Tamer Ford 4
Research Summary
AI-generated summary
Lattice Semiconductor CEO Tamer Ford Withholds 1,566 Shares for Taxes
What Happened
- Tamer Ford, President & CEO and Director of Lattice Semiconductor (LSCC), had 1,566 shares disposed/withheld to satisfy tax withholding related to the vesting of restricted stock units. The withholding was at $137.44 per share, totaling approximately $215,231.
- This was not an open-market sale but a company retention of shares to cover tax obligations (transaction code F), a routine administrative action tied to RSU vesting rather than a discretionary sale.
Key Details
- Transaction date: 2026-07-10; Form 4 filed with the SEC on 2026-07-14 (timely within required business days).
- Price per share: $137.44; Shares withheld/disposed: 1,566; Total value: ~$215,231.
- Shares owned after the transaction: not specified in the provided filing.
- Footnote: The issuer retained shares to meet the reporting person’s tax withholding obligations for an RSU vesting installment; the amount retained did not exceed the tax liability (per F1).
- Transaction type: Tax withholding/net share settlement (code F), not a market sale.
Context
- Net share settlements for tax withholding are common when restricted stock units vest; they do not necessarily indicate a change in insider sentiment because the shares are retained by the company to satisfy taxes rather than sold on the open market.
- This filing reflects routine executive compensation administration rather than a purchase or voluntary sale.