Desale Pravin 4
Research Summary
AI-generated summary
Lattice Semiconductor (LSCC) SVP Pravin Desale Withholds 653 Shares for Taxes
What Happened Pravin Desale, Senior Vice President of R&D at Lattice Semiconductor (LSCC), had 653 shares withheld by the company on 2026-05-31 to satisfy tax withholding related to the vesting of restricted stock units. The withheld shares were recorded at $147.08 per share, for an aggregate value of approximately $96,043. This was a tax-withholding/settlement of vested RSUs (transaction code F), not an open-market sale or new purchase.
Key Details
- Transaction date and price: 2026-05-31 — 653 shares withheld at $147.08 per share (~$96,043 total).
- Transaction type/code: F (share retention to satisfy tax withholding).
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: The issuer retained shares to meet the Reporting Person’s tax withholding on vested RSUs; the amount retained was not in excess of the tax liability (Footnote F1).
- Filing: Report filed 2026-06-02; no late-filing indicator was provided.
Context Share withholding to cover taxes on vested RSUs is a common administrative action by issuers and typically does not reflect a deliberate buy or sell decision by the insider. This is a neutral, routine transaction that reduces the insider’s net share count only to cover tax obligations.