Form 4: Lattice Semiconductor Executive Sells Shares to Cover Tax Obligations

A Lattice Semiconductor executive, Mark Jon Nelson, sold 3,155 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• Mark Jon Nelson, a Senior Vice President at Lattice Semiconductor, sold 3,155 shares of common stock on January 1, 2025.
• The sale was executed to cover tax withholding obligations associated with the vesting of restricted stock units.
• The shares were sold at a price of $56.65 per share.
• Following the transaction, Nelson directly owns 85,139 shares of Lattice Semiconductor common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction for tax purposes, with no indication of positive or negative sentiment.

Industry Context

This is a routine transaction for executives who receive stock-based compensation. It is common for executives to sell shares to cover tax liabilities when restricted stock units vest.

Comparison to Industry Standards

• Sales of shares by executives to cover tax obligations are a common practice across the technology industry.
• Many companies use restricted stock units as part of their compensation packages, leading to similar transactions by executives at other firms such as Xilinx (now part of AMD) and Intel.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.

Key Dates

Keywords

Lattice Semiconductor, insider trading, Form 4, stock sale, executive compensation, restricted stock units, tax obligations