Semtech insider plans $877,978 stock sale
SEMTECH CORP (SMTC) received a notice that Rodolpho Cardenuto intends to sell up to 5,321 shares of its common stock under Rule 144 through Fidelity Brokerage Services LLC on or after September 16, 2026.
Rhea-AI Filing Summary
SEMTECH CORP (SMTC) received a notice that Rodolpho Cardenuto intends to sell up to 5,321 shares of its common stock under Rule 144 through Fidelity Brokerage Services LLC on or after September 16, 2026. The shares were acquired via restricted stock vesting as compensation on June 3, 2026.
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Key Figures
Shares to be sold: 5,321 shares
Aggregate market value: $877,978.20
Proposed sale date: September 16, 2026
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4 metrics
Shares to be sold
5,321 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$877,978.20
Value associated with the 5,321 shares to be sold
Proposed sale date
September 16, 2026
Date for planned sale on NASDAQ
Acquisition date
June 3, 2026
Date the shares were acquired via restricted stock vesting
Key Terms
Rule 144, Restricted Stock Vesting, attorney-in-fact
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 06/03/2026 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
attorney-in-fact regulatory
"as attorney-in-fact for Rodolpho Cardenuto"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for SEMTECH CORP (SMTC)?
It discloses that Rodolpho Cardenuto plans to sell up to 5,321 shares of Semtech common stock under Rule 144 through Fidelity Brokerage Services LLC, with a proposed sale date of September 16, 2026 on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.