Form 4: Lattice Semiconductor Director Gifts Shares to Family Trust

Lattice Semiconductor Director David Jeffrey Richardson reported gifting 2,671 shares of common stock to a family trust, executed under a Rule 10b5-1 plan.

Summary

• David Jeffrey Richardson, a Director at Lattice Semiconductor Corp (LSCC), reported a change in beneficial ownership.
• On December 12, 2025, Richardson gifted 2,671 shares of common stock.
• These shares were disposed of directly by Richardson at a price of $0.
• Concurrently, 2,671 shares were acquired indirectly by a Family Trust, also at a price of $0.
• Following the transaction, Richardson directly owns 4,193 shares and indirectly owns 38,517 shares through the Family Trust.
• The transaction was made pursuant to a Rule 10b5-1(c) plan, indicating it was pre-arranged.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction (a gift) and does not inherently indicate positive or negative sentiment about the company's performance or future prospects. The use of a 10b5-1 plan suggests a pre-planned, non-discretionary transaction.

Positives

• The transaction was a gift, not a sale for cash, suggesting a long-term view of the shares within the family.
• The use of a Rule 10b5-1 plan indicates pre-planned and compliant insider transactions, enhancing transparency and reducing the risk of insider trading allegations.

Future Outlook

This Form 4 filing reports a past insider transaction and does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This filing is specific to an individual's stock transaction and does not provide broader industry context or trends for the semiconductor sector.

Comparison to Industry Standards

• Insider transaction reporting via Form 4 is a standard regulatory requirement for publicly traded companies in the U.S., ensuring transparency of executive and director stock movements.
• The use of a Rule 10b5-1 plan for such transactions is a common best practice among corporate insiders to manage personal stock sales or gifts in compliance with insider trading laws, aligning with governance standards across industries.

Corporate Governance

Related Party Transactions

• Gift of 2,671 shares of common stock by Director David Jeffrey Richardson to a Family Trust.

Stakeholder Impact

• Shareholders: Provides transparency regarding a director's beneficial ownership changes, but the small size and nature of the gift are unlikely to have a significant direct impact on share price or company valuation.
• Employees, Customers, Suppliers, Creditors: No direct impact from this insider transaction.

Key Dates

Keywords

Lattice Semiconductor, LSCC, Form 4, Insider Transaction, Director, Stock Gift, Beneficial Ownership, Rule 10b5-1, Equity