Semtech (SMTC) CEO Hong Hou exercises RSUs and reports sale in Form 4

Rhea-AI Filing Summary

Semtech Corporation President and CEO Hong Q. Hou reported several equity transactions in company stock. On January 2, 2026, a restricted stock unit award converted into 6,483 shares of Semtech common stock at an exercise price of $0, reflecting previously granted equity now delivered as shares. The filing also shows a separate transaction coded F on the same date involving 2,438 shares of common stock at $73.69 per share. After these transactions, Hou directly owned 25,604 shares of Semtech common stock and 38,900 restricted stock units. The footnotes explain that each stock unit represents the right to receive one share of Semtech common stock and that one third of the referenced grant vested on July 1, 2025, with the remainder vesting in eight quarterly installments beginning October 1, 2025.

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

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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^*

HOU HONG Q

(Last) (First) (Middle)

200 FLYNN RD.

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		M		6,483	A	$0	28,042	D
Common Stock	01/02/2026		F		2,438	D	$73.69	25,604	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
Restricted Stock Unit	(1)	01/02/2026		M			6,483	(2)	(2)	Common Stock	6,483	$0	38,900	D

Explanation of Responses:

1. Each stock unit represents the contingent right to receive one share of Semtech common stock.

2. One third of this grant vested on July 1, 2025 and the remainder of this grant vests in eight quarterly installments beginning on October 1, 2025.

Remarks:

	/s/Hong Q. Hou by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)	01/06/2026
	** 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).
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FAQ

What insider transactions did Semtech (SMTC) report for Hong Q. Hou?

The report shows that on January 2, 2026, President and CEO Hong Q. Hou had a restricted stock unit award convert into 6,483 shares of Semtech common stock at an exercise price of $0, and a separate common stock transaction coded F for 2,438 shares at $73.69 per share.

How many Semtech shares does CEO Hong Q. Hou hold after this Form 4?

Following the reported transactions, Hong Q. Hou directly owned 25,604 shares of Semtech common stock and 38,900 restricted stock units, as stated in the filing.

What does the 6,483 restricted stock unit transaction mean for Semtech (SMTC)?

The filing indicates that 6,483 restricted stock units were converted into 6,483 shares of Semtech common stock at an exercise price of $0. A footnote explains that each stock unit represents the contingent right to receive one Semtech share.

What is the significance of the F-coded 2,438-share transaction at $73.69?

The Form 4 lists a transaction in 2,438 shares of Semtech common stock on January 2, 2026 with transaction code F at a price of $73.69 per share. The code identifies the type of transaction, and the filing records it as a disposition of those shares.

What vesting schedule applies to the reported Semtech restricted stock units?

According to the footnotes, one third of the referenced restricted stock unit grant vested on July 1, 2025, and the remainder vests in eight quarterly installments beginning on October 1, 2025.

What roles does Hong Q. Hou hold at Semtech (SMTC) according to this filing?

The filing identifies Hong Q. Hou as both a Director and an Officer of Semtech, with the officer title listed as President and CEO.