Form 4: Lattice Semiconductor SVP, R&D, Pravin Desale, Reports Acquisition of Restricted Stock Units

Pravin Desale, SVP of R&D at Lattice Semiconductor, reports the acquisition of 20,540 Restricted Stock Units (RSUs) on February 28, 2025.

Summary

• On February 28, 2025, Pravin Desale, SVP of R&D at Lattice Semiconductor Corp, acquired 20,540 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• These RSUs were granted at a price of $0.
• Following this transaction, Desale directly owns 114,443 shares of Lattice Semiconductor Corp.
• The RSUs vest as follows: 25% on the first anniversary of the grant date, and an additional 6.25% every three months thereafter.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard executive compensation practice. The acquisition of RSUs is generally viewed as a positive sign, aligning management's interests with shareholders, but it's a routine event.

Positives

• The acquisition of RSUs aligns the executive's interests with those of the shareholders, incentivizing long-term value creation.

Future Outlook

The vesting schedule of the RSUs suggests a multi-year commitment from the executive.

Industry Context

Form 4 filings are routine disclosures for corporate insiders and provide transparency regarding their transactions in the company's stock. This is a standard practice in publicly traded companies to ensure fair markets and prevent insider trading.

Stakeholder Impact

• The RSU grant aligns the executive's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term value.

Key Dates