Flores Lorenzo 4

What Happened

• Lorenzo Flores, Senior Vice President and Chief Financial Officer of Lattice Semiconductor, received 29,548 performance-based restricted stock units (PRSUs) that vested on Feb 10, 2026. The PRSUs were issued at no purchase price.
• To satisfy tax-withholding obligations tied to the vesting, the issuer retained 18,247 shares (value $1,659,565) and 14,612 shares (value $1,328,961) at a withholding price of $90.95 per share — a total of 32,859 shares retained and approximately $2,988,526 in withholding value. These retained shares are recorded as dispositions (code F) but represent tax withholding, not an open-market sale.

Key Details

• Transaction date: February 10, 2026. Filing date: February 12, 2026 (filed within the standard Form 4 window).
• Award/Acquisition: 29,548 PRSUs vested (code A); no purchase price (RSUs/PRSUs).
• Withholding/Disposition: 18,247 and 14,612 shares retained by the issuer to meet tax withholding (code F) at $90.95 per share; total withheld = 32,859 shares (~$2.99M).
• Shares owned after transaction: Not disclosed in the information provided in this summary.
• Footnotes: F1 notes issuer-retained shares were exactly to meet tax obligations (not in excess); F2 confirms PRSUs were performance-based and vested on 2/10/2026; F3 notes RSUs have no purchase price.

Context

• This filing primarily reflects the vesting of performance-based awards and routine tax withholding via share retention — not an open-market sale or purchase that signals direct buying/selling intent.
• For retail investors, award vesting indicates compensation realization by the executive; the withheld shares are a standard administrative step to cover taxes and should not be interpreted as an independent bearish or bullish trade.