Semtech EVP gifts 77,732 shares of stock
SEMTECH CORP EVP and COO Asaf Silberstein reported bona fide gifts of 77,732 shares of Common Stock.
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
77,732 shares gifted
Gift
2 txns
Insider
Silberstein Asaf
Role
EVP and COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 38,866 | $0.00 | $0.00 |
| Gift | Common Stock | 38,866 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 105,362 shares (Indirect, by Family Trust)
Footnotes (1)
- F1. 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.
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
