Shaikh Erhaan 4/A
4/A · LATTICE SEMICONDUCTOR CORP · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Lattice Semiconductor SVP Erhaan Shaikh Sells Shares After Award
What Happened
Erhaan Shaikh, SVP of Sales at Lattice Semiconductor (LSCC), received an incentive award of 3,211 shares on March 9, 2026 (no purchase price). To satisfy tax withholding related to that award, 1,634 shares were retained/forfeited to the issuer at an attributed value of $90.63 per share (value reported $148,089). The remaining 1,577 shares were sold in an open-market transaction on March 10, 2026 at $93.33 per share for proceeds of $147,174. Overall, this was an award issuance followed by routine tax withholding and an open-market sale, not a cash purchase.
Key Details
- Transaction dates: award on 2026-03-09; withholding (tax) recorded 2026-03-09; open-market sale 2026-03-10.
- Prices and values: Award: 3,211 shares @ $0.00 (no purchase price); Withheld: 1,634 shares @ $90.63 = $148,089; Sold: 1,577 shares @ $93.33 = $147,174.
- Shares owned after transaction: not provided in the supplied filing summary.
- Footnotes: F1–F2 indicate the shares were incentive payments under the 2025 Corporate Incentive Plan and had no purchase price; F3 notes the issuer retained shares to meet tax withholding and not in excess of the tax liability; F4: this is an amended Form 4 correcting the transaction code for the withholding from "S" to "F".
- Filing: Form 4/A (amended) filed 2026-03-11 to correct the reported transaction code.
Context
This sequence reflects a common pattern where an executive receives an equity award and a portion of shares are withheld to cover taxes, with the remainder sold in the open market. Such award-withholding plus sale transactions are routine compensation-related movements and do not by themselves indicate a buy-side signal.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-03-09+3,211→ 85,828 total - Tax Payment
Common Stock
[F3][F4]2026-03-09$90.63/sh−1,634$148,089→ 84,194 total - Sale
Common Stock
2026-03-10$93.33/sh−1,577$147,174→ 82,617 total
Footnotes (4)
- [F1]Represents the number of shares received as an incentive payment pursuant to the Company's 2025 Corporate Incentive Plan.
- [F2]Incentive payment shares - No purchase price for this transaction.
- [F3]These shares were retained by the Issuer in order to meet the tax withholding obligations of the Reporting Person. The amount retained by the Issuer was not in excess of the amount of the tax liability.
- [F4]This Form 4/A is being filed to amend the transaction code previously reported as "S" to "F" in order to accurately reflect the nature of the transaction.