Silberstein Asaf 4

What Happened

• Asaf Silberstein, EVP and COO of Semtech Corp (SMTC), sold 10,000 shares on Feb 2, 2026 at $88.00 per share, for a total proceeds of $880,000. The sale was reported on a Form 4 filed Feb 4, 2026.

Key Details

• Transaction date and price: Feb 2, 2026 — 10,000 shares at $88.00 each (Sale, code S).
• Total value: $880,000.
• Transaction type: Open-market/private sale (reported as S).
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: Shares sold are held by The Silberstein Family Trust DTD 07/11/2016; Silberstein serves as Trustee (footnote F1).
• Plan/remarks: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted Sept 5, 2025.
• Filing: Form 4 accession 0001514954-26-000004, period of report Feb 2, 2026, filed Feb 4, 2026. No late-filing flag indicated.

Context

• This sale was made under a pre-established 10b5-1 plan, which typically schedules trades in advance and is often viewed as a routine disposition rather than a contemporaneous indicator of the insider’s sentiment. Sales are common and, unlike purchases, generally provide less direct evidence of bullish conviction.