Lattice Semiconductor (LSCC) SVP acquires ESPP shares and covers RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lattice Semiconductor SVP, R&D Pravin Desale reported two equity-related transactions. On 2026-06-30, he acquired 317 shares of common stock at $66.8525 per share under the company’s 2012 Employee Stock Purchase Plan through payroll deductions. On 2026-07-10, 504 shares were retained by the issuer at $137.4400 per share to satisfy Desale’s tax withholding obligations on vesting restricted stock units, rather than being sold in the market. After these transactions, he holds 73,332 shares of Lattice Semiconductor common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Desale Pravin
Role
SVP, R&D
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 504 | $137.44 | $69K |
| Exercise | Common Stock | 317 | $66.8525 | $21K |
Holdings After Transaction:
Common Stock — 73,332 shares (Direct)
Footnotes (1)
- These shares were acquired under the Issuer's 2012 Employee Stock Purchase Plan ("ESPP") in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c). The acquisition reflects the officer's participation in the ESPP through payroll deductions during the applicable offering period. These shares were retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person in connection with the vesting of an installment of the restricted stock units. The amount retained by the Issuer was not in excess of the amount of the tax liability.
Key Figures
ESPP shares acquired: 317 shares
ESPP purchase price: $66.8525 per share
Tax-withholding shares: 504 shares
+2 more
5 metrics
ESPP shares acquired
317 shares
Common stock acquired on 2026-06-30 under 2012 Employee Stock Purchase Plan
ESPP purchase price
$66.8525 per share
Price paid per share for 317 ESPP shares on 2026-06-30
Tax-withholding shares
504 shares
Shares retained by issuer on 2026-07-10 to satisfy tax obligations on RSU vesting
Tax-withholding price
$137.4400 per share
Value per share for 504 shares retained for tax withholding
Shares held after transactions
73,332 shares
Direct common stock ownership following reported transactions
Key Terms
Employee Stock Purchase Plan, restricted stock units, Rule 16b-3(d), tax withholding obligations
4 terms
Employee Stock Purchase Plan financial
"These shares were acquired under the Issuer's 2012 Employee Stock Purchase Plan ("ESPP")"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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.
Rule 16b-3(d) financial
"exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
tax withholding obligations financial
"retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did LSCC SVP Pravin Desale report?
SVP, R&D Pravin Desale reported acquiring 317 shares via the 2012 Employee Stock Purchase Plan and a 504-share tax-withholding disposition related to vesting restricted stock units. Both actions are tied to compensation and benefit programs, not open-market trading.