Form 4: Lattice Semiconductor SVP Pravin Desale Sells Shares
Statement of Changes in Beneficial Ownership
Lattice Semiconductor SVP of R&D Pravin Desale reported the sale of 2,039 shares and a tax-related withholding of 868 shares.
Summary
- Pravin Desale, SVP of R&D at Lattice Semiconductor, executed a sale of 2,039 shares of common stock on June 12, 2026, at a price of $142.89 per share.
- An additional 868 shares were withheld by the company on June 11, 2026, at $142.86 per share to satisfy tax obligations related to the vesting of restricted stock units.
- Following these transactions, the reporting person maintains a beneficial ownership of 73,519 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the transactions are routine administrative actions related to tax obligations and pre-planned divestment.
Positives
- The sale of 2,039 shares was conducted under a pre-established Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without concerns regarding insider trading.
Negatives
- The transaction represents a reduction in the executive's direct equity stake in the company.
Risks
- None identified; this is a routine disclosure of executive equity transactions.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that routine executive stock sales under 10b5-1 plans are common in the semiconductor industry and generally do not signal a change in corporate strategy or outlook.
Comparison to Industry Standards
- The use of 10b5-1 plans is a standard governance practice among S&P 500 and semiconductor companies to ensure compliance with SEC regulations.
- Tax withholding upon RSU vesting is a standard industry practice for equity-based compensation.
Stakeholder Impact
- Minimal impact on shareholders as the transactions were pre-planned and represent a small portion of the executive's total holdings.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 02-18-2026 | Adoption date of the Rule 10b5-1 trading plan. |
| 06-11-2026 | Tax withholding transaction date. |
| 06-12-2026 | Market sale transaction date and filing date. |
Keywords
Lattice Semiconductor, LSCC, Insider Trading, Form 4, Executive Compensation, Equity Vesting
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