Stevens Tonya 4
Research Summary
AI-generated summary
Lattice Semiconductor (LSCC) CVP Tonya Stevens Receives Award, Sells Shares
What Happened
Tonya Stevens, CVP and Chief Accounting Officer of Lattice Semiconductor (LSCC), received 2,205 shares as an incentive award under the company's 2025 Corporate Incentive Plan and simultaneously sold 1,092 shares in an open-market transaction at $90.63 per share for proceeds of $98,968. The award shares were reported with no purchase price; the sale was a disposition to satisfy tax withholding.
Key Details
- Transaction dates: March 9, 2026 (reported on Form 4 filed March 10, 2026)
- Award: 2,205 shares (code A) — incentive payment under the 2025 Corporate Incentive Plan; no purchase price (footnotes F1, F2)
- Sale: 1,092 shares (open market, code S) at $90.63 per share — total proceeds $98,968 (footnote F3)
- Reason for sale: Non-discretionary sales to satisfy the reporting person’s tax withholding obligation (F3)
- Shares owned after transaction: Not specified in the provided summary of this Form 4
- Filing timeliness: Reported on March 10, 2026 for transactions dated March 9, 2026 (appears timely)
Context
The acquisition was an award (compensation/incentive) rather than a market purchase, and the sale was a routine withholding-related disposition — common when companies issue equity awards and cover taxes by selling some shares. These types of transactions are compensation mechanics and don’t necessarily signal insider confidence or concern about the company’s stock.