Lattice Semiconductor SVP Pravin Desale offloaded 4,279 shares in a routine, pre-planned transaction, retaining a significant $7.3 million stake in the semiconductor firm.
Insider sale of 4,279 shares via pre-arranged 10b5-1 plan, representing 6% of insider's stake, considered routine given stock's strong performance.
Lattice Semiconductor SVP of R&D, Pravin Desale, sold 4,279 shares of common stock on September 15, 2026, for approximately $452,000. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan established in February 2026, representing only 6% of the executive's total holdings. The sale follows a period of strong market performance for the company, which has seen shares surge 54.8% year-to-date.
The sale was executed under a pre-established Rule 10b5-1 trading plan, which allows insiders to schedule trades in advance to meet liquidity needs regardless of market conditions.
No, the transaction is considered routine. The executive only sold 6% of their total holdings and the plan was established months prior, suggesting the sale is not based on non-public information.