Form 4: Lattice Semiconductor SVP Sells Shares for Tax

Erhaan Shaikh, SVP of Sales at Lattice Semiconductor, disposed of common stock to satisfy tax obligations related to restricted stock unit vesting.

Summary

• Erhaan Shaikh, Senior Vice President of Sales at Lattice Semiconductor Corp (LSCC), reported two transactions involving the disposition of common stock.
• On November 4, 2025, 295 shares of common stock were disposed of at a price of $63.23 per share.
• On November 5, 2025, an additional 338 shares of common stock were disposed of at a price of $63.15 per share.
• These dispositions were non-discretionary, executed by the Issuer to meet tax withholding obligations for Mr. Shaikh in connection with the vesting of restricted stock units.
• Following these transactions, Mr. Shaikh beneficially owns 80,580 shares of Lattice Semiconductor common stock.

Sentiment

Score: 5

Explanation: The filing describes routine, non-discretionary transactions related to executive compensation and tax obligations, which are neutral in terms of company performance or outlook.

Positives

• The transactions represent the vesting of restricted stock units, indicating that the compensation plan for the SVP of Sales is progressing as expected.
• The disposition of shares was solely for tax withholding purposes, not a discretionary sale by the insider, which is a routine event and does not signal a lack of confidence.

Negatives

• No negative aspects are identified as the transactions are routine tax-related dispositions associated with RSU vesting.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Management Comments

• Shares were retained by the Issuer to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of restricted stock units.
• The amount retained by the Issuer was not in excess of the amount of the tax liability.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation and tax obligations, which is common across all publicly traded companies and does not reflect specific industry trends or competitive positioning.

Comparison to Industry Standards

• The practice of companies withholding shares to cover tax obligations upon the vesting of restricted stock units is a standard and widely accepted compensation and tax management practice across all industries, including the semiconductor sector.
• This type of transaction is a common mechanism for executives to manage their tax liabilities arising from equity compensation, consistent with practices observed at comparable technology companies.

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine, non-discretionary transactions for tax purposes and do not reflect a change in insider sentiment or company fundamentals.
• Employees: The vesting of restricted stock units is a standard component of executive compensation, aligning executive interests with shareholder value over time.

Key Dates

Recommendation

This Form 4 filing details routine, non-discretionary sales of common stock by an insider to cover tax obligations related to restricted stock unit vesting. Such transactions are standard practice and do not provide new fundamental information about Lattice Semiconductor's operational performance, financial health, or future prospects. Therefore, a seasoned investor would likely maintain their current position, as this filing does not present a compelling reason to alter an investment thesis.

Keywords

Lattice Semiconductor, LSCC, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Erhaan Shaikh, Common Stock