Lattice Semiconductor (LSCC) SVP awarded 11,605 RSUs of common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shaikh Erhaan reported acquisition or exercise transactions in this Form 4 filing.
Lattice Semiconductor SVP of Sales Erhaan Shaikh reported an equity grant of 11,605 shares of common stock in the form of Restricted Stock Units (RSUs). The RSUs were awarded at no cash cost per share and are structured to vest gradually over time.
According to the vesting schedule, one-twelfth of the RSUs will vest on the date that is three months after the effective date of April 10, 2026, with an additional one-twelfth vesting on each three-month anniversary thereafter. Following this grant, Shaikh directly holds 94,222 shares of Lattice Semiconductor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shaikh Erhaan
Role
SVP, Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 11,605 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 94,222 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 11,605 shares
Price per share: $0.00 per share
Total shares after grant: 94,222 shares
+2 more
5 metrics
RSUs granted
11,605 shares
Restricted Stock Units granted to SVP of Sales
Price per share
$0.00 per share
Transaction price for RSU grant
Total shares after grant
94,222 shares
Direct holdings following the RSU award
Initial vesting trigger date
April 10, 2026
Effective Date used to calculate RSU vesting schedule
Vesting structure
1/12 every 3 months
RSUs vest in twelve installments, quarterly after effective date
Key Terms
Restricted Stock Units (RSUs), vest, three (3) month anniversary, Grant, award, or other acquisition
4 terms
Restricted Stock Units (RSUs) financial
"Represents a grant of Restricted Stock Units (RSUs) which vest as follows"
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vest financial
"one-twelfth (1/12) of the RSUs shall vest on the date"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
three (3) month anniversary financial
"on each successive three (3) month anniversary thereafter"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Lattice Semiconductor (LSCC) report for Erhaan Shaikh?
Lattice Semiconductor reported that SVP of Sales Erhaan Shaikh received a grant of 11,605 Restricted Stock Units (RSUs) of common stock. This grant was recorded at a price of $0.00 per share, indicating a compensation-related equity award rather than a market purchase.
How do the 11,605 RSUs granted to LSCC executive Erhaan Shaikh vest?
The 11,605 RSUs granted to Erhaan Shaikh vest in twelve equal installments. One-twelfth vests on the date three months after the effective date of April 10, 2026, and another one-twelfth vests on each successive three-month anniversary until all units are vested.
Was the Lattice Semiconductor (LSCC) RSU grant to Erhaan Shaikh an open-market stock purchase?
No, the transaction was not an open-market stock purchase. It is coded as an "A" transaction, described as a grant, award, or other acquisition, with a transaction price of $0.00 per share, indicating it is an equity compensation award rather than a market buy.
What role does Erhaan Shaikh hold at Lattice Semiconductor (LSCC) in this Form 4?
In this Form 4, Erhaan Shaikh is identified as an officer of Lattice Semiconductor, serving as Senior Vice President (SVP) of Sales. The reported RSU grant reflects equity awarded in connection with his executive role at the company.