Silberstein Asaf 4

What Happened Asaf Silberstein, EVP and COO of Semtech Corporation (SMTC), sold 5,000 shares on January 22, 2026 at $83.00 per share, generating proceeds of $415,000. This was a sale (not a purchase or option exercise) and is reported as an open-market or private sale under the filing.

Key Details

• Transaction date and price: 2026-01-22 — 5,000 shares sold at $83.00 per share (total ≈ $415,000).
• Filing date: Form 4 filed on 2026-01-26 (within the two-business-day reporting window for a Jan 22 transaction).
• Shares owned after transaction: Not specified in the provided filing data.
• Footnote: Shares are held by The Silberstein Family Trust (dated 07/11/2016); Mr. Silberstein serves as Trustee.
• Plan remark: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Silberstein on September 5, 2025.

Context Sales executed under pre-established 10b5-1 plans and via trusts are commonly routine and do not, by themselves, indicate a change in the insider’s view of the company. Retail investors typically treat purchases as more informative about insider conviction; this transaction appears to be a planned disposition of trust-held shares rather than an opportunistic trade.