4Filed Aug 10, 8:00 PM ET
Lattice Semiconductor (LSCC) CFO Lorenzo Flores Surrenders 2,741 Shares
$LSCC · LATTICE SEMICONDUCTOR CORPResearch Summary
AI-generated summary of this SEC filing
Lattice Semiconductor (LSCC) CFO Lorenzo Flores Surrenders 2,741 Shares
What Happened
- Lorenzo Flores, SVP and Chief Financial Officer of Lattice Semiconductor (LSCC), had 2,741 shares withheld by the company to satisfy tax withholding related to the vesting of restricted stock units. The shares were recorded as disposed at $128.32 per share, totaling approximately $351,725.
- This was a tax-withholding (code F) transaction tied to RSU vesting — a routine administrative action, not an open-market sale or purchase.
Key Details
- Transaction date and price: 2026-08-10 at $128.32 per share.
- Shares involved: 2,741 shares; aggregate value ≈ $351,725.
- Transaction type: F — shares retained by the issuer to meet tax withholding on vested RSUs.
- Footnote: Issuer retained shares to satisfy the reporting person's tax liability; amount retained did not exceed the tax obligation (per filing footnote F1).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Reported on 2026-08-11 for the 2026-08-10 transaction — filed promptly (not marked late).
Context
- Tax-withholding via share retention is common when RSUs vest: the company keeps a portion of vested shares to cover taxes (sometimes called a cashless or share-withholding settlement). It is procedural and does not by itself signal insider buying or selling intent in the open market.
- For investors: purchases by insiders can be more informative of confidence; tax-withholding disposals are routine and primarily administrative.