Form 4: Lattice Semiconductor SVP, Sales, Erhaan Shaikh, Reports Acquisition of Restricted Stock Units

Erhaan Shaikh, SVP of Sales at Lattice Semiconductor, reports the acquisition of 21,735 Restricted Stock Units (RSUs) and disposal of 85,062 common stock.

Summary

• On February 14, 2025, Erhaan Shaikh, SVP of Sales at Lattice Semiconductor, reported a transaction involving the company's stock.
• Shaikh acquired 21,735 Restricted Stock Units (RSUs) at a price of $0.
• These RSUs vest over time, with 25% vesting on the first anniversary of the grant date, and an additional 6.25% vesting quarterly thereafter.
• Shaikh also disposed of 85,062 common stock.
• Following these transactions, Shaikh directly owns 85,062 shares of Lattice Semiconductor.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It simply reports transactions by an insider and doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a common practice for executives to receive stock-based compensation, and the vesting schedule encourages long-term alignment with shareholder interests.

Stakeholder Impact

• Shareholders are informed about insider transactions, promoting transparency.
• Employees may be indirectly affected by the perceived alignment of management's interests with the company's performance.

Key Dates

Keywords

Lattice Semiconductor, LSCC, Erhaan Shaikh, Restricted Stock Units, RSUs, Form 4, Beneficial Ownership, Securities, Insider Trading