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

What Happened
Hou Hong Q, President & CEO and a director of Semtech Corporation (SMTC), sold 2,000 shares in an open-market/private sale on August 7, 2026 at $140.00 per share, for total proceeds of $280,000. This was a sale (not a purchase or grant).

Key Details

• Transaction date and price: Aug 7, 2026 — 2,000 shares at $140.00 per share.
• Total value: $280,000.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form 4 was filed on Aug 11, 2026 (within the typical two-business-day reporting window for insiders).
• Footnote: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted by Dr. Hou on December 17, 2025 (prearranged trading plan).

Context
Sales by executives are common and can be routine (e.g., diversification, liquidity needs, or preplanned trades). The presence of a 10b5-1 plan indicates this sale was preauthorized under a trading plan adopted in December 2025 and does not by itself indicate a change in the insider’s view of the company.