Form 4: Lattice Semi GC Sells Shares for Tax Obligations

Lattice Semiconductor's SVP and General Counsel, Tracy Ann Feanny, disposed of 1,779 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Tracy Ann Feanny, SVP, General Counsel of LATTICE SEMICONDUCTOR CORP (LSCC), reported a transaction on February 28, 2026.
• The transaction involved the disposition of 1,779 shares of Common Stock.
• The shares were disposed of at a price of $95.62 per share.
• The disposition was coded as 'F', indicating shares were retained by the Issuer to meet tax withholding obligations in connection with the vesting of restricted stock units.
• The amount of shares retained did not exceed the tax liability.
• Following this transaction, Tracy Ann Feanny beneficially owns 54,227 shares of Common Stock.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer, intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral. It reports a routine, non-discretionary transaction for tax purposes related to executive compensation, which has no material impact on the company's operations or financial health.

Future Outlook

The filing indicates a pre-planned transaction under a Rule 10b5-1 plan for a future date (February 28, 2026), suggesting a structured approach to managing executive compensation and tax obligations.

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

StockSavvy.ai notes that this type of transaction, where shares are sold or withheld to cover tax obligations upon the vesting of restricted stock units, is a common and routine event for executives in publicly traded companies. It reflects standard compensation practices and tax planning rather than a discretionary sale based on market sentiment.

Stakeholder Impact

• Shareholders: Minimal impact, as this is a routine, non-discretionary transaction for tax purposes and does not signal a change in management's confidence or company fundamentals.

Key Dates

Recommendation

This Form 4 filing details a routine, non-discretionary sale of shares by an executive to cover tax obligations upon RSU vesting, executed under a 10b5-1 plan. Such transactions are common and do not reflect a change in the company's fundamentals or the executive's outlook. Therefore, it provides no new information that would warrant a change in investment recommendation, maintaining a 'hold' stance based solely on this filing.

Keywords

Lattice Semiconductor, LSCC, Tracy Ann Feanny, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock Units, 10b5-1 Plan