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LSCC Insider Filing: Pravin Desale RSU Tax Withholding of 417 Shares

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Pravin Desale, SVP, R&D and officer of Lattice Semiconductor Corporation (LSCC), reported a transaction dated 08/16/2025 on Form 4. The filing shows 417 shares of common stock were retained by the issuer at a reported price of $63.53 under transaction code F to satisfy tax withholding obligations related to the vesting of restricted stock units. After this withholding, the reporting person beneficially owns 112,833 shares. The total beneficial ownership figure includes 446 shares acquired on June 30, 2025 under the issuer's 2012 Employee Stock Purchase Plan. The form is signed by an attorney-in-fact, Tracy Feanny, dated 08/18/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine tax-withholding on vested RSUs; no indication of open-market sale or change in control.

The Form 4 indicates a withholding event: 417 shares were retained to meet tax obligations tied to the vesting of restricted stock units. This is an administrative, non-dispositive action by the company rather than an open-market disposition by the officer, so it does not signal voluntary selling pressure from management. The reported beneficial ownership of 112,833 shares remains intact aside from the withholding, and the filing identifies the reporting person as an officer (SVP, R&D), consistent with expected equity compensation practices for senior staff.

TL;DR: Small-scale tax withholding transaction; immaterial to overall share count and investor valuation.

The transaction shows 417 shares withheld at $63.53, a modest adjustment relative to the total reported beneficial ownership. There is no indication of a market sale or acquisition beyond ESPP purchases noted (446 shares on June 30, 2025). For investors, this filing represents routine equity compensation mechanics rather than an operational or strategic development that would affect company valuation.

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*
Desale Pravin

(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, R&D
3. Date of Earliest Transaction (Month/Day/Year)
08/16/2025
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 08/16/2025 F(1) 417 D $63.53 112,833(2) 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. The total beneficial ownership of shares includes 446 shares acquired on June 30, 2025 under the Issuer's 2012 Employee Stock Purchase Plan.
/s/ Tracy Feanny, Attorney in Fact For: Pravin Desale 08/18/2025
** 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 transaction did Pravin Desale report on Form 4 for LSCC?

The filing reports that 417 shares were retained by the issuer on 08/16/2025 to satisfy tax withholding obligations related to vested restricted stock units.

At what price were the 417 shares recorded in the Form 4?

The retained shares are reported at a price of $63.53 per share in the Form 4.

How many LSCC shares does Pravin Desale beneficially own after the reported transaction?

After the transaction, the Form 4 shows beneficial ownership of 112,833 shares.

Does the Form 4 mention any purchases under an employee plan?

Yes. The filing states the total beneficial ownership includes 446 shares acquired on June 30, 2025 under the issuer's 2012 Employee Stock Purchase Plan.

Who signed the Form 4 and when was it signed?

The Form 4 is signed by Tracy Feanny, Attorney in Fact for Pravin Desale, dated 08/18/2025.
Lattice Semiconductor Corp

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HILLSBORO