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

What Happened

• Hou Hong Q, President, CEO and Director of Semtech Corporation (SMTC), sold 2,000 shares on July 10, 2026 at $133.00 per share, for total proceeds of $266,000. The transaction is reported as a sale (code S), described as an open market or private sale.

Key Details

• Transaction date and price: July 10, 2026 — 2,000 shares at $133.00 each (proceeds $266,000).
• Reported as: Sale (S) — open market or private sale.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted December 17, 2025 (Footnote F1).
• Filing: Form 4 filed July 14, 2026 (filed within the standard two business-day window following the trade).

Context

• The sale was made under a 10b5-1 plan, which is a pre-arranged trading program that lets insiders sell shares on a preset schedule; such sales are often routine and do not necessarily signal a change in the insider’s view of the company. Purchases by insiders are generally considered more informative than routine sales.