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Lattice Semiconductor (LSCC) SVP reports RSU vesting and major share transfer

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lattice Semiconductor senior vice president Esam Elashmawi reported multiple share-related transactions in company common stock. On February 17, 2026, he acquired 11,936 shares through the vesting of performance-based restricted stock units originally granted on February 17, 2023. On February 17 and 18, 2026, a total of several thousand shares were withheld by the company at prices around $97 per share to cover tax obligations tied to restricted stock unit vesting, rather than open-market sales. He also transferred 117,694 shares to a former spouse, after which he no longer reports those shares as beneficially owned.

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SEC Form 4
FORM 4 UNITED 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*
Elashmawi Esam

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

(Street)
HILLSBORO OR 97124

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
LATTICE SEMICONDUCTOR CORP [ LSCC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP Mktg & Strategy
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 F(1) 438 D $97.5 315,789 D
Common Stock 02/17/2026 A 11,936(2) A $0(3) 327,725 D
Common Stock 02/17/2026 F(1) 6,074 D $97.5 321,651 D
Common Stock 02/18/2026 F(1) 451 D $97.23 321,200 D
Common Stock 02/18/2026 J 117,694(4) D $0 203,506 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. Represents shares issued upon achievement of the performance criteria of performance based restricted stock units (PRSUs) granted to the Reporting Person on February 17, 2023. These PRSUs vested on February 17, 2026.
3. Restricted Stock Units (RSUs) - no purchase price for this transaction.
4. The Reporting person transferred 117,694 shares of Issuer's common stock to his former spouse. The reporting person no longer reports as beneficially owned any securities owned by his former spouse.
/s/ Tracy Feanny, Attorney in Fact For: Esam Elashmawi 02/19/2026
** Signature of Reporting Person Date
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.

FAQ

What insider transactions did LSCC executive Esam Elashmawi report?

Esam Elashmawi reported RSU vesting, tax-withholding dispositions, and a share transfer. He received 11,936 shares from performance-based RSUs, had several thousand shares withheld for taxes, and transferred 117,694 shares to a former spouse, reducing his reported beneficial ownership.

Were any of Esam Elashmawi’s LSCC transactions open-market stock sales?

The reported transactions were not open-market sales. Shares were withheld by Lattice Semiconductor to satisfy tax obligations on restricted stock unit vesting, and a large block was transferred to a former spouse as part of a personal ownership change.

How many Lattice Semiconductor shares did Esam Elashmawi acquire through RSU vesting?

He acquired 11,936 Lattice Semiconductor common shares through performance-based restricted stock units. These RSUs were granted on February 17, 2023, and vested on February 17, 2026, following achievement of specified performance criteria set at the grant date.

What is the nature of the 117,694 LSCC shares reported as an ‘other’ transaction?

The 117,694 shares classified as an “other” transaction were transferred to Mr. Elashmawi’s former spouse. After this transfer, he no longer reports any securities owned by the former spouse as beneficially owned, reflecting a change in personal ownership status.

Why did Lattice Semiconductor retain some of Esam Elashmawi’s shares on vesting?

Lattice Semiconductor retained certain shares to cover Mr. Elashmawi’s tax withholding obligations related to restricted stock unit vesting. The company notes the retained amount did not exceed the associated tax liability, and no purchase price was involved for the RSU vesting itself.

How did these transactions affect Esam Elashmawi’s reported LSCC share ownership?

After RSU vesting, tax-related share withholdings, and the transfer to his former spouse, Mr. Elashmawi’s reported direct holdings changed to the post-transaction balances shown in the filing’s ownership columns, reflecting fewer shares due mainly to tax settlements and the personal transfer.
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