Form 4: Lattice Semiconductor SVP Glenn O'Rourke Sells Shares
SEC Form 4
Glenn O'Rourke, SVP of Manufacturing Operations at Lattice Semiconductor, sold shares of the company's common stock on May 22, 2024.
Summary
- Glenn O'Rourke, SVP of Manufacturing Operations at Lattice Semiconductor Corp, reported the sale of company stock on May 22, 2024.
- He sold 863 shares at a weighted average price of $74.29, with individual trades ranging from $73.89 to $74.80.
- Additionally, he sold 378 shares at a weighted average price of $75.10, with individual trades ranging from $74.93 to $75.20.
- Following these transactions, O'Rourke's direct ownership of Lattice Semiconductor common stock decreased to zero.
Sentiment
Score: 5
Explanation: Form 4 filings are neutral events. The sale of shares by an insider doesn't inherently indicate positive or negative sentiment, but it can be interpreted in the context of other company news and market conditions.
Industry Context
Insider sales are a common occurrence and are publicly disclosed to ensure transparency in the market. The sale by an SVP may be scrutinized by investors to understand the motivations behind it, although it doesn't necessarily indicate a negative outlook for the company.
Stakeholder Impact
- Shareholders may react to the news of an insider selling shares, although the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of stock sale transactions |
| 05/23/2024 | Date of Form 4 filing |
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