Form 4: Lattice Semiconductor SVP, Sales, Mark Jon Nelson, Executes Stock Sale Under 10b5-1 Plan
SEC Form 4 Filing
Mark Jon Nelson, SVP of Sales at Lattice Semiconductor, sold 1,850 shares of common stock at $57.28 per share on January 6, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- Mark Jon Nelson, Senior Vice President of Sales at Lattice Semiconductor, executed a sale of 1,850 shares of the company's common stock.
- The sale occurred on January 6, 2025, at a price of $57.28 per share.
- This transaction was conducted under a pre-arranged 10b5-1 trading plan adopted on September 6, 2024.
- Following the transaction, Nelson directly owns 83,289 shares of Lattice Semiconductor common stock.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing related to an insider stock sale under a pre-arranged plan, which is neither positive nor negative.
Industry Context
This is a routine filing related to insider trading activity and is common for executives of publicly traded companies. The use of a 10b5-1 plan indicates a pre-planned sale to avoid accusations of trading on inside information.
Comparison to Industry Standards
- The use of 10b5-1 trading plans is a common practice among executives at publicly traded companies, including those in the semiconductor industry such as AMD, Nvidia, and Intel.
- These plans allow insiders to sell shares at predetermined times and prices, mitigating the risk of insider trading allegations.
- The reported transaction is consistent with standard practices for executive stock sales.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's stock price due to the pre-planned nature of the transaction.
Key Dates
| Date | Description |
|---|---|
| 09/06/2024 | Adoption date of the 10b5-1 trading plan. |
| 01/06/2025 | Date of the stock sale transaction. |
| 01/07/2025 | Date of the Form 4 filing. |
Keywords
Lattice Semiconductor, insider trading, Form 4, stock sale, 10b5-1 plan, Mark Jon Nelson, LSCC
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