Silberstein Asaf 4

What Happened

• Asaf Silberstein, Semtech EVP and COO, disposed of 10,000 shares on February 9, 2026, in an open‑market sale at $92.00 per share for total proceeds of $920,000. This transaction is a sale (not a purchase) and therefore is typically considered routine rather than a direct bullish signal.

Key Details

• Transaction date and price: 2026-02-09 — 10,000 shares sold at $92.00 each.
• Total value: $920,000.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares are held by The Silberstein Family Trust DTD 07/11/2016; Mr. Silberstein is trustee (F1).
• Trading plan: Transaction executed pursuant to a Rule 10b5‑1 trading plan adopted by Mr. Silberstein on September 5, 2025.
• Filing timeliness: Report filed 2026-02-11 for a 2026-02-09 transaction — appears timely (within the Form 4 reporting window).

Context

• This was a straightforward sale under a pre-established 10b5‑1 plan, which typically allows insiders to sell shares according to a preset schedule and helps avoid claims of opportunistic timing. As a sale by an executive (not indicated as a 10% owner), it is commonly treated as routine insider liquidity rather than a clear statement about company prospects.