Family trust of Semtech (SMTC) COO sells 10,000 company shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($920,000)
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)
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FAQ
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.
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.