Form 4: Lattice Semiconductor CFO Sherri R. Luther Reports Stock Transactions

Sherri R. Luther, CFO of Lattice Semiconductor, reported multiple transactions involving common stock and restricted stock units (RSUs) between August 17 and August 19, 2024.

Summary

• Sherri R. Luther, the SVP and CFO of Lattice Semiconductor Corp, filed a Form 4 detailing changes in beneficial ownership.
• The reported transactions occurred between August 17 and August 19, 2024.
• These transactions involved the vesting of Restricted Stock Units (RSUs) and the subsequent withholding of shares by the issuer to cover tax obligations.
• Luther acquired shares through the vesting of RSUs and disposed of shares to cover tax liabilities.
• The price of the common stock at the time of the tax withholding was approximately $48.92 to $49.52.
• Following these transactions, Luther directly owns 110,973 shares of Lattice Semiconductor common stock and holds 1,782 Restricted Stock Units.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing simply reports routine stock transactions related to RSU vesting and tax obligations.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Comparison to Industry Standards

• Monitoring insider transactions is a standard practice in the semiconductor industry.
• Companies like AMD, Nvidia, and Intel also have executives who regularly report their stock transactions via Form 4 filings.
• The vesting schedules and tax withholding practices observed in this filing are typical for RSU grants in publicly traded companies.

Key Dates