[144] Semtech Corp SEC Filing

Rhea-AI Filing Summary

Form 144 notice filed for Semtech Corp (SMTC) reports a proposed sale of 1,500 common shares through UBS Financial Services on Nasdaq, with an aggregate market value of $87,653.40 and an approximate sale date of 08/29/2025. The shares were acquired as an RSU grant on 06/09/2024 and fully paid on that date. The filer reports 86,773,988 shares outstanding for the issuer and indicates no securities sold in the past three months. The notice includes the usual representation that the seller is not aware of undisclosed material adverse information.

Positive

• Transaction transparency: Form 144 provides required disclosure of the sale, acquisition date, and broker.
• No recent sales: The filer reports Nothing to Report for sales in the past three months, reducing immediate dilution concerns.

Negative

• Missing filer identifiers: The content does not include a clear CIK or filer code in the provided text, limiting identity verification.
• Relationship to issuer not specified: The filing text does not state the filer’s relationship to the issuer, reducing context on insider status.

Insights

Securities Analyst

TL;DR: Insider intends to sell 1,500 RSU shares via UBS, modest size relative to outstanding shares; no recent sales reported.

The filing documents a routine Rule 144 disposition: 1,500 common shares from an RSU grant dated 06/09/2024, routed through UBS with an indicated market value of $87,653.40 and an expected sale date of 08/29/2025. Compared with the issuer's stated 86.77 million shares outstanding, this is immaterial in size. The absence of sales in the prior three months and the signature representation of no undisclosed material adverse information align with a standard, non-urgent liquidation of vested equity rather than a distress sale.

Corporate Governance Expert

TL;DR: Form 144 appears procedural, documenting a planned sale of vested RSUs; no governance red flags disclosed.

The notice shows the securities were acquired from the issuer as RSUs and fully paid on grant date, suggesting employee or insider compensation realization. The filing does not report any prior sales in the last three months and contains the required representation about material information. The document lacks details on the filer’s relationship to the issuer and the filer’s CIK/CCC values are not provided in the content, which limits contextual governance assessment.

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	UBS Financial Services Inc. 11 Madison Avenue 4th Floor New York NY 10010	1500	87653.40	86773988	08/29/2025	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	06/09/2024	RSU Grant	Issuer			1500	06/09/2024	NA

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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

What does the SMTC Form 144 disclose about the planned sale?

The filing discloses a proposed sale of 1,500 common shares via UBS with an aggregate market value of $87,653.40 and an approximate sale date of 08/29/2025.

When were the shares being sold by the SMTC filer acquired?

The shares were acquired as an RSU grant on 06/09/2024 and payment is recorded as of that date.

Has the SMTC filer sold other shares in the past three months?

The Form 144 states Nothing to Report for securities sold during the past three months.

Through which broker will the SMTC shares be sold?

The broker listed is UBS Financial Services Inc., 11 Madison Avenue, New York, NY.

How large is the proposed sale relative to Semtech's outstanding shares?

The filing lists 86,773,988 shares outstanding; the proposed 1,500-share sale is immaterial in percentage terms.