Desale Pravin 4
Research Summary
AI-generated summary
Lattice Semiconductor SVP Pravin Desale Withholds 481 Shares for Taxes
What Happened
- Pravin Desale, Senior Vice President of R&D at Lattice Semiconductor (LSCC), had 481 shares withheld by the company on Feb 16, 2026 to satisfy tax withholding obligations related to a restricted stock unit vesting. The withholding was at $97.63 per share, representing $46,960 in value. This is a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-02-16, 481 shares at $97.63 each (total $46,960).
- Shares owned after transaction: Not reported in this filing.
- Footnote: Issuer retained the shares to meet the reporting person’s tax withholding; the amount retained was not in excess of the tax liability (footnote F1).
- Filing/timeliness: Form 4 filed Feb 17, 2026 for a Feb 16, 2026 transaction — no indication of a late filing.
Context
- This was a cashless/withholding action to cover taxes on RSU vesting, not an open-market sale or purchase; such withholdings are routine and typically do not signal a change in the insider’s view on the company.