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 in an open-market transaction on August 19, 2026. The shares were disposed at $135.48 each for a total of $67,740. This was a sale (not a purchase); such sales are often routine and do not by themselves indicate management sentiment.

Key Details

• Transaction date and price: 2026-08-19 — 500 shares sold at $135.48 per share (total ~$67,740).
• Transaction type: Open-market sale (Form 4 code S).
• Shares owned after transaction: Not specified in the disclosed Form 4 provided.
• Footnote: Transaction occurred pursuant to a Rule 10b5-1 trading plan adopted by Mr. Walsh on July 9, 2025.
• Filing timeliness: Form filed 2026-08-21; this filing date is within the typical 2-business-day window following the August 19 transaction (timely).

Context
A 10b5-1 plan lets insiders pre-authorize trades to avoid accusations of trading on material nonpublic information; trades under such plans are generally viewed as prearranged rather than reactive. Sales reduce insider holdings but, without further ownership details or a pattern of trades, do not on their own signal a change in company outlook.