Form 4: Lattice Semi SVP Sells Shares for Tax Obligations

Lattice Semiconductor's SVP of Marketing & Strategy, Esam Elashmawi, disposed of 592 shares of common stock to cover tax withholding obligations related to restricted stock unit vesting.

Summary

• Esam Elashmawi, SVP Mktg & Strategy at Lattice Semiconductor Corp (LSCC), reported an insider transaction.
• On November 16, 2025, 592 shares of common stock were disposed of by the reporting person.
• The shares were sold at a price of $64.18 per share.
• This disposition was made to satisfy tax withholding obligations in connection with the vesting of an installment of restricted stock units.
• Following this transaction, Elashmawi beneficially owns 329,620 shares of common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes related to restricted stock unit vesting, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.

Positives

• Vesting of restricted stock units indicates continued employee compensation and retention, aligning executive incentives with shareholder value.

Negatives

• No direct negatives identified; the transaction is a routine tax-related disposition and does not reflect a change in company fundamentals.

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

This is a routine insider transaction (Form 4) for tax withholding purposes, common across all industries for executives receiving equity compensation. It does not provide specific insights into broader semiconductor industry trends or competitive landscape.

Comparison to Industry Standards

• This type of transaction, where shares are withheld by the issuer to cover tax obligations upon the vesting of restricted stock units, is a standard practice for executive compensation plans across publicly traded companies. It aligns with common corporate governance and compensation practices seen in technology companies like Intel, AMD, and Nvidia, where equity awards are a significant component of executive pay.

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• The disposition of shares to the issuer for tax withholding purposes is a standard component of equity compensation plans and is not typically considered an adverse related-party transaction.

Stakeholder Impact

• Shareholders: Minimal direct impact as it's a routine tax-related disposition of a small number of shares.
• Employees (Reporting Person): Represents the realization of equity compensation through restricted stock unit vesting.

Next Steps

• NA

Key Dates

Recommendation

This Form 4 filing details a routine disposition of shares by an executive to cover tax obligations upon the vesting of restricted stock units. Such transactions are administrative in nature and do not reflect a change in the company's fundamentals or the executive's confidence in the company. Therefore, it provides no basis for altering an existing investment thesis, warranting a 'hold' recommendation.

Keywords

Lattice Semiconductor, LSCC, Form 4, insider transaction, stock sale, tax withholding, restricted stock units, Esam Elashmawi