[Form 4] Semtech Corp Insider Trading Activity

Rhea-AI Filing Summary

Semtech Corp's EVP and COO Asaf Silberstein reported two sales transactions of common stock on June 24, 2025:

• First sale: 1,000 shares at $42.49 per share
• Second sale: 1,000 shares at $43.48 per share

Following these transactions, Silberstein's direct ownership decreased to 105,996 shares. The shares were held through The Silberstein Family Trust DTD 07/11/2016, where he serves as Trustee. The Form 4 was filed on June 28, 2025, within the required reporting timeline. The sales were executed at prices showing an upward movement from $42.49 to $43.48, suggesting favorable market conditions during the trading window.

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
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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^*

Silberstein Asaf

(Last) (First) (Middle)

200 FLYNN ROAD

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
06/24/2025

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	06/24/2025		S		1,000(1)	D	$42.49	106,996	D
Common Stock	06/24/2025		S		1,000(1)	D	$43.48	105,996	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

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:

	/s/Asaf Silberstein by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)	06/26/2025
	** 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.

FAQ

How many SMTC shares did EVP and COO Asaf Silberstein sell on June 24, 2025?

EVP and COO Asaf Silberstein sold a total of 2,000 shares of SMTC common stock on June 24, 2025, in two separate transactions of 1,000 shares each.

What was the sale price of SMTC shares in Silberstein's transactions?

Asaf Silberstein sold 1,000 shares at $42.49 per share and another 1,000 shares at $43.48 per share on June 24, 2025.

How many SMTC shares does Asaf Silberstein own after the reported transactions?

Following the reported transactions, Asaf Silberstein directly owns 105,996 shares of Semtech Corporation (SMTC) common stock.

Who holds the SMTC shares sold by Silberstein?

According to the filing's explanatory notes, the shares are held by The Silberstein Family Trust DTD 07/11/2016, for which Asaf Silberstein serves as Trustee.

What is Asaf Silberstein's position at SMTC?

Asaf Silberstein serves as Executive Vice President (EVP) and Chief Operating Officer (COO) of Semtech Corporation.