Form 4: Lattice Semiconductor Executive Glenn O'Rourke Reports Stock Transactions

Glenn O'Rourke, SVP of Manufacturing Operations at Lattice Semiconductor, reported the vesting and subsequent tax withholding of shares related to Restricted Stock Units (RSUs) between May 17 and May 19, 2024.

Summary

• Glenn O'Rourke, a Senior Vice President at Lattice Semiconductor, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• The transactions involve the vesting of Restricted Stock Units (RSUs) and the subsequent withholding of shares by the issuer to cover tax obligations.
• On May 17, 2024, 859 shares vested, and 425 shares were withheld for taxes, leaving Mr. O'Rourke with 434 shares.
• On May 18, 2024, 886 shares vested, and 439 shares were withheld for taxes, leaving Mr. O'Rourke with 881 shares.
• On May 19, 2024, 713 shares vested, and 353 shares were withheld for taxes, leaving Mr. O'Rourke with 1,241 shares.
• Following these transactions, Mr. O'Rourke directly owns 1,241 shares of common stock and 17,790 derivative securities in the form of RSUs.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and doesn't indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.

Stakeholder Impact

• The transactions have a minor impact on the overall shareholding structure of the company.

Key Dates