Walsh Paul V Jr 4
Research Summary
AI-generated summary
Semtech (SMTC) Director Paul V. Walsh Jr Sells 500 Shares
What Happened
Paul V. Walsh Jr, a director of Semtech Corporation (SMTC), sold 500 shares of Semtech stock in an open-market transaction on March 18, 2026. The shares were sold at $80.87 per share for proceeds of $40,435. This was a sale — typically viewed as routine insider liquidity rather than a direct signal of company fundamentals.
Key Details
- Transaction date: March 18, 2026. Sale price: $80.87 per share. Total proceeds: $40,435.
- Transaction type: Open-market sale (code S).
- Plan: The sale was made under a Rule 10b5-1 trading plan adopted by Mr. Walsh on July 9, 2025.
- Shares owned after transaction: Not specified in the filing information provided here.
- Filing date: March 20, 2026 — filed within the standard 2-business-day Form 4 deadline (timely).
Context
A Rule 10b5-1 plan allows insiders to sell shares according to a pre-established schedule or rules and is commonly used to avoid accusations of trading on material nonpublic information. Sales under such plans are generally treated as routine insider liquidity rather than a directional vote on the stock by the insider.