Semtech director sells $217K in stock under plan
A Semtech Corp director sold 1,500 shares under a pre-arranged Rule 10b5-1 trading plan and continues to hold 7,140 shares after the transaction.
Rhea-AI Filing Summary
SEMTECH CORP (SMTC) director Julie Garcia Ruehl reported selling 1,500 shares of common stock on September 4, 2026 at $145.00 per share in an open-market or private transaction. The sale was made pursuant to a Rule 10b5-1 trading plan adopted on May 29, 2026, and she held 7,140 shares directly after the transaction.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 1,500 shares
Net Sell
1 txn
Insider
Ruehl Julie Garcia
Role
Director
Sold
1,500 shs ($218K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,500 | $145.00 | $218K |
Holdings After Transaction:
Common Stock — 7,140 shares (Direct)
Footnotes (1)
- F1. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Ms. Ruehl on May 29, 2026.
Key Figures
Shares sold: 1,500 shares
Sale price per share: $145.00 per share
Approximate transaction value: $217,500
+3 more
6 metrics
Shares sold
1,500 shares
Common stock sale reported for September 4, 2026
Sale price per share
$145.00 per share
Price for the 1,500 Semtech Corp shares sold
Approximate transaction value
$217,500
Implied value of 1,500 shares sold at $145.00 per share
Shares held after transaction
7,140 shares
Direct holdings of Semtech Corp common stock after the sale
Net shares sold
1,500 shares
Net effect of reported insider trading activity in this Form 4
Rule 10b5-1 plan adoption date
May 29, 2026
Date the trading plan governing this sale was adopted
Key Terms
Rule 10b5-1 trading plan, open market, private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Ms. Ruehl on May 29, 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 market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
private transaction market
"Sale in open market or private transaction"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
FAQ
What insider transaction did SMTC director Julie Garcia Ruehl report?
She reported selling 1,500 shares of Semtech Corp common stock on September 4, 2026 in an open-market or private transaction at $145.00 per share, according to the Form 4 filing.
Was the SMTC insider sale by Julie Garcia Ruehl under a Rule 10b5-1 plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted by Julie Garcia Ruehl on May 29, 2026.
What type of security did Julie Garcia Ruehl trade in this SMTC Form 4?
The reported transaction involved Semtech Corp common stock, with 1,500 shares sold and 7,140 shares held directly after the transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.