Semtech (SMTC) Director Rodolpho C. Cardenuto Sells 5,321 Shares

What Happened Rodolpho C. Cardenuto, a director of Semtech Corp (SMTC), sold 5,321 shares in an open‑market transaction on September 16, 2026. The reported proceeds were $877,978; the filing lists a weighted average price of $165.00 per share (see footnote for price range).

Key Details

• Transaction date: 2026-09-16 (reported on Form 4 filed 2026-09-18)
• Sale type/code: Open-market sale (S)
• Shares sold: 5,321
• Price: weighted average $165.00; reported range $165.00–$165.030 (Footnote F1)
• Proceeds/value: $877,978
• Shares owned after transaction: not specified in the provided filing excerpt
• Filing timeliness: Form 4 filed on Sept 18, 2026 — appears to be timely (within the standard two-business-day reporting window)
• Footnote: F1 notes the price is a weighted average of multiple sales; exact price/share details available on request

Context This was a sale, which is a routine insider disposition and does not by itself indicate company performance or insider sentiment. Purchases typically receive more attention as potential bullish signals; filings for sales are often for diversification, liquidity, or tax planning. No information in this filing indicates option exercises, gifts, or a 10b5-1 plan.