SEMTECH CORP·4

Mar 9, 4:05 PM ET

WILSON JOHN MICHAEL 4

4 · SEMTECH CORP · Filed Mar 9, 2026

Research Summary

AI-generated summary of this filing

Updated

Semtech (SMTC) CTO John M. Wilson Converts Units, Surrenders Shares

What Happened

  • John Michael Wilson, Chief Quality Officer and CTO of Semtech (SMTC), converted 12,385 stock units into 12,385 shares (code M) on 2026-03-05. The reported exercise/conversion price was $0.00.
  • To cover taxes, he surrendered 4,822 of those shares (code F) at $89.75 per share, a withholding value of $432,775. Net shares remaining from the conversion = 12,385 − 4,822 = 7,563 shares.

Key Details

  • Transaction date: March 5, 2026; Form filed March 9, 2026 (timely filing).
  • Conversion: 12,385 units → 12,385 shares (code M) at $0.00.
  • Tax withholding: 4,822 shares disposed (code F) at $89.75 = $432,775.
  • Net shares received from this settlement: 7,563 shares.
  • Footnotes: F1 — each stock unit equals one share; F2 — the grant vests in three annual installments beginning March 5, 2025.
  • Shares owned after the transaction are not disclosed on this Form 4.

Context

  • This appears to be a routine settlement/vesting of stock units (conversion of derivative rights), not an open‑market purchase or sale for cash. The surrender of shares to cover taxes (code F) is a common withholding method and does not necessarily indicate a change in sentiment.

Insider Transaction Report

Form 4
Period: 2026-03-05
WILSON JOHN MICHAEL
Chief Quality Officer and CTO
Transactions
  • Exercise/Conversion

    Common Stock

    2026-03-05+12,38572,451 total
  • Tax Payment

    Common Stock

    2026-03-05$89.75/sh4,822$432,77567,629 total
  • Exercise/Conversion

    Restricted Stock Unit

    [F1][F2]
    2026-03-0512,38512,385 total
    Common Stock (12,385 underlying)
Footnotes (2)
  • [F1]Each stock unit represents the contingent right to receive one share of Semtech common stock.
  • [F2]This grant vests in three annual installments beginning on March 5, 2025.
Signature
/s/J.Michael Wilson by Mark Lin under Power of Attorney dated October 16, 2025 (Copy on File)|2026-03-09

Documents

3 files