Semtech (SMTC) EVP gifts 77,732 shares to family trust

Rhea-AI Filing Summary

SEMTECH CORP EVP and COO Asaf Silberstein reported bona fide gifts of 77,732 shares of Common Stock. The Form 4 shows two gift transactions of 38,866 shares each on 2026-07-01 at a stated price of $0.00 per share.

After these transfers, he holds 105,362 shares indirectly "by Family Trust" and no shares directly. A footnote explains the shares are held by The Silberstein Family Trust, where he is a trustee and he and his immediate family are sole beneficiaries, so the transactions represent estate or family planning rather than market trading.

Insider Trade Summary

77,732 shares gifted

Mixed 2 txns

Insider Silberstein Asaf

Role EVP and COO

Type	Security	Shares	Price	Value
Gift	Common Stock	38,866	$0.00	--
Gift	Common Stock	38,866	$0.00	--

Holdings After Transaction: Common Stock — 0 shares (Direct, null); Common Stock — 105,362 shares (Indirect, by Family Trust)

Footnotes (1)

1. [object Object]

Key Figures

Total shares gifted: 77,732 shares First gift transaction: 38,866 shares Second gift transaction: 38,866 shares +3 more

6 metrics

Total shares gifted 77,732 shares Bona fide gifts on 2026-07-01

First gift transaction 38,866 shares Non-derivative Common Stock, indirect ownership by Family Trust

Second gift transaction 38,866 shares Non-derivative Common Stock, direct ownership

Price per share for gifts $0.00 per share Both bona fide gift transfers

Indirect holdings after transactions 105,362 shares Held by Family Trust after gifts

Direct holdings after transactions 0 shares Direct ownership following reported gifts

Key Terms

Bona fide gift, Family Trust, indirect ownership, Common Stock

4 terms

Bona fide gift financial

"transaction_code_description: "Bona fide gift" for both transactions"

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Family Trust financial

"The reporting person transferred shares ... to The Silberstein Family Trust"

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership: "by Family Trust""

Common Stock financial

"security_title: "Common Stock" for both non-derivative transactions"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/06/2026 - 05:12 PM Accepted by SEC EDGAR 07/06/2026 - 05:11 PM Learn about SEC filing dates

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).

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 CALIFORNIA 93012-8790

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

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	07/01/2026		G		38,866(1)	D	$0	0	D
Common Stock	07/01/2026		G		38,866(1)	A	$0	105,362	I	by Family Trust

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. The reporting person transferred shares of Semtech common stock to The Silberstein Family Trust DTD 07/11/2016 ("Family Trust") of which the reporting person is a trustee. The reporting person and members of his immediate family are the sole beneficiaries of the Family Trust.

Remarks:

	/s/Asaf Silberstein by Mark Lin under Power of Attorney dated November 5, 2025 (Copy On File)	07/06/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Semtech (SMTC) executive Asaf Silberstein report in this Form 4?

Semtech EVP and COO Asaf Silberstein reported two bona fide gift transfers totaling 77,732 shares of Common Stock. These non-cash gifts reclassified his holdings between direct ownership and a family trust while leaving him with significant indirect beneficial ownership.

How many Semtech (SMTC) shares did Asaf Silberstein gift?

He gifted a total of 77,732 Semtech Common Stock shares, reported as two separate 38,866-share transactions. Both were coded as bona fide gifts, indicating no sale for cash and reflecting personal or estate planning rather than market trading activity.

What are Asaf Silberstein’s Semtech (SMTC) holdings after these gift transactions?

Following the reported gifts, he holds 105,362 Semtech Common Stock shares indirectly through a family trust and zero shares directly. This means his economic exposure continues via the trust, while his direct individual ownership position has been reduced to none.

What is the role of the Silberstein Family Trust in this Semtech (SMTC) filing?

The Silberstein Family Trust holds Semtech shares for which Asaf Silberstein is a trustee, and he and his immediate family are sole beneficiaries. The Form 4 shows shares associated with bona fide gifts and indirect ownership “by Family Trust” after the reported transactions.

Were the Semtech (SMTC) gift transactions open-market sales or purchases?

No, both transactions were coded as “G” bona fide gifts at a reported price of $0.00 per share. They do not represent open-market buying or selling but rather non-cash transfers, typically associated with personal, family, or estate planning decisions.