Lattice Semiconductor (LSCC) SVP Desale sells 2,039 shares under 10b5-1 plan
Rhea-AI Filing Summary
Lattice Semiconductor senior vice president of R&D Pravin Desale reported an open-market sale of 2,039 shares of common stock at $142.89 per share. After this trade, he directly holds 73,519 shares.
Separately, 868 shares were withheld by the company at $142.86 per share to cover tax obligations tied to the vesting of restricted stock units, which is not an open-market sale. The open-market transaction was carried out under an approved Rule 10b5-1 trading plan, indicating it was pre-scheduled rather than opportunistic.
Positive
- None.
Negative
- None.
Insights
Routine sale and tax withholding, small relative to remaining holdings.
SVP R&D Pravin Desale sold 2,039 shares of Lattice Semiconductor common stock at $142.89 per share in an open-market transaction. He still directly owns 73,519 shares, so the sale represents a modest portion of his position.
An additional 868 shares were surrendered at $142.86 per share to satisfy tax withholding from restricted stock unit vesting, which is a mechanical, non-market event. The filing notes the sale occurred under an approved Rule 10b5-1 plan, suggesting the timing was pre-arranged rather than reactive.
Given the pre-planned nature and limited size relative to remaining holdings, this activity looks like routine portfolio and tax management rather than a major shift in insider sentiment. Subsequent filings may provide further context if larger or more frequent trades appear over time.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,039 | $142.89 | $291K |
| Tax Withholding | Common Stock | 868 | $142.86 | $124K |
Footnotes (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. The transaction indicated was conducted under an approved 10b5-1 Plan, adoption date of referenced 10b5-1(c) plan is: 02-18-2026.