Form 4: Lattice Semiconductor Director Mark Jensen Reports Stock Transactions
SEC Form 4 Filing
Director Mark Jensen reports the vesting of Restricted Stock Units (RSUs) and disposition of shares to cover taxes.
Summary
- On May 8, 2024, Mark Edwin Jensen, a director of Lattice Semiconductor Corp, reported transactions involving the company's common stock.
- Jensen acquired 2,246 shares of common stock through the vesting of Restricted Stock Units (RSUs) at no cost.
- Simultaneously, Jensen disposed of 2,246 shares to satisfy tax obligations related to the RSU vesting.
- Following these transactions, Jensen directly owns 2,671 derivative securities and indirectly owns 63,197 shares through Genesis Property, LLC.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The vesting of RSUs indicates a form of compensation and alignment of the director's interests with the company's performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, such as directors and officers. These filings help investors understand the buying and selling activity of those with privileged information about the company.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine activity by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/08/2024 | Date of the reported transactions (RSU vesting and share disposition). |
| 05/09/2024 | Date of signature for the Form 4 filing. |
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