Form 4: Lattice Semiconductor SVP, Sales, Erhaan Shaikh, Reports Stock Disposals for Tax Obligations
SEC Form 4
Erhaan Shaikh, SVP of Sales at Lattice Semiconductor, reports disposing of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- Erhaan Shaikh, SVP of Sales at Lattice Semiconductor, filed a Form 4 detailing changes in beneficial ownership.
- On May 5, 2025, 237 shares of common stock were disposed of at a price of $52.46 to cover tax obligations.
- On May 6, 2025, 124 shares of common stock were disposed of at a price of $47.59 for the same reason.
- Following these transactions, Shaikh directly owns 84,481 shares of Lattice Semiconductor common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
This filing is a routine disclosure related to insider transactions. It is common for executives to sell shares to cover tax obligations arising from the vesting of stock-based compensation.
Stakeholder Impact
- The disposal of shares by an executive could have a minor negative impact on shareholder sentiment, but is unlikely to be significant given the reason for the disposal.
Key Dates
| Date | Description |
|---|---|
| 05/05/2025 | 237 shares of common stock disposed of at $52.46 to cover tax obligations. |
| 05/06/2025 | 124 shares of common stock disposed of at $47.59 to cover tax obligations. |
| 05/07/2025 | Date of signature by Attorney in Fact for Erhaan Shaikh. |
Keywords
Form 4, Lattice Semiconductor, LSCC, Insider Trading, Beneficial Ownership, Stock Disposal, Erhaan Shaikh, Tax Obligations, Restricted Stock Units
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