Lattice Semiconductor SVP Reports RSU Tax Withholding, 637 Shares Retained
Rhea-AI Filing Summary
Tracy Feanny, SVP and General Counsel of Lattice Semiconductor Corp (LSCC), reported two small dispositions of company common stock related to tax withholding on vested restricted stock units. On 08/16/2025 the issuer withheld 367 shares at $63.53 each to cover tax obligations, leaving the reporting person with 85,800 shares. On 08/17/2025 an additional 270 shares were withheld at $63.53 each, leaving 85,530 shares beneficially owned.
According to the filing, the shares retained by the issuer were limited to the amount necessary to meet the tax liability and were not in excess of that amount. The transactions are routine with the stated purpose of satisfying withholding from RSU vesting.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider sales were small, routine tax-withholding related dispositions and are not materially dilutive.
The filing documents withholding of 637 shares total at a price of $63.53 to satisfy taxes on RSU vesting, reducing reported beneficial ownership from 85,800 to 85,530 shares. The sizes (367 and 270 shares) represent de minimis percentages of typical executive holdings and are described as withheld by the issuer rather than voluntary open-market sales, indicating administrative tax-settlement activity rather than a signal of changed insider conviction.
TL;DR: These are administrative withholdings for tax purposes and consistent with standard equity compensation practices.
The report clarifies the withheld amounts were limited to the tax liability and not excess, which aligns with customary issuer withholding on RSU vesting. No additional derivative transactions or changes in ownership form are reported. From a governance perspective, disclosure is timely and follows Form 4 requirements; the transactions do not indicate governance or control changes.