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LSCC (NASDAQ) notice: Executive proposes sale of 14,155 RSU shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

LSCC notice of proposed sale of Common shares via Form 144. The filing lists 14,155 shares tied to restricted stock units and shows 137,007,857 shares outstanding as of 05/20/2026. The filing also discloses two recent dispositions by Pravin Desale of 2,366 and 1,331 shares on 03/10/2026 and 03/09/2026, respectively.

Positive

  • None.

Negative

  • None.

Insights

Routine Form 144 filing reporting proposed resale of RSU-derived shares.

The filing lists 14,155 shares associated with restricted stock units and identifies the broker-dealer as Morgan Stanley Smith Barney LLC. It records the outstanding share count as 137,007,857 as of 05/20/2026, providing a context for the potential dilution scale.

Two recent dispositions by a reporting person, Pravin Desale, are recorded: 2,366 shares on 03/10/2026 for $218,642.30 and 1,331 shares on 03/09/2026 for $120,628.53. The filing is procedural; cash-flow treatment and whether sales are planned immediately are not detailed here.

Shares listed to be sold 14,155 shares tied to Restricted Stock Units dated 12/17/2025
Shares outstanding 137,007,857 shares as of 05/20/2026
Disposition by Pravin Desale 2,366 shares sold 03/10/2026 for $218,642.30
Disposition by Pravin Desale 1,331 shares sold 03/09/2026 for $120,628.53
Gross proceeds shown (aggregate example) $1,758,617.20 field adjacent to share listing in excerpt
Restricted Stock Units financial
"Securities To Be Sold | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 144 regulatory
"CONTENT TO ANALYZE: ... form_type: "144""
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Broker‑dealer financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does the LSCC Form 144 disclose about the number of shares offered?

The Form 144 lists 14,155 shares associated with restricted stock units as the securities to be sold. It shows these shares tied to RSUs dated 12/17/2025.

Who is the broker-dealer handling the proposed sale in the LSCC filing?

The filing names Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker-dealer associated with the proposed sale of 14,155 shares.

What recent insider transactions are reported in the LSCC Form 144?

The filing records two dispositions by Pravin Desale: 2,366 shares on 03/10/2026 for $218,642.30 and 1,331 shares on 03/09/2026 for $120,628.53.

How many LSCC shares were outstanding according to the filing?

The excerpt lists 137,007,857 shares outstanding as of 05/20/2026, which provides a baseline for the scale of the proposed sale.

Are the proceeds or timing of the proposed LSCC share sales specified?

The filing gives dollar amounts for past sales by an individual but does not state proceeds recipients or the timing for the proposed 14,155 share sales tied to RSUs.