Lattice Semiconductor Corp (LSCC) SVP withholds 805 shares for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lattice Semiconductor Corp executive Erhaan Shaikh, SVP, Sales, reported a tax-related share disposition. The issuer retained 805 shares of common stock to satisfy his tax withholding obligations arising from the vesting of restricted stock units. After this withholding transaction, Shaikh directly holds 91,112 shares of Lattice Semiconductor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shaikh Erhaan
Role
SVP, Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 805 | $132.46 | $107K |
Holdings After Transaction:
Common Stock — 91,112 shares (Direct)
Footnotes (1)
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Key Figures
Shares retained for tax withholding: 805 shares
Reference price per share: $132.46 per share
Shares held after transaction: 91,112 shares
3 metrics
Shares retained for tax withholding
805 shares
Common stock retained by issuer to satisfy tax obligations on RSU vesting
Reference price per share
$132.46 per share
Price used for the 805-share tax withholding disposition
Shares held after transaction
91,112 shares
Total common shares directly owned by Erhaan Shaikh following the withholding
Key Terms
restricted stock units, tax withholding obligations, Reporting Person
3 terms
restricted stock units financial
"in connection with the vesting of an installment of the restricted stock units"
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.
tax withholding obligations financial
"retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person"
Reporting Person regulatory
"tax withholding obligations of the Reporting Person in connection with the vesting"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did Lattice Semiconductor (LSCC) executive Erhaan Shaikh report?
Erhaan Shaikh reported that 805 shares of Lattice Semiconductor common stock were retained by the company to cover his tax withholding obligations on a restricted stock unit vesting, leaving him with 91,112 shares held directly after the transaction.
Was the Lattice Semiconductor (LSCC) transaction by Erhaan Shaikh an open-market sale?
No. The reported event reflects tax withholding, where 805 shares were retained by Lattice Semiconductor to satisfy Shaikh’s tax liability on vested restricted stock units, rather than an open-market purchase or sale of shares.
What does the transaction code F mean for this Lattice Semiconductor (LSCC) insider activity?
Transaction code F indicates a payment of tax liability by delivering securities. Here, 805 shares were retained by Lattice Semiconductor to cover Erhaan Shaikh’s withholding taxes on an installment of vested restricted stock units.