ESPP share acquisition and tax withholding at LATTICE SEMICONDUCTOR CORP (LSCC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LATTICE SEMICONDUCTOR CORP SVP of Strategy and Marketing Esam Elashmawi acquired 317 shares of common stock at $66.8525 per share through the company’s Employee Stock Purchase Plan, funded by payroll deductions and exempt under Rule 16b-3.
To cover tax on restricted stock unit vesting, the issuer withheld 515 shares valued at $137.44 per share. Following these plan-related transactions, Elashmawi directly holds 172,193 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Elashmawi Esam
Role
SVP, Strategy and Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 515 | $137.44 | $71K |
| Exercise | Common Stock | 317 | $66.8525 | $21K |
Holdings After Transaction:
Common Stock — 172,193 shares (Direct)
Footnotes (1)
- These shares were acquired under the Issuer's 2012 Employee Stock Purchase Plan ("ESPP") in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c). The acquisition reflects the officer's participation in the ESPP through payroll deductions during the applicable offering period. 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.
Key Figures
ESPP shares acquired: 317 shares
ESPP purchase price: $66.8525 per share
Shares withheld for taxes: 515 shares
+2 more
5 metrics
ESPP shares acquired
317 shares
Common stock acquired through the 2012 Employee Stock Purchase Plan via payroll deductions.
ESPP purchase price
$66.8525 per share
Price per share for the 317 ESPP shares acquired on 2026-06-30.
Shares withheld for taxes
515 shares
Common shares retained by the issuer to satisfy tax on RSU vesting on 2026-07-10.
Tax-withholding share value
$137.44 per share
Per-share value applied to the 515 shares withheld for RSU tax obligations.
Direct holdings after transactions
172,193 shares
Common stock directly held by Esam Elashmawi following the July 10, 2026 transaction.
Key Terms
Employee Stock Purchase Plan, restricted stock units, tax withholding obligations, Rule 16b-3(d), +1 more
5 terms
Employee Stock Purchase Plan financial
"These shares were acquired under the Issuer's 2012 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
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"
Rule 16b-3(d) regulatory
"in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
Rule 16b-3(c) regulatory
"in a transaction that was exempt under both Rule 16b-3(d) and Rule 16b-3(c)"
An SEC rule that lets corporate insiders avoid automatic "short‑swing" profit recovery when they buy or sell their company’s stock under a pre‑approved, written plan that meets specific conditions. For investors, it matters because it clarifies when insider trades are treated as routine, reducing legal uncertainty and helping distinguish trades made for ordinary compensation or pre‑planned reasons from those that might signal opportunistic or timely insider advantage.
FAQ
What insider transactions did Esam Elashmawi report for LSCC?
Esam Elashmawi reported two plan-related transactions: acquisition of 317 common shares via the Employee Stock Purchase Plan at $66.8525 per share, and a tax-withholding disposition where 515 shares at $137.44 were retained by Lattice Semiconductor to cover RSU tax obligations.
Were the recent LSCC insider transactions open-market trades?
No. The 317-share acquisition came through the Employee Stock Purchase Plan funded by payroll deductions, and the 515-share disposition was issuer tax withholding on restricted stock unit vesting. Neither transaction represents a discretionary open-market purchase or sale of LSCC shares.