Desale Pravin 4
Research Summary
AI-generated summary
Lattice Semiconductor (LSCC) SVP Desale Pravin Sells 14,155 Shares
What Happened Desale Pravin, SVP of R&D at Lattice Semiconductor (LSCC), sold a total of 14,155 shares in multiple open-market transactions on May 20, 2026, generating approximately $1,899,993 in proceeds. Individual tranches ranged from 200 to 3,700 shares at reported weighted-average prices between $127.05 and $138.65 per share. All sales are coded as S (sale) and were executed under an approved 10b5-1 trading plan.
Key Details
- Transaction date: May 20, 2026; Form 4 filed May 21, 2026 (timely filing).
- Total shares sold: 14,155; approximate total proceeds: $1,899,993 (~$1.90M).
- Reported tranche examples (share / weighted‑avg price / proceeds):
- 3,700 @ $133.55 = $494,119
- 1,900 @ $134.66 = $255,848
- 1,700 @ $135.53 = $230,397
- plus smaller tranches from 200 to 1,500 shares at $127.05–$137.69.
- Footnotes: Transactions were made under a 10b5-1 plan adopted 02-18-2026 (F1). Several sales were executed in multiple trades; the filing reports weighted-average prices and includes ranges for those trades (F2–F12). The reporting person offers to provide per-trade breakdowns on request.
- Shares owned after the transactions: not specified in the supplied excerpt.
Context These were outright sales under a pre-established 10b5-1 plan, which typically indicates scheduled, prearranged dispositions rather than ad-hoc trades based on current company information. Sales do not necessarily signal negative company outlook; they are often used for diversification or liquidity. Retail investors should note this is an executive sale (not a purchase) and, absent further ownership data, should not infer changes in insider conviction from this filing alone.