Elashmawi Esam 4
Research Summary
AI-generated summary
Lattice Semiconductor (LSCC) SVP Esam Elashmawi Sells Shares
What Happened
- Esam Elashmawi, SVP of Marketing & Strategy at Lattice Semiconductor, received 4,637 shares as an incentive award and simultaneously sold 2,360 shares in an open-market transaction. The sale was at $90.63 per share for total proceeds of $213,887. The award shares were granted with no purchase price.
Key Details
- Transaction dates: 2026-03-09 (award and sale); Form 4 filed 2026-03-10 (timely).
- Award: 4,637 shares granted under the Company’s 2025 Corporate Incentive Plan (no purchase price) (Footnotes F1, F2).
- Sale: 2,360 shares sold at $90.63 each, proceeds $213,887; sale was non-discretionary to satisfy the reporting person's tax withholding obligation (Footnote F3).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction codes: A = Award/Grant; S = Sale. Filing appears timely (no lateness indicated).
Context
- The award (A) is an incentive payment, not a market purchase; the sale (S) was reported as a routine, non-discretionary transaction to satisfy tax withholding and is commonly viewed as administrative rather than a signal of insider sentiment.