Semtech (SMTC) EVP and COO’s family trust sells 10,000 shares at $88

Rhea-AI Filing Summary

Semtech Corporation executive Asaf Silberstein reported a planned sale of company stock. On 02/02/2026, a trust associated with him sold 10,000 shares of Semtech common stock at $88 per share under a Rule 10b5-1 trading plan adopted on September 5, 2025.

After this transaction, Silberstein beneficially owned 78,496 shares of Semtech common stock, held by The Silberstein Family Trust DTD 07/11/2016, for which he serves as trustee.

Insider Trade Summary

Net Seller: 10,000 shares

Net Sell 1 txn

Insider Silberstein Asaf

Role EVP and COO

Sold 10,000 shs ($880K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$88.00	$880K

Holdings After Transaction: Common Stock — 78,496 shares (Direct)

Footnotes (1)

1. F1. Shares are held by The Silberstein Family Trust DTD 07/11/2016, for which the Reporting Person serves as Trustee.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/04/2026 - 04:02 PM Learn about SEC filing dates

FAQ

What insider transaction did Semtech (SMTC) report for Asaf Silberstein?

Semtech reported that executive vice president and COO Asaf Silberstein had 10,000 shares of Semtech common stock sold on 02/02/2026 at $88 per share. The sale was executed through a family trust for which he serves as trustee.

How many Semtech (SMTC) shares were sold and at what price?

A total of 10,000 Semtech common shares were sold at $88 per share on 02/02/2026. The transaction involved stock held by The Silberstein Family Trust DTD 07/11/2016, as disclosed in the insider filing.

How many Semtech (SMTC) shares does Asaf Silberstein own after the sale?

After the reported sale, Asaf Silberstein beneficially owned 78,496 shares of Semtech common stock. These shares are held by The Silberstein Family Trust DTD 07/11/2016, where he serves as trustee according to the Form 4 disclosure.

Was the Semtech (SMTC) insider sale under a Rule 10b5-1 plan?

Yes. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Silberstein on September 5, 2025. Such plans allow pre-arranged trading, typically to help insiders systematically sell shares over time.

Who actually holds the Semtech (SMTC) shares sold in this Form 4?

The shares are held by The Silberstein Family Trust DTD 07/11/2016. The Form 4 states that Asaf Silberstein serves as trustee of this trust, and the transaction reflects activity in the trust’s Semtech holdings.

What is Asaf Silberstein’s role at Semtech (SMTC) mentioned in the filing?

In the filing, Asaf Silberstein is identified as an officer of Semtech, serving as executive vice president and chief operating officer (EVP and COO). This role is noted as part of his reporting obligations for insider transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Silberstein Asaf

(Last) (First) (Middle)

200 FLYNN ROAD

(Street)

CAMARILLO CA 93012-8790

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SEMTECH CORP [ SMTC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and COO

3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/02/2026		S		10,000	D	$88	78,496(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares are held by The Silberstein Family Trust DTD 07/11/2016, for which the Reporting Person serves as Trustee.

Remarks:

This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Mr. Silberstein on September 5, 2025.

	/s/Asaf Silberstein by Mark Lin under Power of Attorney dated November 5, 2025 (Copy On File)	02/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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