Lattice Semiconductor (NASDAQ: LSCC) SVP has 868 shares withheld for taxes
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president of R&D Pravin Desale had 868 shares of Common Stock withheld by the company to cover tax obligations tied to the vesting of restricted stock units. The shares were valued at $90.80 each, and Desale now directly holds 79,958 shares after this tax-withholding disposition.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Desale Pravin
Role
SVP, R&D
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 868 | $90.80 | $79K |
Holdings After Transaction:
Common Stock — 79,958 shares (Direct)
Footnotes (1)
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AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Lattice Semiconductor (LSCC) report for Pravin Desale?
The filing reports a tax-withholding disposition for SVP of R&D Pravin Desale. The issuer retained shares to satisfy his tax obligations arising from the vesting of restricted stock units, rather than an open-market trade or discretionary sale of stock.
What triggered the tax-withholding disposition reported for LSCC executive Pravin Desale?
The tax-withholding disposition was triggered by the vesting of an installment of Pravin Desale’s restricted stock units. To meet his resulting tax obligations, Lattice Semiconductor retained 868 shares, as explained in the footnote to the Form 4 filing.