Semtech insider sells 5,321 shares at $165
A Semtech Corp director sold 5,321 common shares on September 16, 2026 and now reports no direct holdings.
Rhea-AI Filing Summary
SEMTECH CORP (SMTC) director Rodolpho C. Cardenuto reported selling 5,321 shares of common stock on September 16, 2026 in an open-market or private transaction. The weighted-average sale price was $165.0025 per share, with individual sale prices ranging from $165.00 to $165.03. Following this transaction, he reported holding no shares of Semtech common stock directly. No Rule 10b5-1 trading plan is reported for this sale.
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Insights
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Insider Trade Summary
Net Seller: 5,321 shares
Net Sell
1 txn
Insider
Cardenuto Rodolpho C
Role
Director
Sold
5,321 shs ($878K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 5,321 | $165.0025 | $878K |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (1)
- F1. The price represents the weighted average of these sales. The prices ranged from $165.00 to $165.030. Price and share details are available upon request.
Key Figures
Shares sold: 5,321 shares
Weighted-average sale price: $165.0025 per share
Sale price range: $165.00 to $165.03 per share
+1 more
4 metrics
Shares sold
5,321 shares
Common stock sale reported for September 16, 2026
Weighted-average sale price
$165.0025 per share
Average price for reported sale transactions on September 16, 2026
Sale price range
$165.00 to $165.03 per share
Range of prices for individual trades within the reported sale
Shares held after transaction
0 shares
Direct ownership of Semtech common stock after the September 16, 2026 sale
Key Terms
weighted average, open market or private transaction, beneficial ownership
3 terms
weighted average financial
"The price represents the weighted average of these sales."
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
open market or private transaction financial
"Sale in open market or private transaction"
beneficial ownership financial
"Price and share details are available upon request."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did SEMTECH CORP (SMTC) report for Rodolpho C. Cardenuto?
Rodolpho C. Cardenuto reported a sale of 5,321 shares of Semtech common stock on September 16, 2026 in an open-market or private transaction, and now reports no directly held shares following this transaction.
Was the SMTC insider sale made under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no indication in the footnotes that the September 16, 2026 sale was made under a Rule 10b5-1 trading plan.
What does the footnote in the SMTC Form 4 say about the reported sale price?
The footnote states the reported price is a weighted average of multiple sales, with prices ranging from $165.00 to $165.03, and that detailed price and share information for each trade is available from the reporting person upon request.
AI-generated analysis. How Rhea-AI works. Not financial advice.