[144] Semtech Corp SEC Filing

Rhea-AI Filing Summary

Form 144 filing by Semtech Corp discloses proposed sale of 3,000 shares of common stock by Silberstein Family Trust, controlled by EVP/COO Asaf Silberstein. The shares, valued at $124,500, were acquired through RSU vesting on March 5, 2020. Sale planned for June 23, 2025 via UBS Financial Services on NASDAQ. Trust previously sold 2,000 shares on June 9, 2025 for $76,294. Current filing represents small portion of Semtech's 86.64M outstanding shares. Shares to be sold through broker UBS Financial Services in Weehawken, NJ. The trust affirms no knowledge of undisclosed material adverse information about Semtech's operations.

Positive

• Executive insider (COO Asaf Silberstein) retains significant equity position, with planned sale of only 3,000 shares representing a small fraction of total outstanding shares (86.64M shares)
• The shares being sold were acquired through regular RSU vesting from March 2020, indicating normal executive compensation practices rather than irregular share acquisitions

Negative

• Executive insider selling pattern emerging - COO's trust sold 2,000 shares on June 9, 2025 ($76,294) and plans to sell additional 3,000 shares ($124,500) within two weeks
• Total planned insider sales of 5,000 shares within one month could signal reduced confidence in near-term company prospects

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	UBS Financial Services Inc 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	3000	124500	86640000	06/23/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	03/05/2020	RSU Vesting	Issuer			3000	03/05/2020	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Silberstein Family Trust DTD 07/11/2016 200 Flynn Road Camarillo CA 93012	Common Stock	06/09/2025	2000	76294

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many SMTC shares is the Silberstein Family Trust selling on June 23, 2025?

The Silberstein Family Trust is selling 3,000 shares of SMTC common stock with an aggregate market value of $124,500 on June 23, 2025.

What is the relationship between Asaf Silberstein and SMTC?

Asaf Silberstein is the Executive Vice President and Chief Operating Officer of Semtech Corp (SMTC) and serves as a trustee of the Silberstein Family Trust DTD 07/11/2016.

When did the Silberstein Family Trust originally acquire the SMTC shares being sold?

The shares were acquired on March 5, 2020 through RSU (Restricted Stock Unit) vesting from the issuer.

Has the Silberstein Family Trust sold any other SMTC shares recently?

Yes, the trust sold 2,000 shares of SMTC common stock on June 9, 2025, generating gross proceeds of $76,294.

What is the current number of outstanding SMTC shares?

According to the Form 144 filing, Semtech Corp (SMTC) has 86,640,000 shares outstanding.