Lattice SVP covers taxes with 2,718 withheld shares
Lattice Semiconductor senior vice president of marketing and strategy Esam Elashmawi reported a Form 4 transaction involving company common stock.
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president of marketing and strategy Esam Elashmawi reported a Form 4 transaction involving company common stock. On this date, 2,718 shares were retained by the issuer at $95.62 per share to satisfy tax withholding related to the vesting of restricted stock units. After this tax-withholding disposition, Elashmawi directly holds 199,192 shares of Lattice Semiconductor common stock.
Positive
- None.
Negative
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Insider Trade Summary
Exercise Price or Tax Liability: 2,718 shares
Exercise Price or Tax Liability
1 txn
Insider
Elashmawi Esam
Role
SVP Mktg & Strategy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,718 | $95.62 | $260K |
Holdings After Transaction:
Common Stock — 199,192 shares (Direct)
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LSCC executive Esam Elashmawi report on this Form 4?
Esam Elashmawi reported a tax-withholding disposition of 2,718 shares of Lattice Semiconductor common stock. The shares were retained by the issuer to cover tax obligations tied to the vesting of restricted stock units, rather than sold in an open-market transaction.
Was the LSCC Form 4 transaction by Esam Elashmawi an open-market sale?
The transaction was not an open-market sale; it was a tax-withholding disposition. Lattice Semiconductor retained 2,718 shares to meet Elashmawi’s tax liability from vesting restricted stock units, and the amount retained did not exceed the associated tax obligation.
What does transaction code F mean in Esam Elashmawi’s LSCC Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 2,718 Lattice Semiconductor shares were retained by the issuer to satisfy Esam Elashmawi’s tax withholding from restricted stock unit vesting, instead of a cash tax payment.
AI-generated analysis. How Rhea-AI works. Not financial advice.