SEMTECH CORP·4

Jun 9, 4:01 PM ET

HOU HONG Q 4

Research Summary

AI-generated summary

Updated

Semtech (SMTC) CEO Hou Hong Q Sells 2,000 Shares

What Happened
Hou Hong Q, President and CEO (and a director) of Semtech Corporation (SMTC), sold 2,000 shares in an open-market/private sale on June 5, 2026 at $162.10 per share, generating proceeds of $324,200. The filing indicates the sale was executed pursuant to a Rule 10b5-1 trading plan adopted on December 17, 2025.

Key Details

  • Transaction date and price: June 5, 2026 — 2,000 shares sold at $162.10 each.
  • Total proceeds: $324,200.
  • Transaction type: Sale (open market or private sale), reported on Form 4 filed June 9, 2026.
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnote: Trade executed under a Rule 10b5-1 plan adopted Dec 17, 2025 (pre-scheduled trades).
  • Timeliness: Form 4 filed June 9, 2026 (filed within the typical two-business-day reporting window for a June 5 trade).

Context
This was a sale, which can be routine; because it was done under a 10b5-1 plan, the transaction may have been pre-scheduled and does not necessarily reflect the insider’s current view of the company. Sales are less informative about insider sentiment than purchases; retail investors should consider this trade alongside other filings and company fundamentals.