Form 4: Shaikh Erhaan reports multiple insider transactions in LSCC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shaikh Erhaan reported multiple insider transaction types in a Form 4 filing for LSCC. The filing lists transactions totaling 23,525 shares at a weighted average price of $97.63 per share. Following the reported transactions, holdings were 75,212 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Shaikh Erhaan
Role
SVP, Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,950 | $97.63 | $190K |
| Grant/Award | Common Stock | 14,490 | $0.00 | -- |
| Tax Withholding | Common Stock | 7,085 | $97.63 | $692K |
Holdings After Transaction:
Common Stock — 75,212 shares (Direct)
Footnotes (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. Represents shares issued upon achievement of the performance criteria of performance based restricted stock units (PRSUs) granted to the Reporting Person on February 14, 2025. These PRSUs vested on February 14, 2026. Restricted Stock Units (RSUs) - no purchase price for this transaction.
FAQ
What insider transactions did LSCC executive Erhaan Shaikh report?
Erhaan Shaikh reported vesting-related equity transactions. He had 1,950 and 7,085 Lattice Semiconductor common shares withheld for taxes and received 14,490 shares from performance-based restricted stock units vesting, all on February 14, 2026, resulting in 82,617 shares directly owned.
What does transaction code F mean in this LSCC Form 4 filing?
Transaction code F indicates a tax-withholding disposition. In this case, Lattice Semiconductor retained 1,950 and 7,085 shares from Erhaan Shaikh to pay tax liabilities tied to vesting restricted stock units, rather than a voluntary open-market sale of shares by the executive.