Form 4: Lattice Semi SVP Reports Vesting, Share Transfer
Insider Transaction Report
Lattice Semiconductor's SVP of Marketing and Strategy, Esam Elashmawi, reported the vesting of restricted stock units, related tax withholdings, and a significant share transfer to a former spouse.
Summary
- Esam Elashmawi, SVP Mktg & Strategy at Lattice Semiconductor Corp (LSCC), reported multiple transactions involving common stock.
- On February 17, 2026, 11,936 shares of common stock were acquired upon the vesting of performance-based restricted stock units (PRSUs) granted on February 17, 2023, with no purchase price.
- On February 17, 2026, 438 shares and 6,074 shares of common stock were disposed of at $97.5 per share to cover tax withholding obligations related to the RSU vesting.
- On February 18, 2026, an additional 451 shares of common stock were disposed of at $97.23 per share for tax withholding.
- On February 18, 2026, 117,694 shares of common stock were transferred to a former spouse, with the reporting person no longer beneficially owning these securities.
- Following these transactions, Esam Elashmawi directly beneficially owns 203,506 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. While the vesting of PRSUs is a positive indicator of performance criteria being met, the significant disposition of shares is due to a personal event (divorce) rather than a market-driven sale, balancing the overall sentiment.
Positives
- The vesting of 11,936 performance-based restricted stock units indicates that performance criteria were met, aligning executive incentives with company success.
Negatives
- A significant disposition of 117,694 shares of common stock occurred due to a transfer to a former spouse, reducing the reporting person's direct beneficial ownership.
- A total of 6,963 shares were disposed of across three transactions (438, 6,074, and 451 shares) to satisfy tax withholding obligations related to RSU vesting.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and typically do not provide broader industry context. These transactions reflect individual executive compensation and personal financial planning rather than company-wide strategic shifts or industry trends in the semiconductor sector.
Stakeholder Impact
- Shareholders: The net reduction in beneficial ownership by a key executive, even for personal reasons, could be viewed with slight caution, though the vesting demonstrates continued alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| 02/17/2023 | Grant date of performance-based restricted stock units (PRSUs) to the Reporting Person. |
| 02/17/2026 | Vesting date of PRSUs and related tax withholding transactions; acquisition of 11,936 shares and disposition of 438 and 6,074 shares for tax. |
| 02/18/2026 | Disposition of 451 shares for tax withholding and transfer of 117,694 shares to a former spouse. |
| 02/19/2026 | Date the Statement of Changes in Beneficial Ownership (Form 4) was signed. |
Keywords
Lattice Semiconductor, LSCC, Form 4, Insider Trading, Restricted Stock Units, RSU Vesting, Stock Transfer, Executive Compensation, Esam Elashmawi
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