Semtech EVP sells 2,000 shares in open market
SEMTECH CORP executive Asaf Silberstein, EVP and COO, reported an open-market sale of 2,000 shares of common stock at $164.0000 per share.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
SEMTECH CORP executive Asaf Silberstein, EVP and COO, reported an open-market sale of 2,000 shares of common stock at $164.0000 per share. The shares are held by The Silberstein Family Trust, for which he serves as trustee, and his direct holdings after the sale total 104,165 shares.
Insider Trade Summary
Net Seller: 2,000 shares
Net Sell
1 txn
Insider
Silberstein Asaf
Role
EVP and COO
Sold
2,000 shs ($328K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,000 | $164.00 | $328K |
Holdings After Transaction:
Common Stock — 104,165 shares (Direct)
Footnotes (1)
- F1. Shares are held by The Silberstein Family Trust DTD 07/11/2016, for which the Reporting Person serves as Trustee.
Key Figures
Shares sold: 2,000 shares
Sale price: $164.0000 per share
Shares owned after: 104,165 shares
+1 more
4 metrics
Shares sold
2,000 shares
Open-market sale of common stock
Sale price
$164.0000 per share
Reported transaction price on sale date
Shares owned after
104,165 shares
Direct ownership after sale
Transaction code
S
Sale in open market or private transaction
Key Terms
open-market sale, Form 4, transaction code "S", trustee
4 terms
open-market sale financial
"reported an open-market sale of 2,000 shares of common stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"The transaction was reported on Form 4 and reflects activity"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" regulatory
"The transaction code “S” indicates a sale in an open market"
trustee financial
"for which the Reporting Person serves as Trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SEMTECH CORP (SMTC) report for Asaf Silberstein?
SEMTECH CORP reported that EVP and COO Asaf Silberstein recorded an open-market sale of 2,000 shares of common stock. The transaction was reported on Form 4 and reflects activity in shares held through The Silberstein Family Trust.
What does the transaction code "S" mean in the SEMTECH CORP (SMTC) Form 4?
The transaction code “S” indicates a sale in an open market or private transaction. In this Form 4, it confirms that the 2,000 SEMTECH CORP common shares were disposed of through an open-market sale rather than via a grant, gift, or option exercise.
Is the SEMTECH CORP (SMTC) Form 4 transaction direct or indirect ownership?
The Form 4 reports the shares as directly owned, with an ownership code of “D.” A footnote clarifies that the shares are held by The Silberstein Family Trust, where Asaf Silberstein acts as trustee overseeing the trust’s holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
