The sale, disclosed in a Form 4 filing with the U.S. Securities and Exchange Commission, was priced at an average of $105.63 per share, slightly below the closing price of $106.49 on the day of the transaction.
Desale’s 10b5‑1 plan, put in place on Feb. 18, 2026, allows insiders to schedule trades in advance, insulating the transactions from any later market movements or non‑public information.
At the time of the sale, Lattice Semiconductor’s stock had posted a 65% total return for the twelve‑month period ending Sept. 15, 2026, and was trading at $110.96, up 2.24% on the day.
Following the disposition, Desale retained ownership of 69,177 shares, valued at about $7.3 million based on the same closing price, representing roughly 94% of his pre‑sale holding.
The shares sold accounted for approximately 6% of Desale’s total position before the filing, indicating a modest reduction in his equity exposure rather than a major divestiture.
Analysts note that the pre‑arranged nature of the trade and the continued sizable stake suggest the transaction is routine and does not signal a lack of confidence in the company’s prospects.