Lattice Semiconductor (NASDAQ: LSCC) CFO logs ESPP buy, tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president and CFO Lorenzo Flores reported routine equity compensation-related activity. On 2026-06-30 he acquired 317 shares of common stock at $66.8525 per share through the company’s Employee Stock Purchase Plan, funded via payroll deductions.
On 2026-07-10, 577 shares of common stock valued at $137.44 per share were retained by the issuer to satisfy Flores’s tax withholding obligations upon vesting of restricted stock units, rather than sold in the open market. After these transactions, he directly holds 116,254 shares of Lattice common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Flores Lorenzo
Role
SVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 577 | $137.44 | $79K |
| Exercise | Common Stock | 317 | $66.8525 | $21K |
Holdings After Transaction:
Common Stock — 116,254 shares (Direct)
Footnotes (1)
- These shares were acquired under the Issuer's 2012 Employee Stock Purchase Plan ("ESPP") in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c). The acquisition reflects the officer's participation in the ESPP through payroll deductions during the applicable offering period. 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
ESPP shares acquired: 317 shares
ESPP purchase price: $66.8525 per share
Shares withheld for taxes: 577 shares
+2 more
5 metrics
ESPP shares acquired
317 shares
Common stock acquired on 2026-06-30 under the 2012 Employee Stock Purchase Plan at $66.8525 per share
ESPP purchase price
$66.8525 per share
Price paid for 317 common shares acquired through ESPP participation
Shares withheld for taxes
577 shares
Common stock retained by issuer on 2026-07-10 to satisfy tax withholding at $137.44 per share
Withholding valuation price
$137.44 per share
Value used for 577 shares retained to cover tax withholding on RSU vesting
Post-transaction holdings
116,254 shares
Lattice common stock directly owned by Lorenzo Flores following the 2026-07-10 tax-withholding transaction
Key Terms
Employee Stock Purchase Plan, Rule 16b-3(d), restricted stock units, tax withholding obligations
4 terms
Employee Stock Purchase Plan financial
"These shares were acquired under the Issuer's 2012 Employee Stock Purchase Plan ("ESPP")."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16b-3(d) regulatory
"in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)."
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did LSCC CFO Lorenzo Flores report?
Lorenzo Flores reported an acquisition of 317 Lattice Semiconductor (LSCC) shares through the ESPP and a 577-share tax-withholding disposition tied to RSU vesting. Both events reflect routine compensation and payroll-related activity rather than open-market trading.
Were the recent LSCC insider transactions open-market trades?
No, neither transaction was an open-market trade. One was an ESPP acquisition via payroll deductions, and the other was a tax-withholding share retention on RSU vesting, with shares kept by the issuer to cover Flores’s tax liability.