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

Pravin Desale, SVP of R&D at Lattice Semiconductor, disposed of shares to cover tax withholding obligations related to vesting restricted stock units.

Summary

• On February 16, 2025, Pravin Desale, SVP of R&D at Lattice Semiconductor Corp, disposed of 1,772 shares of common stock.
• The shares were sold at a price of $64.42 per share.
• The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
• Following the transaction, Desale directly owns 96,793 shares of Lattice Semiconductor Corp.
• The sale was not made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of the financial markets, providing transparency into the transactions of company insiders. This particular filing indicates a common practice of executives selling shares to cover tax obligations arising from the vesting of stock awards.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Lattice Semiconductor, LSCC, Pravin Desale, Insider Trading, Stock Sale, Tax Withholding, Restricted Stock Units