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

What Happened
Hou Hong Q, President, CEO and a director of Semtech (SMTC), sold 2,000 shares in an open-market transaction on September 4, 2026 at $138.71 per share, generating $277,420 in proceeds. This was a sale (not a purchase), which many insider sales reflect routine liquidity rather than a statement about company prospects.

Key Details

• Transaction date: 2026-09-04; Filing date (Form 4): 2026-09-09
• Price and quantity: 2,000 shares sold at $138.71 each; total proceeds $277,420
• Transaction type: Sale (S) — open market or private sale as reported
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Dr. Hou on December 17, 2025
• Shares owned after transaction: Not reported in the provided filing details
• Timeliness: Filing date is listed as 2026-09-09; the filing’s timeliness status was not provided in the summary

Context
A 10b5-1 plan allows insiders to pre-arrange trades at a time when they are not in possession of material nonpublic information; trades under such plans are commonly viewed as routine. This report documents a straightforward sale of common stock (code S) and does not indicate derivatives activity or gifts.