Semtech Director Rodolpho Cardenuto Liquidates Entire Direct Common Stock Holding
SEMTECH CORP
Subscribe to track SMTC
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
# Insider Sale: SEMTECH CORP ($SMTC)
**Insider:** Cardenuto Rodolpho C (Director)
**Action:** Sold 5,321 shares at $165.00 (Total: $877,978.30)
**Remaining Stake:** 0 shares (100% direct position liquidated)
**Rule 10b5-1 Plan:** No
Comprehensive Analysis
Executive Summary
On September 16, 2026, Semtech Corp ($SMTC) Director Rodolpho C. Cardenuto sold 5,321 shares of Common Stock at a weighted average price of $165.0025, generating approximately $877,978 in gross proceeds. Notably, the transaction fully liquidated his direct ownership in the company down to zero shares.
Transaction Details
- Security: Common Stock
- Date: September 16, 2026
- Transaction Code: S (Open market sale)
- Shares Sold: 5,321
- Execution Price: $165.0025 (price range: $165.00 to $165.030)
- Transaction Value: $877,978.30
- Post-Transaction Direct Ownership: 0 shares
- Rule 10b5-1 Trading Plan: Not indicated (
aff10b5Oneis marked 0)
Strategic Implications
While the gross dollar volume of ~$878K is modest relative to Semtech's market capitalization, complete liquidations by board members warrant attention. The fact that the sale was executed without an indicated Rule 10b5-1 pre-arranged trading plan accentuates the discretionary nature of the disposal.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.