Desale Pravin 4
Research Summary
AI-generated summary
Lattice Semiconductor (LSCC) SVP Pravin Desale Sells Shares, Receives Award
What Happened
- Pravin Desale, SVP of R&D at Lattice Semiconductor, received an incentive award of 3,697 shares on 2026-03-09 (no purchase price) and then sold those shares in two open-market transactions to satisfy tax withholding.
- Sales: 1,331 shares sold on 2026-03-09 at $90.63 for $120,629, and 2,366 shares sold on 2026-03-10 at $92.41 for $218,642. Total proceeds ≈ $339,271. The award is reported as an acquisition at $0 (incentive payment).
Key Details
- Transaction dates/prices: 03-09/1,331 shares @ $90.63; 03-10/2,366 shares @ $92.41; award dated 03-09 for 3,697 shares @ $0.
- Shares acquired (award): 3,697; shares disposed: 3,697 (1,331 + 2,366).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1/F2 indicate these were incentive payment shares under the 2025 Corporate Incentive Plan with no purchase price; F3 states the sales were non‑discretionary to satisfy the reporting person's tax withholding obligation.
- Filing: Report filed 2026-03-10 covering transactions on 03-09–03-10 (appears reported promptly).
Context
- This filing reflects an award of incentive shares and immediate sales to cover taxes — a common, routine outcome of equity compensation. Such tax-withholding sales generally do not by themselves indicate the insider’s view on the company’s prospects.