Lattice Semiconductor (LSCC) SVP has 653 shares withheld for tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president of R&D Pravin Desale reported a small tax-related share disposition. On an installment vesting of restricted stock units, the company retained 653 shares of common stock at $147.08 per share to cover his tax withholding obligations. This retention was limited to the amount of the tax liability and was not an open-market sale. After this transaction, Desale directly holds 76,426 shares of Lattice Semiconductor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Desale Pravin
Role
SVP, R&D
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 653 | $147.08 | $96K |
Holdings After Transaction:
Common Stock — 76,426 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for tax: 653 shares
Withholding share price: $147.08 per share
Shares held after transaction: 76,426 shares
+1 more
4 metrics
Shares withheld for tax
653 shares
Retained by issuer for tax withholding on RSU vesting
Withholding share price
$147.08 per share
Value assigned to 653 tax-withheld shares
Shares held after transaction
76,426 shares
Directly held by Pravin Desale following tax withholding
Tax withholding shares (summary)
653 shares
Reported as taxWithholdingShares in transaction summary
Key Terms
restricted stock units, tax withholding obligations, Common Stock, Form 4
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Lattice Semiconductor (LSCC) SVP Pravin Desale report in this Form 4?
Pravin Desale reported that 653 shares of Lattice Semiconductor common stock were retained by the company to cover his tax withholding obligations on vesting restricted stock units, leaving him with 76,426 directly held shares after the transaction.
Was the Lattice Semiconductor (LSCC) Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The company retained 653 vested shares to satisfy Pravin Desale’s tax withholding obligations related to restricted stock units, as stated in the footnote, rather than selling them on the market.