LuPriore Paula 4
4 · SEMTECH CORP · Filed Jun 5, 2026
Research Summary
AI-generated summary of this filing
Semtech (SMTC) Director Paula LuPriore Receives Stock Award
What Happened Paula LuPriore, a director of Semtech Corporation (SMTC), was granted 1,180 stock units on 2026-06-04. The grant is reported as a derivative award (transaction code A) at $0.00 per unit; the filing reports these as contingent stock units rather than immediate share purchases. LuPriore elected to defer settlement of the units under the Semtech Director Deferred Compensation Plan.
Key Details
- Transaction date: 2026-06-04; Form 4 filed: 2026-06-05 (timely).
- Amount acquired: 1,180 stock units (derivative award) at $0.00.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- F1: Each stock unit is a contingent right to receive one share of Semtech common stock.
- F2: Units vest on the earlier of one year after grant or the day before the first annual meeting following the grant, are payable in shares, and the reporting person elected to defer settlement under the Director Deferred Compensation Plan.
- Transaction type: Award/grant (not an open-market purchase or sale).
Context These stock units are a director compensation award and represent contingent rights to future shares rather than immediate equity ownership. Because settlement is deferred and vesting is time/condition-based, this grant should be viewed as routine director compensation rather than a direct market signal.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-06-04+1,180→ 1,180 total→ Common Stock (1,180 underlying)
Footnotes (2)
- [F1]Each stock unit represents the contingent right to receive one share of Semtech common stock.
- [F2]The stock units vest on the earlier of the one year anniversary of the award and the day immediately preceding the date of the first annual meeting of stockholders following the grant and are payable in shares. The reporting person has elected to defer settlement of the stock units pursuant to the Semtech Corporation Director Deferred Compensation Plan.