Form 4: Lattice Semiconductor CFO Sherri R. Luther Sells Shares Under 10b5-1 Plan

Sherri R. Luther, SVP and CFO of Lattice Semiconductor, sold 20,632 shares of common stock at an average price of $48.8893 under a pre-arranged 10b5-1 trading plan.

Summary

• On August 20, 2024, Sherri R. Luther, the SVP and CFO of Lattice Semiconductor Corp, sold 20,632 shares of common stock.
• The sale was executed at a weighted average price of $48.8893 per share, with individual prices ranging from $48.47 to $49.24.
• The transaction was conducted under a pre-approved 10b5-1 trading plan adopted on November 29, 2023.
• Following the transaction, Luther directly owns 90,341 shares of Lattice Semiconductor Corp.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive stock sale under a pre-arranged plan. It doesn't inherently indicate positive or negative sentiment.

Industry Context

Sales by company executives are a normal part of corporate governance. It is important to note that the sale was executed under a pre-arranged 10b5-1 trading plan, which allows company insiders to sell shares at predetermined times and prices to avoid accusations of insider trading.

Comparison to Industry Standards

• Executive stock sales are common across the semiconductor industry.
• Companies like AMD, Nvidia, and Intel also see regular stock transactions by their executives, often under similar 10b5-1 plans.
• The volume and frequency of these sales can vary based on individual financial planning and company performance.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, but the pre-arranged nature of the sale mitigates concerns about insider information being used.
• The sale does not directly impact employees, customers, suppliers, or creditors.

Key Dates