Form 4: Lattice Semiconductor SVP Pravin Desale Sells Shares Under 10b5-1 Plan
SEC Filing
Pravin Desale, SVP of R&D at Lattice Semiconductor, sold 2,890 shares of common stock at a weighted average price of $68.2916 under a pre-arranged 10b5-1 trading plan.
Summary
- On February 18, 2025, Pravin Desale, SVP of R&D at Lattice Semiconductor Corp, sold 2,890 shares of common stock.
- The sale was executed under a pre-arranged 10b5-1 trading plan adopted on August 19, 2024.
- The weighted average sale price was $68.2916, with individual trades ranging from $68.07 to $68.45.
- Following the transaction, Desale directly owns 93,903 shares of Lattice Semiconductor Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine insider transaction under a pre-existing 10b5-1 plan. It doesn't necessarily reflect a positive or negative view of the company's prospects.
Industry Context
This is a routine disclosure of an insider stock sale. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of insider trading. The sale itself doesn't necessarily indicate a negative outlook for the company.
Key Dates
| Date | Description |
|---|---|
| 08/19/2024 | Adoption date of the 10b5-1 trading plan |
| 02/18/2025 | Date of the stock sale transaction |
| 02/20/2025 | Date of the Form 4 filing |
Keywords
Form 4, Lattice Semiconductor, LSCC, Pravin Desale, 10b5-1 plan, stock sale, insider trading
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