Form 4: Lattice Semiconductor Executive Tonya Stevens Reports Stock Grant

Tonya Stevens, CVP and Chief Accounting Officer of Lattice Semiconductor, reports the acquisition of 19,718 shares of common stock through a grant of Restricted Stock Units (RSUs).

Summary

• Tonya Stevens, the CVP and Chief Accounting Officer of Lattice Semiconductor Corp, filed a Form 4 on March 4, 2025.
• The form reports a transaction that occurred on February 28, 2025, where Ms. Stevens acquired 19,718 shares of Lattice Semiconductor common stock.
• These shares were acquired through a grant of Restricted Stock Units (RSUs).
• The RSUs vest over time, with 25% vesting on the first anniversary of the grant date, and an additional 6.25% vesting every three months thereafter.
• Following the reported transaction, Ms. Stevens beneficially owns 94,218 shares of Lattice Semiconductor common stock.

Sentiment

Score: 6

Explanation: The document itself is neutral, simply reporting a stock grant. It's a routine filing, so the sentiment is moderately positive as it indicates continued executive engagement.

Positives

• The grant of RSUs to a key executive like the Chief Accounting Officer can be seen as a positive sign, aligning her interests with the long-term success of the company.

Future Outlook

The vesting schedule of the RSUs suggests a multi-year commitment from the executive to the company.

Industry Context

Stock grants are a common form of executive compensation in the semiconductor industry, used to incentivize performance and retain key talent.

Comparison to Industry Standards

• Executive compensation packages, including stock grants, are typically benchmarked against peer companies in the semiconductor industry to ensure competitiveness.
• Companies like Xilinx (now AMD), Intel, and Microchip Technology also utilize RSUs as part of their executive compensation plans.

Stakeholder Impact

• The stock grant could have a slightly dilutive effect on existing shareholders, but it also incentivizes the executive to work towards increasing shareholder value.

Key Dates