LATTICE SEMICONDUCTOR CORP·4

Feb 19, 5:22 PM ET

Elashmawi Esam 4

Research Summary

AI-generated summary

Updated

Lattice Semiconductor SVP Esam Elashmawi Receives Award & Transfers Shares

What Happened
Esam Elashmawi, SVP of Marketing & Strategy at Lattice Semiconductor (LSCC), received 11,936 performance-based restricted stock units (PRSUs) that vested on Feb 17, 2026. To satisfy tax withholding, the issuer retained a total of 6,963 vested shares (carried as dispositions) with an aggregate value of about $678,771. Separately, Elashmawi transferred 117,694 shares to his former spouse; he no longer reports beneficial ownership of those shares.

Key Details

  • Transaction dates and prices:
    • 2026-02-17: 11,936 shares issued (PRSUs) @ $0.00 (vested; F2/F3) — no cash paid.
    • 2026-02-17: 438 shares withheld @ $97.50 = $42,705 (tax withholding; F1).
    • 2026-02-17: 6,074 shares withheld @ $97.50 = $592,215 (tax withholding; F1).
    • 2026-02-18: 451 shares withheld @ $97.23 = $43,851 (tax withholding; F1).
    • 2026-02-18: 117,694 shares transferred to former spouse @ $0.00 (disposition; F4).
  • Shares owned after the transactions are not specified in the Form 4; the reporting person no longer reports beneficial ownership of the 117,694 shares transferred to his former spouse.
  • Footnotes: withholding shares were retained by the issuer to meet tax obligations (not in excess of the tax liability); 11,936 shares were PRSUs that vested upon achievement of performance criteria; RSUs carry no purchase price; the 117,694-share transfer was to a former spouse.
  • Filing: Form 4 was filed Feb 19, 2026 (covering Feb 17–18 transactions); the filing indicates routine vesting/tax withholding and a transfer — not an open-market sale.

Context
This filing reflects vesting of performance-based equity and routine share withholding to cover taxes (a common, administrative action), plus a private transfer to a former spouse (a disposition that does not necessarily reflect trading intent). There were no open-market purchases or market sales reported in this filing.