Form 4: Lattice Semiconductor Executive Esam Elashmawi Reports Stock Transactions
SEC Form 4 Filing
Esam Elashmawi, SVP of Marketing & Strategy at Lattice Semiconductor, reports the vesting of restricted stock units and subsequent tax withholding.
Summary
- On January 31, 2025, Esam Elashmawi, SVP of Marketing & Strategy at Lattice Semiconductor Corp, reported transactions involving common stock and Performance Restricted Stock Units (PRSUs).
- 14,588 shares of common stock were acquired through the vesting of PRSUs.
- 6,151 shares were disposed of to cover tax withholding obligations related to the vesting of the restricted stock units at a price of $57.02 per share.
- Following these transactions, Elashmawi directly owns 305,690 shares of Lattice Semiconductor Corp.
- The PRSUs vest 13 months after the end of the associated measurement period, contingent upon achieving specific performance conditions.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a neutral reporting of facts.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the effect is likely negligible given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock transactions (vesting of PRSUs and tax withholding). |
| 02/04/2025 | Date of Form 4 filing. |
Keywords
Lattice Semiconductor, LSCC, Esam Elashmawi, Form 4, Stock Transaction, Restricted Stock Units, PRSU, Tax Withholding, Beneficial Ownership
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.