Elashmawi Esam 4

What Happened Esam Elashmawi, Senior Vice President, Strategy and Marketing at Lattice Semiconductor (LSCC), reported two related equity transactions. On 2026-06-30 Elashmawi acquired 317 shares via the exercise/conversion of a derivative at $66.85 per share (total value $21,192). On 2026-07-10 515 shares were disposed/withheld at $137.44 per share (total value $70,782) to satisfy tax withholding obligations connected to a vesting event.

These actions include a purchase-like event (exercise/acquisition) and a tax-withholding disposition. Purchases can be interpreted as a buy signal for retail investors, while tax withholding (shares retained by the issuer) is a routine administrative step and not an open-market sale.

Key Details

• Transaction dates and amounts:
  • 2026-06-30: Exercise/conversion (Code M) — 317 shares @ $66.85, $21,192 (acquired).
  • 2026-07-10: Payment of exercise price/tax liability (Code F) — 515 shares @ $137.44, $70,782 (disposed/withheld).
• Footnotes:
  • F1: The acquired shares reflect participation in the Issuer’s 2012 Employee Stock Purchase Plan (ESPP) and were exempt under Rule 16b-3(c)/(d).
  • F2: The 515 shares were retained by the issuer to satisfy the reporting person’s tax withholding on a vesting installment of restricted stock units; the amount retained was not in excess of the tax liability.
• Shares owned after the transactions: not specified in the provided filing.
• Filing timeliness: The Form 4 was filed on 2026-07-14. Because Form 4s are generally due within two business days of each transaction date, this filing appears later than the usual reporting window for the 6/30 and 7/10 events.

Context

• Code M denotes exercise or conversion of a derivative (commonly option exercise); Code F here denotes shares surrendered/withheld to cover tax obligations rather than an open-market sale. The 515 withheld shares were not necessarily sold into the market but were retained by the company to satisfy withholding.
• Such withholding to cover taxes on RSU vesting is routine and does not by itself indicate a change in insider sentiment. The net share change across these reported actions is a decrease of 198 shares (317 acquired vs. 515 withheld), but overall beneficial ownership after the events was not disclosed in the supplied data.