Form 4: Lattice Semiconductor SVP, R&D, Pravin Desale, Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Pravin Desale, SVP, R&D at Lattice Semiconductor, disposed of 611 shares of common stock on March 11, 2025, to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On March 11, 2025, Pravin Desale, SVP, R&D at Lattice Semiconductor Corp, disposed of 611 shares of common stock.
- The transaction was executed to cover tax withholding obligations related to the vesting of restricted stock units.
- The shares were disposed of at a price of $58.62 per share.
- Following the transaction, Desale directly owns 113,832 shares of Lattice Semiconductor Corp.
- The transaction was reported on March 12, 2025.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine transaction for tax purposes and doesn't necessarily reflect a change in the executive's confidence in the company.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders. This filing indicates a standard transaction to cover tax obligations.
Stakeholder Impact
- The disposal of shares is unlikely to have a significant impact on shareholders, as it is a small transaction related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Pravin Desale disposed of 611 shares of common stock. |
| 03/12/2025 | Date of report filing. |
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