Lattice Semiconductor (NASDAQ: LSCC) SVP has 680 shares withheld for RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president of marketing and strategy Esam Elashmawi reported a routine tax-related share disposition. On this date, 680 shares of Common Stock were withheld at $147.08 per share to cover his tax obligations from the vesting of restricted stock units. These shares were retained by the company, and Elashmawi continues to hold 172,391 shares of Lattice Semiconductor Common Stock directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Elashmawi Esam
Role
SVP Mktg & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 680 | $147.08 | $100K |
Holdings After Transaction:
Common Stock — 172,391 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 680 shares
Withholding price: $147.08 per share
Shares held after transaction: 172,391 shares
3 metrics
Shares withheld for taxes
680 shares
Withheld to cover tax on RSU vesting
Withholding price
$147.08 per share
Value used for 680-share tax withholding
Shares held after transaction
172,391 shares
Direct holdings after tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, Common Stock, tax-withholding disposition
4 terms
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"
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did Lattice Semiconductor (LSCC) report for Esam Elashmawi?
Lattice Semiconductor reported that SVP Esam Elashmawi had 680 shares withheld to pay taxes on vesting restricted stock units. The company retained these shares, and this was characterized as a tax-withholding disposition rather than an open-market stock sale.
Does the Esam Elashmawi Form 4 reflect an open-market sale of LSCC stock?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were retained by Lattice Semiconductor to satisfy Esam Elashmawi’s tax obligations arising from restricted stock unit vesting, and the amount withheld did not exceed the related tax liability.
What is the meaning of a tax-withholding disposition in the LSCC Form 4?
A tax-withholding disposition means shares are withheld by the company to pay income tax due on equity awards. In this case, Lattice Semiconductor retained 680 shares from Esam Elashmawi’s restricted stock unit vesting, and the number withheld did not exceed his related tax liability.