Desale Pravin 4
Research Summary
AI-generated summary
Lattice Semiconductor (LSCC) SVP Pravin Desale Receives Award
What Happened
- Pravin Desale, Senior Vice President, R&D at Lattice Semiconductor, was granted 11,869 restricted stock units (RSUs) on 2026-04-09. The award is recorded at $0 (no cash purchase). This is an equity grant (award), not a sale or open-market purchase.
Key Details
- Transaction date and price: Grant recorded 2026-04-09 at $0.00 per share (code A = award/grant).
- Filing date: Form 4 filed 2026-04-13 — appears to be within the two business-day reporting window.
- Shares owned after transaction: Not specified in the filing.
- Footnote (vesting): The RSUs vest in 12 equal installments of 1/12 each, with the first installment vesting three months after the Effective Date of 4/10/2026, then on each successive three-month anniversary (effectively quarterly over 3 years).
- No 10b5-1, sale, exercise, or tax-withholding details were reported in this filing.
Context
- RSU grants are standard compensation for executives and are subject to time-based vesting; they do not represent an immediate cash gain unless and until vested and sold. This award is not a market purchase (which some investors view as a stronger bullish signal). Monitor future Form 4s for vesting completions or subsequent sales.