Form 4: Lattice Semiconductor SVP, General Counsel Sells Shares Under 10b5-1 Plan

Tracy Ann Feanny, SVP and General Counsel at Lattice Semiconductor, sold 1,474 shares of common stock at $50.86 per share on November 21, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• Tracy Ann Feanny, a Senior Vice President and General Counsel at Lattice Semiconductor Corp, reported a sale of company stock.
• The transaction involved the sale of 1,474 shares of common stock.
• The sale occurred on November 21, 2024, at a price of $50.86 per share.
• This transaction was executed under a pre-existing 10b5-1 trading plan adopted on November 29, 2023.
• Following the transaction, Ms. Feanny directly owns 13,909 shares of Lattice Semiconductor stock.

Sentiment

Score: 5

Explanation: The document reports a routine stock sale by an executive under a pre-arranged plan, which is neither particularly positive nor negative.

Risks

• Insider selling can sometimes be perceived negatively by the market, although this sale was under a pre-arranged plan.

Industry Context

Insider trading activity is a common occurrence in publicly traded companies, and sales under 10b5-1 plans are often pre-scheduled and do not necessarily indicate a negative outlook on the company's future.

Comparison to Industry Standards

• Sales by executives under 10b5-1 plans are a common practice across the technology industry, including companies like AMD, Intel, and Nvidia.
• These plans allow insiders to sell shares without being accused of trading on non-public information.
• The volume of shares sold by Ms. Feanny is relatively small compared to the total outstanding shares of Lattice Semiconductor.

Stakeholder Impact

• The impact on shareholders is likely to be minimal, as the sale was under a pre-arranged plan and the volume of shares sold is not significant.

Key Dates

Keywords

insider trading, Form 4, Lattice Semiconductor, stock sale, 10b5-1 plan, Tracy Ann Feanny, LSCC