10b5-1 sale: 14,155 LSCC shares sold by insider (NASDAQ: LSCC)
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
LSCC reports an insider sale under Rule 144. The filing shows a 10b5-1 sale of 14,155 shares of common stock on 05/20/2026, producing proceeds of $1,899,993.69. The filing also lists restricted stock units dated 05/16/2026 and a share count of 137,007,857 associated with the record line dated 06/12/2026.
Positive
- None.
Negative
- None.
Key Figures
Shares sold: 14,155 shares
Proceeds: $1,899,993.69
Listed share line: 137,007,857
3 metrics
Shares sold
14,155 shares
10b5-1 sale on 05/20/2026
Proceeds
$1,899,993.69
Aggregate proceeds reported for the 05/20/2026 sale
Listed share line
137,007,857
Numeric entry associated with date 06/12/2026 on issuer/security line
Key Terms
10b5-1, Restricted Stock Units, Form 144
3 terms
10b5-1 regulatory
"10b5-1 Sales for PRAVIN DESALE 5555 NE Moore Court Hillsboro OR"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
Restricted Stock Units financial
"Common | 05/16/2026 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 144 regulatory
"Filer Information | 144: Filer Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
FAQ
What did the LSCC Form 144 disclose about the insider sale?
The Form 144 discloses a 10b5-1 sale of 14,155 shares on 05/20/2026. The report lists proceeds of $1,899,993.69 tied to that sale and notes restricted stock units dated 05/16/2026.
Who executed the reported 10b5-1 sale in the LSCC filing?
The filing identifies the 10b5-1 sales program for Pravin Desale. The sale recorded under that program is the 14,155-share disposition on 05/20/2026 with listed proceeds of $1,899,993.69.
Does the Form 144 show proceeds from the LSCC sale and how much?
Yes. The Form 144 lists aggregate proceeds of $1,899,993.69 associated with the reported sale of 14,155 shares dated 05/20/2026 under a 10b5-1 plan.
Are there restricted stock units mentioned in the LSCC filing?
The filing includes a line for Restricted Stock Units dated 05/16/2026. The entry lists the security type and date but does not state additional terms within the excerpt provided.