Tamer Ford 4
Research Summary
AI-generated summary
Lattice Semiconductor (LSCC) CEO Tamer Ford Sells Shares, Receives Award
What Happened
- Tamer Ford, President & CEO and a director of Lattice Semiconductor (LSCC), received 9,682 shares as an incentive award and concurrently sold 3,544 shares in an open-market transaction.
- The award shares were granted at $0 (incentive payment under the company's 2025 Corporate Incentive Plan). The sale was at $90.63 per share, generating proceeds of $321,193.
- The sale was reported as a non-discretionary transaction to satisfy the reporting person's tax withholding obligation, so it was not a voluntary market-timing sale.
Key Details
- Transaction dates: both transactions reported for 2026-03-09; Form 4 filed 2026-03-10 (appears timely).
- Award: 9,682 shares acquired, $0 purchase price (incentive payment under 2025 Corporate Incentive Plan). (Footnotes F1, F2)
- Sale: 3,544 shares disposed at $90.63/share for $321,193. (Footnote F3: non-discretionary sale to satisfy tax withholding)
- Shares owned after transaction: not specified in the details provided in your prompt / not disclosed here.
- Transaction types: A = award/grant (acquisition), S = open-market sale; F = tax withholding explanation.
Context
- The award is an incentive compensation grant (no cash paid) and represents an acquisition of shares rather than a market purchase. Such awards are routine as part of executive compensation.
- The simultaneous sale was used to cover tax withholding on the award and is commonly seen after equity awards; it should not necessarily be interpreted as a broader sell signal by the insider.