Semtech Corp Officer Files Form 144 to Sell 967 Shares Under 10b5-1 Plan
SEMTECH CORP
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Filing Summary
Form 144 Notice of Proposed Sale of Securities • Issuer: SEMTECH CORP ($SMTC) • Filer: Mark Lin (Officer) • Shares to Sell: 967 Common shares • Aggregate Value: $172,967.29 (~$178.87/share) • Broker: Fidelity Brokerage Services LLC • Plan Adoption Date: June 29, 2026 • Acquisition Source: Restricted Stock Vesting (10/01/2026)
Comprehensive Analysis
Executive Summary
On October 1, 2026, Mark Lin, an officer of Semtech Corp ($SMTC), submitted a Form 144 notice proposing the sale of 967 shares of common stock through Fidelity Brokerage Services LLC. The aggregate market value of the proposed transaction is $172,967.29, implying an approximate price of $178.87 per share.
Transaction Details
- Security: Common Stock
- Amount Proposed to be Sold: 967 shares
- Nature of Acquisition: Restricted stock vesting on October 1, 2026
- Trading Plan: Executed under a pre-established Rule 10b5-1 trading plan adopted on June 29, 2026
- Past 3 Months Activity:
- July 1, 2026: Sold 970 shares for gross proceeds of $145,892.85
- September 10, 2026: Sold 683 shares for gross proceeds of $109,211.70
Market and Ownership Impact
With 93,325,626 shares outstanding, the proposed sale of 967 shares represents a negligible fraction of total shares outstanding (<0.01%). The planned disposition follows standard vesting schedules and is conducted pursuant to a 10b5-1 trading plan, indicating minimal discretionary sentiment and low overall trading significance.
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Important Disclaimer
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