Form 4: Lattice Semiconductor CEO Ford Tamer Reports Acquisition of Common Stock

Ford Tamer, President & CEO of Lattice Semiconductor, reports the acquisition of common stock through restricted stock grants.

Summary

• Ford Tamer, the President and CEO of Lattice Semiconductor Corp, reported changes in beneficial ownership of the company's common stock.
• On September 16, 2024, Tamer acquired 37,159 shares of common stock, 109,293 shares of common stock, and 109,293 shares of common stock at $0 per share.
• These acquisitions increased Tamer's direct ownership to 255,745 shares.
• The shares were acquired through grants of restricted stock that vest over time.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing detailing stock transactions. The CEO increasing their stake is mildly positive, but it's part of a compensation package.

Positives

• The CEO's acquisition of shares, even through grants, can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the restricted stock implies a multi-year commitment from the CEO.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the semiconductor industry.

Comparison to Industry Standards

• Stock grants are a common form of compensation for executives in the semiconductor industry, used to align their interests with those of shareholders.
• Companies like AMD, Nvidia, and Intel also utilize restricted stock units (RSUs) as part of their executive compensation packages.
• The vesting schedules and grant sizes are typically benchmarked against peer companies to ensure competitiveness.

Key Dates