Walsh Paul V Jr 4

What Happened

• Paul V. Walsh Jr., a director of Semtech Corporation (SMTC), sold 500 shares in an open-market transaction on July 22, 2026.
• The sale price was $133.07 per share, for total proceeds of $66,535.
• This was a sale (not a purchase or option exercise).

Key Details

• Transaction date: July 22, 2026; Price: $133.07 per share; Shares sold: 500; Total value: $66,535.
• Transaction type: Open-market sale (code S).
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Walsh on July 9, 2025.
• Shares owned after transaction: Not disclosed in this Form 4 filing.
• Filing date: July 24, 2026 — filed within the typical two-business-day reporting window (not marked late).

Context

• A Rule 10b5-1 plan means the trade was prearranged under a written plan, which commonly governs timing and reduces the need to trade based on current inside information; the existence of such a plan does not by itself indicate the insider’s view of the company.
• Sales by corporate insiders can be routine for diversification or liquidity reasons; they are not the same signal as insider purchases, which are often regarded as stronger indicators of confidence.