Lattice Semiconductor (NASDAQ: LSCC) SVP has 593 shares withheld for taxes
Rhea-AI Filing Summary
Lattice Semiconductor executive Pravin Desale, SVP, R&D, reported an automatic tax-related share disposition. On 2026-08-16, the issuer retained 593 shares of common stock at $130.46 per share to satisfy Desale’s tax withholding obligations arising from the vesting of a restricted stock unit installment. After this tax-withholding disposition, Desale directly held 72,739 shares of Lattice Semiconductor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 593 shares
Net Sell
1 txn
Insider
Desale Pravin
Role
SVP, R&D
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 593 | $130.46 | $77K |
Holdings After Transaction:
Common Stock — 72,739 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 retained for tax withholding: 593 shares
Transaction price per share: $130.46
Shares owned after transaction: 72,739 shares
+1 more
4 metrics
Shares retained for tax withholding
593 shares
Common stock retained by issuer on 2026-08-16 to meet tax obligations
Transaction price per share
$130.46
Per-share value applied to the 593-share tax-withholding disposition
Shares owned after transaction
72,739 shares
Direct LSCC common stock holdings of Pravin Desale after the Form 4 transaction
Tax-liability-related share dispositions
593 shares
Total shares reported under code F for payment of tax liability
Key Terms
restricted stock units, tax withholding obligations, Payment of tax liability by delivering or withholding securities
3 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"
Payment of tax liability by delivering or withholding securities financial
"transaction_code_description: Payment of tax liability by delivering or withholding securities"
FAQ
What insider transaction did LSCC executive Pravin Desale report on this Form 4?
Pravin Desale reported a tax-related disposition of 593 LSCC shares. The shares were retained by Lattice Semiconductor to cover tax withholding owed upon vesting of a restricted stock unit installment.
Was Pravin Desale’s LSCC transaction an open-market sale or a tax withholding?
It was a tax withholding, not an open-market sale. The filing states the issuer retained 593 shares specifically to meet Desale’s tax withholding obligations from vesting restricted stock units.
Was Pravin Desale’s LSCC Form 4 transaction under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as using a plan. Combined with the footnote, it characterizes the event as an automatic tax-withholding retention tied to RSU vesting rather than a discretionary trading-plan sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.