Semtech (SMTC) director sells 500 shares in pre-set 10b5-1 plan

Rhea-AI Filing Summary

SEMTECH CORP director Paul V. Walsh Jr. reported a small automatic sale of company stock. On January 21, 2026, he sold 500 shares of Semtech common stock at a price of $78.25 per share, in a transaction coded "S" for a sale. After this trade, he beneficially owned 25,279 shares of Semtech common stock in direct ownership. The filing notes that this transaction was carried out under a Rule 10b5-1 trading plan that Mr. Walsh adopted on July 9, 2025, indicating it was pre-arranged rather than a discretionary, ad hoc sale.

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).

X

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^*

Walsh Paul V Jr

(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)
01/21/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	01/21/2026		S		500	D	$78.25	25,279	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:

Remarks:

This transaction is pursuant to a Rule 10b5-1 trading plan adopted by Mr. Walsh on July 9, 2025.

	/s/Paul V. Walsh Jr. by Mark Lin under Power of Attorney dated October 6, 2023 (Copy On File)	01/23/2026
	** 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.

FAQ

What insider transaction did SEMTECH CORP (SMTC) disclose in this Form 4?

The filing shows that director Paul V. Walsh Jr. sold 500 shares of Semtech common stock on January 21, 2026 at a price of $78.25 per share, coded as a sale ("S").

How many SEMTECH CORP (SMTC) shares does Paul V. Walsh Jr. hold after the transaction?

After the reported sale, Paul V. Walsh Jr. beneficially owned 25,279 shares of Semtech common stock, held in direct ownership.

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

Yes. The remarks state that the transaction was made pursuant to a Rule 10b5-1 trading plan adopted by Mr. Walsh on July 9, 2025.

What is the role of the reporting person in SEMTECH CORP (SMTC)?

The reporting person, Paul V. Walsh Jr., is identified as a director of SEMTECH CORP and is not listed as an officer or 10% owner in this filing.

Is the reported SEMTECH CORP (SMTC) insider transaction a direct or indirect holding?

The Form 4 indicates the holdings as direct ownership, with the ownership form coded as "D" and no indirect ownership entity described.

Does this Form 4 report any derivative securities for SEMTECH CORP (SMTC)?

No derivative securities are reported as acquired, disposed of, or held. The table for derivative securities contains no filled transactions in this excerpt.