HOU HONG Q 4

What Happened

• Hou Hong Q, President, CEO and a director of Semtech (SMTC), sold 2,000 shares on May 1, 2026 at $103.01 per share for proceeds of $206,020. The sale was reported on a Form 4 filed May 5, 2026.
• This was a sale (S)—sales by insiders are often routine (e.g., diversification or liquidity) but do not by themselves indicate a change in company fundamentals.

Key Details

• Transaction date: 2026-05-01; Price: $103.01 per share; Total proceeds: $206,020.
• Transaction method: Reported as an open market or private sale (S).
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Dr. Hou on December 17, 2025 (pre-scheduled trade).
• Shares owned after the transaction: Not specified in the provided filing information.
• Filing timeliness: Form 4 filed on 2026-05-05 for the May 1 trade (filed within the two-business-day Form 4 reporting window).

Context

• A 10b5-1 plan lets insiders sell pre-planned transactions at preset times/conditions; such trades are typically treated as routine and reduce the likelihood the trade was based on undisclosed material information.
• For retail investors, purchases can signal added insider confidence; sales like this, especially under a 10b5-1 plan, are common and not necessarily a negative signal by themselves.