[Form 4] SEMTECH CORP Insider Trading Activity

Rhea-AI Filing Summary

Insider sale reported: The Form 4 shows that Martin Burvill, a director of Semtech Corp (SMTC), sold 3,500 shares of Semtech common stock on 09/16/2025 at a weighted-average price of $62.7536 per share. Following the transaction, Burvill beneficially owned 6,909 shares, reported as direct ownership. The filing notes the sale prices ranged from $62.7535 to $62.785 and that price and share details are available upon request. The Form 4 was signed on 09/18/2025 by Martin Burvill via Mark Lin under a power of attorney dated October 6, 2023.

Positive

• Timely disclosure of insider transaction consistent with Section 16 reporting requirements
• Detailed pricing provided including weighted-average price and price range for the sale

Negative

• Director disposition of 3,500 shares, reducing direct beneficial ownership to 6,909 shares

Insights

Corporate Governance Expert

TL;DR: Director sold a modest number of shares; filing is a routine Section 16 disclosure and appears procedural.

The reported sale of 3,500 shares by Director Martin Burvill reduces his direct beneficial ownership to 6,909 shares. The transaction is disclosed promptly and includes a weighted-average sale price and a price range. The filing is signed under a power of attorney, which is common for Form 4s. There is no additional disclosure of derivative activity, option exercises, or related-party transfers in the document. Based solely on this filing, the transaction appears to be a routine disposition rather than a material corporate event.

Securities Analyst

TL;DR: Transaction provides clear disclosure of a director sale; not sufficient alone to change valuation assumptions.

The Form 4 documents a sale executed on 09/16/2025 with a weighted-average price of $62.7536 and a reported post-transaction holding of 6,909 shares. The note that prices ranged slightly indicates multiple sale executions aggregated for reporting. There is no evidence in this filing of larger insider pattern changes, open-market purchases, or derivative positions. As a single disclosure, it supplies compliance transparency but does not convey new operational or financial information about the issuer.

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

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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).

1. Name and Address of Reporting Person^*

Burvill Martin

(Last) (First) (Middle)

200 FLYNN RD.

(Street)

CAMARILLO CA 93012

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2025

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	09/16/2025		S		3,500	D	$62.7536(1)	6,909	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. The price represents the weighted average of these sales. The prices ranged from $62.7535 to $62.785. Price and share details are available upon request.

Remarks:

	/s/Martin Burvill by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)	09/18/2025
	** 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

What did the Form 4 for SMTC filed by Martin Burvill disclose?

It disclosed a sale of 3,500 Semtech common shares on 09/16/2025 at a weighted-average price of $62.7536, leaving 6,909 shares beneficially owned.

When was the transaction executed and when was the Form 4 signed?

Transaction date: 09/16/2025. Form signed: 09/18/2025 by Martin Burvill via Mark Lin under power of attorney dated October 6, 2023.

What price range was reported for the sale of SMTC shares?

Reported range: prices ranged from $62.7535 to $62.785; the filing states the weighted-average price was $62.7536.

Does the Form 4 report any derivative or option transactions for SMTC?

No. The filing includes only a non-derivative common stock sale; Table II (derivative securities) contains no reported transactions.

Who signed the Form 4 and under what authority?

Signature: /s/ Martin Burvill by Mark Lin under Power of Attorney dated October 6, 2023, signed 09/18/2025.