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

Sherri R. Luther, CFO of Lattice Semiconductor, executed sales of common stock on February 27, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 27, 2024, Sherri R. Luther, the SVP and CFO of Lattice Semiconductor Corp (LSCC), sold shares of the company's common stock.
• The sales were executed under a pre-arranged 10b5-1 trading plan adopted on June 1, 2023.
• A total of 15,756 shares were sold at a weighted average price of $74.57, and 7,250 shares were sold at a weighted average price of $75.23.
• Following these transactions, Luther directly owns 124,116 shares of Lattice Semiconductor common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing related to stock sales under a pre-arranged plan, so it has a neutral sentiment.

Industry Context

Executive stock sales are a common occurrence, and sales under a 10b5-1 plan are generally viewed as less impactful since they are pre-planned. Investors often monitor insider transactions for signals about a company's prospects, but pre-scheduled sales are less informative.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, but the pre-planned nature of the transaction mitigates concerns.

Key Dates