Fischer Gregory Michael 4

What Happened
Gregory Michael Fischer, a director of Semtech Corporation (SMTC), sold 1,000 shares in an open-market transaction on May 28, 2026. The shares were sold at $164.69 each for a total value of $164,685. This was a sale (not a purchase), which is often a routine liquidity event rather than a direct signal about the company's outlook.

Key Details

• Transaction date: May 28, 2026
• Transaction type: Open-market sale (Code S)
• Price per share: $164.69; Total proceeds: $164,685
• Shares owned after transaction: Not reported in the provided filing excerpt
• Filing date: June 1, 2026 — filed 4 days after the trade (appears late relative to the typical 2-business-day Form 4 deadline)
• No footnotes or 10b5-1 plan, tax-withholding, or other special conditions were provided in the excerpt

Context
Insider sales can be for many personal reasons (diversification, taxes, portfolio rebalancing) and do not necessarily reflect the insider's view of company fundamentals. Because this report shows a straight open-market sale by a director and not a purchase or option exercise, it should be viewed as routine insider activity unless additional filings or disclosures indicate otherwise.