4Filed Aug 16, 8:00 PM ET

Lattice Semiconductor (LSCC) SVP Pravin Desale Shares Withheld for Taxes

$LSCC · LATTICE SEMICONDUCTOR CORP

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Lattice Semiconductor (LSCC) SVP Pravin Desale Shares Withheld for Taxes

What Happened

  • Pravin Desale, Senior Vice President, R&D at Lattice Semiconductor, had 593 shares retained by the issuer on 2026-08-16 to satisfy tax withholding related to the vesting of restricted stock units. The withholding was executed at $130.46 per share for a total value of approximately $77,363. This was a tax-withholding action (code F), not an open-market sale or purchase by the insider.

Key Details

  • Transaction date and price: 2026-08-16, 593 shares at $130.46 each (total ≈ $77,363).
  • Shares owned after transaction: not specified in the provided filing.
  • Footnote: The issuer retained the shares to meet the Reporting Person’s tax withholding obligation for the RSU vesting; the amount retained was not in excess of the tax liability (Footnote F1).
  • Filing timeliness: Report filed 2026-08-17 for the 2026-08-16 transaction — appears timely.

Context

  • This was a routine tax-withholding event associated with RSU vesting (sometimes called a "cashless" or share-withholding settlement) and does not represent an insider-initiated sale for liquidity. Such withholding is common and should be viewed as administrative, not necessarily an indicator of the insider’s market view.