Form 4: Lattice Semiconductor SVP Sells Shares for Tax Obligations
Insider Transaction Report
Lattice Semiconductor's SVP of R&D, Pravin Desale, disposed of 1,842 common shares to cover tax liabilities from restricted stock unit vesting.
Summary
- Pravin Desale, Senior Vice President of Research & Development at Lattice Semiconductor Corp (LSCC), reported a transaction involving company common stock.
- On February 28, 2026, 1,842 shares of Common Stock were disposed of.
- The disposition was made at a price of $95.62 per share.
- These shares were retained by the Issuer to meet the reporting person's tax withholding obligations in connection with the vesting of restricted stock units.
- The amount retained did not exceed the tax liability.
- Following this transaction, Pravin Desale directly beneficially owns 80,826 shares of Common Stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine insider transaction for tax purposes, which typically has a neutral impact on company sentiment as it does not reflect a change in operational performance or strategic outlook.
Industry Context
StockSavvy.ai notes that insider transactions, particularly those involving the disposition of shares to cover tax withholding obligations upon the vesting of restricted stock units, are routine events. These transactions are common for executives receiving equity compensation and are generally not indicative of changes in company performance or strategic direction within the semiconductor industry.
Key Dates
| Date | Description |
|---|---|
| 02/28/2026 | Date of transaction (disposition of shares for tax withholding). |
| 03/02/2026 | Date the Statement of Changes in Beneficial Ownership was signed. |
Recommendation
holdThis Form 4 filing details a routine disposition of shares by an executive to cover tax obligations related to restricted stock unit vesting. Such transactions are common and generally do not reflect a change in the company's fundamentals or future prospects, thus a 'hold' recommendation is maintained.
Keywords
Lattice Semiconductor, LSCC, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Pravin Desale
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