LSCC (NASDAQ: LSCC) affiliate notifies sale of 4,620 RSUs via broker
Rhea-AI Filing Summary
LSCC submitted a Form 144 notice reporting an intended sale of 4,620 restricted stock units and disclosing 1,381 shares sold in the prior three months. The filing lists a gross amount of $714,252.00 and a past sale aggregate of $125,160.03.
The notice names Morgan Stanley Smith Barney LLC as broker and shows an issuance date of 05/16/2025 for the restricted stock units; the filing date appears as 06/04/2026.
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Insights
Form 144 lists an affiliate resale notice for 4,620 RSUs and prior-quarter sales of 1,381 shares.
The filing is procedural: it notifies the SEC and market intermediaries of an intended affiliate sale under resale rules. The broker is named as Morgan Stanley Smith Barney LLC and the securities are described as Restricted Stock Units.
Impact is typically administrative; subsequent public trades or additional filings would show actual market activity and cash flow.
Restricted stock units (RSUs) are the security type involved; the filing records both intended and recent completed dispositions.
The RSU issuance date is shown as 05/16/2025; the prior sales total 1,381 shares for $125,160.03. This pattern is consistent with routine affiliate vesting and resale activity.
Further clarity on whether the intended sale is tied to vesting, a planned program, or open‑market transactions would come from subsequent trade reports or a Form 4.