Who executed the recent Semtech (SMTC) share sale reported on Form 4?

The sale was executed by The Silberstein Family Trust DTD 07/11/2016, for which EVP and COO Asaf Silberstein serves as trustee. The filing attributes beneficial ownership to the trust rather than a direct personal holding by Silberstein.

Semtech EVP-linked trust sells 10,000 shares

Semtech Corp’s EVP and COO Asaf Silberstein, through The Silberstein Family Trust DTD 07/11/2016, completed an open-market sale of 10,000 shares of common stock on February 9, 2026 at $92 per share.

Accepted by SEC EDGAR 02/11/2026 - 04:01 PM EST

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Rhea-AI Filing Summary

Semtech Corp’s EVP and COO Asaf Silberstein, through The Silberstein Family Trust DTD 07/11/2016, completed an open-market sale of 10,000 shares of common stock on February 9, 2026 at $92 per share. Following this planned Rule 10b5-1 trade, the trust beneficially owns 68,496 shares.

Insider Trade Summary

Net Seller: 10,000 shares

Net Sell 1 txn

Insider Silberstein Asaf

Role EVP and COO

Sold 10,000 shs ($920K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$92.00	$920K

Holdings After Transaction: Common Stock — 68,496 shares (Direct)

Footnotes (1)

F1. Shares are held by The Silberstein Family Trust DTD 07/11/2016, for which the Reporting Person serves as Trustee.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Semtech (SMTC) report for February 9, 2026?

Semtech reported an open-market sale of 10,000 shares of common stock on February 9, 2026. The transaction is attributed to The Silberstein Family Trust associated with EVP and COO Asaf Silberstein, at a price of $92 per share.

How many Semtech (SMTC) shares were sold and at what price?

The filing shows an open-market sale of 10,000 shares of Semtech common stock at a price of $92 per share. This single transaction was coded as a sale under SEC rules and reported as a non-derivative security trade.

How many Semtech (SMTC) shares remain beneficially owned after the sale?

After the February 9, 2026 transaction, the trust beneficially owns 68,496 shares of Semtech common stock. This figure reflects the reported holdings following the 10,000-share sale and is listed as directly owned in the Form 4.

Was the Semtech (SMTC) insider sale under a Rule 10b5-1 trading plan?

Yes. The remarks state the transaction was executed pursuant to a Rule 10b5-1 trading plan adopted by Mr. Silberstein on September 5, 2025. Such plans pre-schedule trades to help separate them from day-to-day market timing decisions.

What is Asaf Silberstein’s role at Semtech (SMTC) in this insider filing?

Asaf Silberstein is identified as an officer of Semtech, serving as Executive Vice President and Chief Operating Officer. He is the reporting person on the Form 4, acting as trustee for The Silberstein Family Trust that holds the reported shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Silberstein Asaf

(Last)

(First)

(Middle)

200 FLYNN ROAD

(Street)

CAMARILLO

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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	EVP and COO

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/09/2026		S		10,000	D	$92	68,496⁽¹⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Shares are held by The Silberstein Family Trust DTD 07/11/2016, for which the Reporting Person serves as Trustee.

Remarks:

This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Mr. Silberstein on September 5, 2025.

	/s/Asaf Silberstein by Mark Lin under Power of Attorney dated November 5, 2025 (Copy On File)	02/11/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR