Form 4: Lattice Semiconductor Executive Trades Shares

Tracy Ann Feanny, SVP and General Counsel of Lattice Semiconductor Corp., reported transactions involving the retention of shares to cover tax obligations.

Summary

• Tracy Ann Feanny, Senior Vice President, General Counsel, and a reporting person for Lattice Semiconductor Corp. (LSCC), has filed a Form 4 detailing transactions related to her beneficial ownership of company stock.
• On May 16, 2026, 367 shares of common stock were retained by the issuer to satisfy tax withholding obligations related to the vesting of restricted stock units. The transaction price was $120.11 per share, resulting in 66,538 shares beneficially owned.
• On May 17, 2026, an additional 269 shares were retained by the issuer for the same tax withholding purpose, also at a price of $120.11 per share. This reduced the total beneficially owned shares to 66,269.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine administrative transaction for tax purposes rather than a strategic investment or divestment decision by management.

Positives

• The retention of shares was to cover tax withholding obligations, indicating that the executive is meeting her tax liabilities related to equity compensation.
• The amount of shares retained was not in excess of the tax liability, suggesting responsible management of equity compensation.
• The executive continues to hold a significant number of shares (66,269) after these transactions, indicating ongoing beneficial ownership.

Negatives

• A portion of the executive's equity compensation was used to cover taxes, which reduces the immediate net benefit of the vested restricted stock units.

Risks

• The filing does not explicitly mention any new risks or challenges.
• Potential future tax liabilities related to equity compensation could lead to further share retentions.

Future Outlook

The filing does not contain forward-looking statements or guidance regarding future financial performance or outlook.

Management Comments

• "These shares were retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of the restricted stock units."
• "The amount retained by the Issuer was not in excess of the amount of the tax liability."

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors regarding their company stock transactions. The retention of shares for tax withholding is a common practice when restricted stock units vest, particularly in the semiconductor industry where equity compensation is prevalent.

Stakeholder Impact

• Shareholders: The transactions do not directly impact the total number of outstanding shares but reflect the standard use of equity compensation and associated tax obligations.
• Employees: This filing is specific to an executive's compensation and tax management, with no direct impact on other employees.
• Management: Demonstrates adherence to reporting requirements and standard practices for managing equity compensation.

Next Steps

• Continued monitoring of Form 4 filings for any further transactions by Tracy Ann Feanny or other key personnel at Lattice Semiconductor Corp.

Key Dates

Keywords

Form 4, Lattice Semiconductor, LSCC, Tracy Ann Feanny, Beneficial Ownership, Stock Transaction, Restricted Stock Units, Tax Withholding, Insider Trading