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