Semtech Corp Director Proposes Sale of $878K in Common Stock

Executive Summary

On September 16, 2026, Semtech Corp Director Rodolpho C. Cardenuto filed a Form 144 notice indicating an intention to sell 5,321 shares of common stock through Fidelity Brokerage Services LLC. The aggregate estimated market value of the proposed transaction is $877,978.20, corresponding to an approximate share price of $165.00.

Transaction & Security Details

• Security Class: Common Stock
• Quantity: 5,321 shares
• Estimated Value: $877,978.20
• Origin of Shares: Acquired on June 3, 2026, through restricted stock unit (RSU) vesting as director compensation.
• Past 3-Month Activity: No prior sales reported in the preceding three months.

Market Impact & Significance

The proposed sale represents a negligible fraction of Semtech Corp's 93,325,626 total shares outstanding (<0.01%). Given that the shares originate from standard equity compensation vesting and represent routine liquidity management by a non-executive director, the transaction is categorized as having Low market significance.