LATTICE SEMICONDUCTOR CORP·4/A

Mar 11, 1:21 PM ET

Flores Lorenzo 4/A

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Lattice Semiconductor CFO Lorenzo Flores Receives Award, Withholds Shares

What Happened
Lorenzo Flores, SVP and Chief Financial Officer of Lattice Semiconductor (LSCC), received 4,379 shares as an incentive award on 2026-03-09 under the company's 2025 Corporate Incentive Plan (grant price $0.00). To satisfy tax withholding obligations, 2,167 of those shares were retained by the issuer at an effective value of $90.63 per share, totaling $196,395. The filing was amended to correct the transaction code to reflect tax withholding rather than a sale.

Key Details

  • Transaction dates: 2026-03-09 (reported on Form 4 filed 2026-03-11).
  • Award: 4,379 shares acquired (code A) at $0.00 (incentive award).
  • Withholding: 2,167 shares withheld/disposed (code F) at $90.63 per share, aggregate value $196,395, to satisfy tax obligations.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Footnotes: Shares were issued under the 2025 Corporate Incentive Plan; no purchase price for the award; shares retained by the issuer were not in excess of the tax liability. The Form 4 was amended to change the transaction code from "S" (sale) to "F" (tax withholding).

Context

  • This was an incentive award with a stock-withholding to cover taxes (a routine, cashless withholding mechanism), not an open-market sale. Such withholdings are common and reflect tax compliance rather than a directional insider trade.
  • The amendment clarifies reporting accuracy; it does not change the economic effect (the issuer retained shares to meet tax liabilities).