Desale Pravin 4

What Happened

• Pravin Desale, SVP of R&D at Lattice Semiconductor, disposed of a total of 2,907 shares in two related transactions. On 2026-06-12 he sold 2,039 shares in an open-market trade at $142.89 for proceeds of $291,353. On 2026-06-11 the issuer retained 868 shares to satisfy tax withholding related to vesting (reported as a disposition) at $142.86, valued at $124,002. Combined proceeds/consideration were about $415,355. These are sales/withholding (not purchases), which are typically routine insider dispositions.

Key Details

• Transaction dates and prices:
  • 2026-06-11: 868 shares withheld for taxes at $142.86 (value $124,002) — tax withholding (code F).
  • 2026-06-12: 2,039 shares sold open market at $142.89 (proceeds $291,353) — sale (code S).
• Total shares disposed: 2,907; total value ≈ $415,355.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Shares were retained by the issuer to meet the Reporting Person’s tax withholding obligations; amount retained did not exceed the tax liability.
  • F2: The open-market sale was executed under an approved 10b5-1 trading plan adopted 02-18-2026.
• Filing timeliness: filing covers transactions on 06-11–06-12 and was filed 06-12/period 06-11 — not indicated as late in the provided data.

Context

• The 868-share entry is a share-withholding to cover taxes on vesting (common and not a market-sale), while the 2,039-share trade was an open-market sale under a pre-approved 10b5-1 plan (a pre-arranged plan that can limit immediate interpretability of intent).
• For retail investors, routine insider sales do not necessarily signal a change in company outlook; purchases are generally more informative about insider conviction.