Shaikh Erhaan 4
4 · LATTICE SEMICONDUCTOR CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Lattice Semiconductor (LSCC) SVP Erhaan Shaikh Receives PRSUs; Shares Withheld
What Happened
- Erhaan Shaikh, Senior Vice President, Sales at Lattice Semiconductor, received 14,490 shares upon vesting of performance-based restricted stock units (PRSUs) on 2026-02-14 (no purchase price). To satisfy tax withholding obligations related to the vesting, the issuer retained (disposed) a total of 9,035 shares (1,950 and 7,085) at a reported price of $97.63 per share, totaling roughly $882,088 in share value retained.
Key Details
- Transaction date: February 14, 2026; filing date: February 17, 2026.
- Award: 14,490 shares issued on vesting of PRSUs (no cash paid by the insider).
- Withheld/retained shares for taxes: 1,950 shares ($190,379) and 7,085 shares ($691,709) at $97.63 each; combined ≈ $882,088.
- Footnotes:
- F1: Shares retained by the issuer to meet the reporting person’s tax withholding obligations (not in excess of tax liability).
- F2: Shares issued upon achievement of performance criteria for PRSUs granted 2025-02-14; vested 2026-02-14.
- F3: RSUs—no purchase price for the transaction.
- Shares owned after the transaction: not stated in the provided excerpt.
Context
- This was an issuance/vesting of equity (award), not an open-market sale. The retained shares were used solely to cover tax withholding — a routine administrative step often seen when RSUs/PRSUs vest and does not necessarily indicate the insider is reducing net holdings.
- Performance RSUs vest upon attainment of specified goals; these PRSUs vested based on their performance criteria.
Insider Transaction Report
Form 4
Shaikh Erhaan
SVP, Sales
Transactions
- Tax Payment
Common Stock
[F1]2026-02-14$97.63/sh−1,950$190,379→ 75,212 total - Award
Common Stock
[F2][F3]2026-02-14+14,490→ 89,702 total - Tax Payment
Common Stock
[F1]2026-02-14$97.63/sh−7,085$691,709→ 82,617 total
Footnotes (3)
- [F1]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.
- [F2]Represents shares issued upon achievement of the performance criteria of performance based restricted stock units (PRSUs) granted to the Reporting Person on February 14, 2025. These PRSUs vested on February 14, 2026.
- [F3]Restricted Stock Units (RSUs) - no purchase price for this transaction.
Signature
/s/ Tracy Feanny, Attorney in Fact For: Erhaan Shaikh|2026-02-17