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Lattice Semiconductor SVP Desale Sells 4,279 Shares for $452,000

Lattice Semiconductor SVP Desale Sells 4,279 Shares for $452,000

Pravin Desale, the Senior Vice President of Research and Development at Lattice Semiconductor (NASDAQ: LSCC), sold 4,279 shares of the company's common stock on September 15, 2026, for a total of approximately $452,000. This transaction, as noted in a recent SEC Form 4 filing, was executed in accordance with a Rule 10b5-1 trading plan that Desale established back in February 2026.

The trading plan allowed Desale to carry out pre-arranged trades to meet liquidity needs, independent of any future market changes or confidential information.

During this transaction, each share was priced at $105.63, which was the average sale price calculated by the SEC Form 4 filing. At the close of the market on September 15, 2026, the stock value had risen to $106.49, resulting in a post-transaction value of around $452,000 for the shares sold. Following this sale, Desale retains a direct ownership of 69,177 shares of Lattice Semiconductor, valued at approximately $7.3 million based on the market close on September 15, 2026.

This remaining stake represents about 6% of the shares held prior to the filing, indicating only a modest reduction in Desale's total equity exposure.

Lattice Semiconductor specializes in the design and distribution of Field Programmable Gate Arrays (FPGAs) and application-specific integrated circuits, with primary product families including Certus-NX, ECP, Mach, iCE40, and CrossLink. These products cater to various industries, including industrial automation, telecommunications, consumer electronics, and automotive, across global markets.

The company operates a fabless semiconductor model, leveraging its intellectual property and design expertise to develop specialized solutions while outsourcing manufacturing, which allows for efficient capital allocation and scalable operations.

With a market capitalization of $15.7 billion and $651.1 million in trailing twelve-month (TTM) revenue, Lattice Semiconductor has demonstrated solid growth and investor confidence since its establishment in 1983 in Hillsboro, Oregon. The company's strong momentum is evident in its 65% return over the year ending September 15, 2026, which significantly outpaced the 15.3% return of the S&P 500 during the same period.

Consequently, even without the pre-existing trading plan, Desale might have considered selling some shares to capitalize on the company's impressive performance. Overall, this sale appears to be a typical, routine transaction that does not raise significant concerns for shareholders.

Written by urgent.news from Yahoo Finance's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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