HOU HONG Q 4

What Happened
Hou Hong Q, President & CEO and a director of Semtech Corporation (SMTC), sold 2,000 shares in an open‑market transaction on April 10, 2026. The shares were sold at $90.11 each for total proceeds of $180,220. This was a sale (not a purchase), which is often routine for executives and does not by itself indicate a change in company outlook.

Key Details

• Transaction date and price: April 10, 2026 — 2,000 shares sold at $90.11 per share.
• Total value: $180,220.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Transaction executed pursuant to a Rule 10b5‑1 trading plan adopted by Dr. Hou on December 17, 2025.
• Filing timeliness: Form 4 was filed April 14, 2026, within the standard two business‑day reporting window.

Context: This was an open‑market sale under a prearranged 10b5‑1 plan. Such preauthorized plans are commonly used by insiders to systematically sell shares and reduce concerns about trading based on nonpublic information; they are procedural rather than a direct indicator of management sentiment.