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Lattice Semiconductor (LSCC) SVP acquires ESPP shares and covers RSU taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
  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.
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
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.

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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.

How many LSCC shares does Pravin Desale own after these Form 4 transactions?

Following the reported transactions, Pravin Desale directly holds 73,332 shares of Lattice Semiconductor common stock. This figure reflects his position after the ESPP acquisition of 317 shares and the 504-share tax withholding retained by the issuer.

Was Pravin Desale’s 504-share LSCC disposition an open-market sale?

No. The 504-share disposition was a tax withholding event, where shares were retained by Lattice Semiconductor to meet Desale’s tax obligations on vesting restricted stock units. The filing states the retained amount was not more than the tax liability.

How did Pravin Desale acquire additional LSCC shares on June 30, 2026?

On 2026-06-30, Desale acquired 317 shares of Lattice Semiconductor common stock at $66.8525 per share. A footnote explains these shares were obtained under the company’s 2012 Employee Stock Purchase Plan through payroll deductions during the applicable offering period.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Desale Pravin

(Last)(First)(Middle)
5555 NE MOORE COURT

(Street)
HILLSBORO OREGON 97124

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LATTICE SEMICONDUCTOR CORP [ LSCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SVP, R&D
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock06/30/2026MV317(1)A$66.852573,836D
Common Stock07/10/2026F(2)504D$137.4473,332D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. 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.
/s/ Tracy Feanny, Attorney in Fact For: Pravin Desale07/14/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)