Semtech CFO sells shares, exercises stock units
Semtech Executive Vice President and CFO Mark Lin reported a combination of stock transactions involving his common shares and restricted stock units.
Rhea-AI Filing Summary
Semtech Executive Vice President and CFO Mark Lin reported a combination of stock transactions involving his common shares and restricted stock units. He exercised 2,349 restricted stock units into common stock, with 1,196 shares disposed of to cover tax obligations and 683 shares sold in an open-market transaction at $155.16 per share.
The filing notes that the sale was made pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on June 23, 2025. After these transactions, Lin directly holds 34,263 shares of Semtech common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
4 txns
Insider
Lin Mark
Role
EVP and CFO
Sold
683 shs ($106K)
Approx. gross sale proceeds
$106K
Approx. exercise cost
$0.00
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 2,349 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,349 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,196 | $157.52 | $188K |
| Sale | Common Stock | 683 | $155.16 | $106K |
Holdings After Transaction:
Restricted Stock Unit — 16,439 contracts (Direct);
Common Stock — 34,263 shares (Direct)
Footnotes (3)
- F1. This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lin on June 23, 2025.
- F2. Each stock unit represents the contingent right to receive one share of Semtech common stock.
- F3. One third of this grant vested on March 10, 2026 and the remainder of this grant vests in eight quarterly installments beginning on June 10, 2026.
Key Figures
Open-market sale: 683 shares at $155.16/share
Tax-withholding shares: 1,196 shares at $157.52/share
RSUs converted: 2,349 shares
+2 more
5 metrics
Open-market sale
683 shares at $155.16/share
Common Stock sale on June 10, 2026
Tax-withholding shares
1,196 shares at $157.52/share
Shares delivered to cover tax liability
RSUs converted
2,349 shares
Restricted Stock Units converted into common stock
Post-transaction holdings
34,263 shares
Common Stock directly owned after transactions
Net buy/sell direction
Net-sell of 683 shares
Aggregate open-market sale vs. purchases
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Unit, tax-withholding disposition, derivative exercise/conversion, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Mr. Lin on June 23, 2025."
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.
Restricted Stock Unit financial
"security_title: "Restricted Stock Unit""
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
derivative exercise/conversion financial
"transaction_action: "derivative exercise/conversion""
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider stock transactions did Semtech (SMTC) CFO Mark Lin report?
Semtech CFO Mark Lin reported exercising 2,349 restricted stock units into common stock, selling 683 common shares in an open-market trade at $155.16 per share, and disposing of 1,196 shares to cover tax obligations related to the equity award.
What is the role of tax-withholding in the Semtech (SMTC) CFO’s Form 4 filing?
The Form 4 shows a tax-withholding disposition of 1,196 shares at $157.52 per share. These shares were delivered to cover tax liabilities triggered when 2,349 restricted stock units converted into common stock, and do not represent an open-market sale decision.
What equity award activity did Semtech (SMTC) disclose for CFO Mark Lin?
The filing reports that 2,349 restricted stock units were converted into an equal number of Semtech common shares at a conversion price of $0.00. This reflects the vesting and settlement of an existing equity award rather than a new grant of options or units.
AI-generated analysis. How Rhea-AI works. Not financial advice.
