Lattice Semiconductor (LSCC) SVP covers RSU tax bill with 1,031 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president of marketing and strategy Esam Elashmawi reported routine share dispositions tied to tax withholding rather than market sales. On May 16 and 17, a total of 1,031 shares of common stock were retained by the company at $120.11 per share to cover tax obligations from vesting restricted stock units. After these transactions, Elashmawi directly holds 174,571 shares of Lattice Semiconductor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Elashmawi Esam
Role
SVP Mktg & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 438 | $120.11 | $53K |
| Tax Withholding | Common Stock | 593 | $120.11 | $71K |
Holdings After Transaction:
Common Stock — 174,571 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares (May 16): 593 shares
Tax-withholding shares (May 17): 438 shares
Total tax-withholding shares: 1,031 shares
+2 more
5 metrics
Tax-withholding shares (May 16)
593 shares
Code F disposition at $120.11 per share
Tax-withholding shares (May 17)
438 shares
Code F disposition at $120.11 per share
Total tax-withholding shares
1,031 shares
Retained by issuer to satisfy tax obligations
Share price for tax withholding
$120.11 per share
Valuation used for both F-code dispositions
Post-transaction holdings
174,571 shares
Directly held common stock after May 17 transaction
Key Terms
restricted stock units, tax withholding obligations, Form 4, tax-withholding disposition
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 of the Reporting Person"
Form 4 financial
"are disclosed in a Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Lattice Semiconductor (LSCC) report for Esam Elashmawi?
Lattice Semiconductor reported that SVP Esam Elashmawi had 1,031 common shares withheld to cover tax obligations on vesting restricted stock units. These were issuer-retained shares, not open-market sales, and are disclosed in a Form 4 insider filing.
What does transaction code F indicate in the Lattice Semiconductor Form 4?
Transaction code F indicates a tax-withholding disposition, where shares are delivered to the issuer to pay exercise price or tax liabilities. In this case, Lattice Semiconductor retained shares from restricted stock unit vesting to satisfy Esam Elashmawi’s tax obligations.