Form 4: Lattice Semiconductor Interim CFO Tonya Stevens Reports Stock Disposals for Tax Obligations

Sentiment:

SEC Form 4 Filing


Tonya Stevens, Interim CFO of Lattice Semiconductor, reported the disposal of common stock to cover tax withholding obligations related to vesting restricted stock units.

Summary

  • Tonya Stevens, the Interim CFO of Lattice Semiconductor Corp, filed a Form 4 detailing changes in beneficial ownership.
  • On November 4, 2024, she disposed of 294 shares of common stock at a price of $51.89 to cover tax obligations.
  • On November 5, 2024, she disposed of 229 shares of common stock at a price of $51.18 to cover tax obligations.
  • Following these transactions, Stevens beneficially owns 80,244 shares of Lattice Semiconductor Corp.
  • The disposals were executed to meet tax withholding obligations related to the vesting of restricted stock units, and the amount retained by the issuer was not in excess of the tax liability.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The filing relates to routine stock disposals to cover tax obligations, which is a common practice and doesn't necessarily indicate a positive or negative outlook.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily reflect a negative outlook on the company.

Stakeholder Impact

  • The stock disposal to cover tax obligations has a minimal impact on shareholders.

Key Dates

DateDescription
11/04/2024Disposal of 294 shares of common stock at $51.89 per share.
11/05/2024Disposal of 229 shares of common stock at $51.18 per share.
11/06/2024Date of signature by Attorney in Fact for Tonya Stevens.

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