[144] Semtech Corp SEC Filing
Form 144 notice for Semtech Corp (SMTC) reports a proposed sale of 1,000 common shares through UBS Financial Services on 08/28/2025, with an aggregate market value of $60,000. The filing shows 86,773,988 shares outstanding. The shares to be sold were acquired by RSU vesting on 03/03/2022 and the filer indicates payment/settlement on 03/03/2022. The filing also discloses two recent sales by the Silberstein Family Trust: 2,000 shares on 06/06/2025 for $76,294.75 and 2,000 shares on 06/24/2025 for $85,764.75. The signer represents no undisclosed material adverse information and the transaction will be executed on Nasdaq via UBS.
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Insights
TL;DR: Routine insider sale notice showing a small proposed disposition and recent trust sales; appears non-material to enterprise value.
The Form 144 documents a proposed sale of 1,000 Semtech common shares acquired via RSU vesting in 2022, to be executed through UBS on 08/28/2025 with an aggregate market value of $60,000. Recent reported dispositions by the Silberstein Family Trust total 4,000 shares across June 2025, with gross proceeds of $76,294.75 and $85,764.75 respectively. The filing includes the standard attestation that no material nonpublic information is known to the seller. Given the share counts and proceeds reported here, this notice is procedural and consistent with routine insider or affiliated-party liquidity activity rather than a material corporate event.
TL;DR: Disclosure complies with Rule 144 requirements; shows RSU-derived holdings and recent trust sales, with required attestation included.
The filing identifies the origin of the securities as RSU vesting dated 03/03/2022 and provides broker details (UBS Financial Services). It lists the number of outstanding shares (86,773,988) and includes recent historical sales by a related trust. The required representation about absence of undisclosed material information is present. From a governance and compliance standpoint, the form contains the necessary elements for public notice of a proposed insider/affiliate sale under Rule 144.