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

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

Summary

• Esam Elashmawi, a Senior Vice President at Lattice Semiconductor, sold 3,155 shares of common stock on January 1, 2025.
• The sale was executed at a price of $56.65 per share.
• The shares were sold to cover tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Elashmawi directly owns 297,253 shares of Lattice Semiconductor common stock.

Sentiment

Score: 5

Explanation: This is a neutral event, a routine transaction for tax purposes, and does not indicate any positive or negative sentiment about the company's performance.

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 obligations when restricted stock units vest.

Comparison to Industry Standards

• Similar transactions are common among executives at publicly traded companies, particularly in the technology sector.
• Companies like Xilinx (now part of AMD) and Intel also see similar Form 4 filings from their executives related to stock sales for tax purposes.
• The number of shares sold and the price are within the typical range for such transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale for tax purposes.

Key Dates

Keywords

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