Fischer Gregory Michael 4

What Happened Gregory M. Fischer, a director of Semtech Corporation (SMTC), sold 1,500 shares on June 30, 2026. The shares were disposed at $156.24 each, for a total value of $234,360. This was a sale (not a purchase)—sales by insiders are often routine and do not necessarily indicate a change in outlook.

Key Details

• Transaction date: 2026-06-30
• Price: $156.24 per share
• Shares sold: 1,500
• Total value: $234,360
• Post-transaction holdings: Not disclosed in the provided filing excerpt
• Footnote: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Fischer on March 30, 2026 (pre-arranged plan)
• Filing date: Form 4 filed July 2, 2026

Context A Rule 10b5-1 plan allows insiders to execute trades according to a pre-set schedule and can help insulate the trades from claims they were made on inside information. For retail investors, purchases tend to be more informative than routine sales; this transaction should be viewed as an executed plan sale rather than direct evidence of management sentiment.