STOCK TITAN

Lattice (LSCC) Officer Surrenders Shares for Tax Withholding; 330k Owned

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

Rhea-AI Filing Summary

Lattice Semiconductor director and SVP of Marketing & Strategy Esam Elashmawi reported two dispositions of common stock on August 16-17, 2025 at $63.53 per share. The filing shows 592 shares were surrendered on August 16 and 437 shares on August 17 to satisfy tax withholding related to vesting of restricted stock units, leaving beneficial ownership of 331,099 shares after the first transaction and 330,662 after the second. The report notes 446 shares acquired June 30, 2025 under the company ESPP are included in the total. The Form 4 was signed by an attorney-in-fact.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Insider sold shares only to cover RSU tax withholding; remaining stake stays large, so disclosure is routine, not material.

The transactions are coded as withheld-to-cover (F), not open-market sales, indicating the company retained shares to meet tax obligations on vested RSUs at $63.53 each. Aggregate reductions (1,029 shares) are small relative to the reported holdings (~330k shares). Inclusion of 446 ESPP shares clarifies components of beneficial ownership. For investors, this is a routine administrative disposition rather than an indication of a change in insider conviction.

TL;DR: The Form 4 correctly discloses tax-withholding dispositions and maintains transparency on beneficial ownership composition.

The filing identifies the reporting person as both an officer and director and documents the retained shares were only to satisfy tax liabilities from RSU vesting, per the explanatory footnote. The signature by an attorney-in-fact is properly provided. No derivative transactions are reported. This is a routine compliance filing with no new governance concerns disclosed.

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*
Elashmawi Esam

(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 Mktg & Strategy
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) 592 D $63.53 331,099(2) D
Common Stock 08/17/2025 F(1) 437 D $63.53 330,662 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: Esam Elashmawi 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 transactions did Esam Elashmawi report on Form 4 for LSCC?

The filing reports two dispositions on 08/16/2025 (592 shares) and 08/17/2025 (437 shares) at a price of $63.53 per share.

Why were shares disposed of in the reported Form 4 for LSCC?

The explanatory note states the shares were retained by the issuer to meet tax withholding obligations related to the vesting of restricted stock units.

How many shares does the reporting person beneficially own after the transactions?

The Form 4 shows 331,099 shares after the August 16 transaction and 330,662 shares after the August 17 transaction.

Are any ESPP shares included in the reported beneficial ownership?

Yes, 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 on behalf of Esam Elashmawi?

The Form 4 was signed by Tracy Feanny, Attorney in Fact for Esam Elashmawi on 08/18/2025.
Lattice Semiconductor Corp

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Semiconductors
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United States
HILLSBORO