Form 4: Lattice Semi GC Covers Taxes on RSU Vesting

Lattice Semiconductor's SVP, General Counsel, Tracy Ann Feanny, disposed of shares to cover tax obligations related to restricted stock unit vesting.

Summary

• Tracy Ann Feanny, SVP, General Counsel of Lattice Semiconductor Corp (LSCC), reported transactions involving common stock.
• On November 17, 2025, 269 shares of common stock were disposed of at a price of $61.73 per share.
• On November 18, 2025, an additional 85 shares of common stock were disposed of at a price of $64.70 per share.
• These dispositions were made to meet tax withholding obligations in connection with the vesting of restricted stock units.
• The amount of shares retained by the Issuer for tax purposes did not exceed the tax liability.
• Following these transactions, Tracy Ann Feanny beneficially owned 78,541 shares of common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes related to executive compensation, which is a neutral event from a market sentiment perspective.

Positives

• The transactions indicate the vesting of restricted stock units, which is a common form of executive compensation and a positive for the executive.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• Shares were retained by the Issuer to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of restricted stock units.
• The amount retained by the Issuer was not in excess of the amount of the tax liability.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with equity compensation plans. It does not provide specific insights into broader industry trends or competitive positioning.

Comparison to Industry Standards

• The practice of disposing of shares to cover tax withholding obligations upon the vesting of restricted stock units is a standard and widely accepted method of managing equity compensation in public companies across various sectors, including the semiconductor industry.
• This transaction aligns with typical corporate governance and compensation practices seen in companies comparable to Lattice Semiconductor, such as Xilinx (now AMD), Altera (now Intel), or Microchip Technology, where executives receive equity awards that vest over time.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine transaction for tax purposes and involves a small number of shares relative to the company's total outstanding shares.
• Employees (specifically the reporting person): Positive impact, as it reflects the vesting of equity compensation.

Key Dates

Keywords

Lattice Semiconductor, LSCC, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Executive Compensation, Tracy Ann Feanny