Form 4: Lattice Semiconductor SVP, Sales, Mark Jon Nelson, Sells Shares Under 10b5-1 Plan

Sentiment:

SEC Form 4


Mark Jon Nelson, SVP of Sales at Lattice Semiconductor, sold 1,232 shares of common stock at $48.98 per share on August 20, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

  • On August 20, 2024, Mark Jon Nelson, the SVP of Sales at Lattice Semiconductor Corp, sold 1,232 shares of the company's common stock.
  • The sale was executed at a price of $48.98 per share.
  • The transaction was conducted under a pre-approved 10b5-1 trading plan adopted on August 24, 2023.
  • Following the transaction, Nelson directly owns 14,919 shares of Lattice Semiconductor Corp.
  • The transaction was reported on August 21, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a routine disclosure of a pre-planned stock sale by an executive. It doesn't inherently indicate positive or negative news about the company.

Industry Context

This is a routine disclosure of an insider stock sale. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of insider trading. The sale itself doesn't necessarily indicate a negative outlook for the company.

Stakeholder Impact

  • The sale could have a minor negative impact on shareholder sentiment, but is unlikely to have a significant impact due to the pre-planned nature of the sale.

Key Dates

DateDescription
08/24/2023Adoption date of the 10b5-1 trading plan.
08/20/2024Date of the stock sale transaction.
08/21/2024Date of Form 4 filing.

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