research said its say-on-pay advisory vote was approved with 90.83% of votes cast in favor, and KPMG LLP was approved as its independent auditor for fiscal 2026 with 99.35% in favor. A stockholder proposal on the ability of shareholders to call a special shareholder meeting was not approved, with 41.36% in favor.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

2025 Stock Incentive Plan Approved by Stockholders

Lam Research said its stockholders approved the 2025 Stock Incentive Plan at its annual meeting on November 4, 2025. The proposal was approved with 902,381,442 votes in favor, or 93.79% of votes cast.

Source · Based on the filing body and exhibits

Officer Liability Limit Amendment Takes Effect

Lam Research said the amendment to its Restated Certificate of Incorporation approved by stockholders took effect upon the filing of a Certificate of Amendment with the Secretary of State of Delaware on November 4, 2025. The amendment limits the liability of certain officers to the fullest extent permitted by Delaware law.

Source · Based on the filing body and exhibits

All 11 Director Nominees Elected

Lam Research said all 11 director nominees were elected at its annual meeting on November 4, 2025. Votes in favor ranged from 80.80% for Michael R. Cannon to 99.88% for Ita M. Brennan.

Source · Based on the filing body and exhibits

Say on Pay and Auditor Approved; Stockholder Proposal Fails

Lam Research said its say-on-pay advisory vote was approved with 90.83% of votes cast in favor, and KPMG LLP was approved as its independent auditor for fiscal 2026 with 99.35% in favor. A stockholder proposal on the ability of shareholders to call a special shareholder meeting was not approved, with 41.36% in favor.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.