Semtech (SMTC) director sells 1,500 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Semtech Corp director Gregory Michael Fischer reported an open-market sale of 1,500 shares of Common Stock. The shares were sold at a price of $156.24 per share, and he now directly holds 5,678 shares following the transaction.
The sale took place on June 30, 2026 and was executed pursuant to a Rule 10b5-1 trading plan that Mr. Fischer adopted on March 30, 2026. Such trading plans are pre-arranged and are designed to allow insiders to sell shares on a scheduled basis.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,500 shares ($234,360)
Net Sell
1 txn
Insider
Fischer Gregory Michael
Role
null
Sold
1,500 shs ($234K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,500 | $156.24 | $234K |
Holdings After Transaction:
Common Stock — 5,678 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,500 shares
Sale price per share: $156.24 per share
Shares held after transaction: 5,678 shares
+3 more
6 metrics
Shares sold
1,500 shares
Open-market sale of Common Stock on June 30, 2026
Sale price per share
$156.24 per share
Price for the 1,500 Common Stock shares sold
Shares held after transaction
5,678 shares
Direct ownership following the June 30, 2026 sale
Net share activity
-1,500 shares
Net buy/sell shares in transaction summary
Sell transactions count
1 transaction
Single open-market sale reported in Form 4
Trading plan adoption date
March 30, 2026
Date Mr. Fischer adopted the Rule 10b5-1 trading plan
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Mr. Fischer on March 30, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
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
"INSIDER FILING DATA (Form 4):"
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.
FAQ
What insider transaction did Semtech (SMTC) report for Gregory Michael Fischer?
Semtech director Gregory Michael Fischer reported an open-market sale of 1,500 shares of Common Stock. The transaction was recorded as a Form 4 insider filing and reflects a routine disposition under a pre-arranged Rule 10b5-1 trading plan.
Was the Semtech (SMTC) insider sale under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Gregory Michael Fischer on March 30, 2026. Such plans pre-schedule trades, reducing the importance of market timing for interpreting insider activity.
Did the Semtech (SMTC) Form 4 include any derivative securities transactions?
No. The Form 4 shows only a non-derivative transaction in Common Stock, with zero derivative transactions reported in the derivative summary. There were no option exercises, conversions, or other derivative events included in this particular filing.