Lattice Semiconductor Insider Sale: Feanny Disposes 5,965 Shares Under 10b5-1
Rhea-AI Filing Summary
Tracy Feanny, SVP and General Counsel of Lattice Semiconductor Corp (LSCC), reported two sales of company common stock on 08/28/2025 executed under an approved 10b5-1 plan adopted 05/29/2025. The first sale disposed of 5,565 shares at a weighted average price of $66.4667, leaving 79,880 shares beneficially owned. The second sale disposed of 400 shares at a weighted average price of $66.915, leaving 79,480 shares beneficially owned. The filing states both transactions were executed in multiple trades and the reporting person will provide trade-level details on request.
Positive
- Transaction executed under an approved 10b5-1 plan, adopted 05-29-2025, showing pre-planned, rule-compliant selling
- Timely and detailed disclosure including weighted-average sale prices and post-transaction beneficial ownership, with commitment to provide trade-level details on request
Negative
- Insider sold a total of 5,965 shares (5,565 and 400), reducing beneficial ownership to 79,480 shares
- Sales may be interpreted by some investors as insider liquidity activity rather than signal of operational change (no operational context provided in filing)
Insights
TL;DR: Insider sales under an existing 10b5-1 plan; routine disclosure, limited near-term market signal.
The reported transactions show an officer executing pre-planned sales under a 10b5-1(c) plan, which provides an affirmative defense to insider trading claims when properly adopted and followed. The sizes—5,565 and 400 shares—are explicit and accompanied by weighted-average prices, and the filer commits to provide trade-level details if requested. From a financial perspective, these sales represent a disclosed reduction in beneficial ownership but no new information about company operations or outlook is provided in the filing.
TL;DR: Proper governance practice: documented 10b5-1 plan and timely Form 4 filing; transparency is appropriate.
The filing documents adherence to procedural controls: the 10b5-1 plan adoption date is included and the Form 4 discloses weighted-average sale prices and post-sale ownership levels. This level of disclosure supports governance transparency. The filing does not indicate any non-routine event such as a discretionary sale outside a plan or any related-party transaction that would raise immediate governance concerns.