Lattice Semiconductor (LSCC) SVP reports 691-share tax withholding
Rhea-AI Filing Summary
Lattice Semiconductor Corp executive Erhaan Shaikh, SVP, Sales, reported a Form 4 transaction involving company common stock. On 2026-08-14, 691 shares were withheld at $130.46 per share to satisfy tax withholding obligations arising from the vesting of an installment of restricted stock units. These shares were retained by the issuer for taxes, and Mr. Shaikh’s directly held ownership after this transaction is 89,787 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 691 shares
Net Sell
1 txn
Insider
Shaikh Erhaan
Role
SVP, Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 691 | $130.46 | $90K |
Holdings After Transaction:
Common Stock — 89,787 shares (Direct)
Footnotes (1)
- F1. 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
Shares withheld for taxes: 691 shares
Per-share value for withholding: $130.46 per share
Shares owned after transaction: 89,787 shares
+1 more
4 metrics
Shares withheld for taxes
691 shares
Common stock retained by issuer to meet tax withholding on RSU vesting on 2026-08-14
Per-share value for withholding
$130.46 per share
Valuation used for the 691-share tax-withholding disposition
Shares owned after transaction
89,787 shares
Direct LSCC common stock ownership by Erhaan Shaikh following the withholding
Shares applied to tax liability count
691 shares
Exercise-price-or-tax-liability shares reported in transaction summary
Key Terms
restricted stock units, tax withholding obligations, Reporting Person, beneficial ownership
4 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"
Reporting Person regulatory
"tax withholding obligations of the Reporting Person in connection with the vesting"
beneficial ownership financial
"The amount retained by the Issuer was not in excess of the amount of the tax liability"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did LSCC executive Erhaan Shaikh report on this Form 4?
Erhaan Shaikh reported a withholding of 691 LSCC shares on 2026-08-14. The shares were retained by Lattice Semiconductor to cover tax obligations from the vesting of restricted stock units.
Was Erhaan Shaikh’s LSCC Form 4 transaction part of a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed. The transaction is reported as a tax-withholding disposition, with shares retained by the issuer to cover RSU-related tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.