Semtech Corp. SEC filings document the company’s public-company reporting for a Nasdaq-listed semiconductor and IoT connectivity issuer. Recent Form 8-K reports cover quarterly and fiscal-year operating results, Regulation FD disclosures, and material events tied to financing and capital-structure activity.
The filing record also includes definitive proxy materials for annual meeting matters such as director elections, auditor ratification, advisory executive compensation votes, and amendments to the Semtech Corporation 2017 Long-Term Equity Incentive Plan. Capital-structure disclosures identify common stock listed on the Nasdaq Global Select Market and the company’s 0% convertible senior notes due 2030 issued under an indenture with subsidiary guarantor provisions.
Semtech Corp director Paul V. Jr Walsh sold 500 shares of common stock in an open-market transaction. The sale occurred on March 18, 2026 at an average price of $80.87 per share. After this transaction, he continues to hold 24,279 Semtech shares directly.
Semtech Corporation reported record results for fiscal 2026, with net sales of $1.05 billion, up 15% year-over-year, driven by demand across data center, IoT and cellular infrastructure markets. Fourth quarter net sales reached $274.4 million, up 3% sequentially and 9% from the prior year quarter.
For fiscal 2026, GAAP gross margin improved to 51.6% and GAAP operating margin was 3.1%, while non-GAAP adjusted operating margin rose to 19.1%. GAAP diluted loss per share was $0.46, a substantial improvement from a $2.26 loss in fiscal 2025, and non-GAAP adjusted diluted earnings per share increased to $1.71.
Cash generation strengthened, with fiscal 2026 operating cash flow of $181.2 million and free cash flow of $171.4 million. For the first quarter of fiscal 2027, Semtech targets net sales of about $283 million, non-GAAP adjusted diluted earnings per share around $0.45, and an adjusted EBITDA margin near 21.0%.
Semtech Corporation reported record results for fiscal 2026, with net sales of $1.05 billion, up 15% year-over-year, driven by demand across data center, IoT and cellular infrastructure markets. Fourth quarter net sales reached $274.4 million, up 3% sequentially and 9% from the prior year quarter.
For fiscal 2026, GAAP gross margin improved to 51.6% and GAAP operating margin was 3.1%, while non-GAAP adjusted operating margin rose to 19.1%. GAAP diluted loss per share was $0.46, a substantial improvement from a $2.26 loss in fiscal 2025, and non-GAAP adjusted diluted earnings per share increased to $1.71.
Cash generation strengthened, with fiscal 2026 operating cash flow of $181.2 million and free cash flow of $171.4 million. For the first quarter of fiscal 2027, Semtech targets net sales of about $283 million, non-GAAP adjusted diluted earnings per share around $0.45, and an adjusted EBITDA margin near 21.0%.
Semtech EVP and CFO Mark Lin reported a mix of equity awards, vesting and share sales. On March 10, 2026, performance-based restricted stock units from Semtech’s fiscal 2024 program vested, converting 9,393 stock units into the same number of common shares, while 10,998 shares were withheld to cover tax obligations at prices around $85–$88 per share. He also received new grants of 12,658 common shares and 15,552 restricted stock units, which vest over multi‑year schedules. On March 10 and 11, 2026, Lin sold a total of 6,642 shares of common stock in open‑market transactions at prices near $85–$87 per share pursuant to a pre‑arranged Rule 10b5‑1 trading plan. After these transactions, he directly owns 26,536 shares of Semtech common stock.
Semtech Chief Quality Officer and CTO John Michael Wilson reported routine equity compensation activity. He exercised 5,600 restricted stock units into common shares and received new equity awards, including 9,792 restricted stock units and 6,950 shares of common stock.
To cover tax obligations on these awards, 2,850 shares and 3,537 shares of common stock were withheld at prices of $85.14 and $87.58 per share, respectively. After these transactions, he directly holds 77,965 shares of Semtech common stock, plus additional unvested stock units that vest over future dates.
Semtech EVP and COO Asaf Silberstein reported compensation-related equity activity involving performance stock units, restricted stock units, and common shares. He exercised 9,755 restricted stock units into the same number of Semtech common shares as part of a performance award vesting for the third year of a fiscal 2024 grant.
The company withheld a total of 10,017 common shares, at prices of $85.14 and $87.58 per share, to cover tax obligations, which is not an open-market sale. Silberstein also received new grants of 15,552 restricted stock units and 9,930 shares of common stock, and now directly holds 94,313 common shares. The new grants vest over time beginning on March 10, 2026 and March 10, 2027, with remaining portions vesting in eight quarterly installments after each date.
Semtech EVP and CCO Jason Elliot Green reported compensation-related equity activity. He exercised 10,043 Restricted Stock Units, receiving the same number of Semtech common shares. To cover tax obligations, 2,497 common shares were withheld at $85.14 per share, leaving 7,546 common shares directly held.
Green also received a new grant of 11,520 Restricted Stock Units, each representing the contingent right to one Semtech common share. One third of one RSU grant vests on March 10, 2026 with the remainder vesting quarterly from June 10, 2026, and another grant vests one third on March 10, 2027 with the remainder vesting quarterly from June 10, 2027.
Semtech Corp President and CEO Hong Q. Hou reported compensation-related equity transactions dated March 10, 2026. He acquired 32,516 shares of common stock through the exercise and conversion of restricted stock units and received a new award of 51,843 restricted stock units, each representing the right to one Semtech share. To cover tax obligations, 16,545 common shares were withheld, leaving him with 41,575 common shares held directly after these transactions. The new RSU grant vests over time, beginning on March 10, 2027, with additional quarterly installments.
SMTC Corp. Form 144 filed reporting a proposed sale of 3,908 shares of Common Stock through Fidelity Brokerage Services LLC on or about 03/11/2026. The filing also lists recent dispositions by Mark Lin: 1,333, 6,582, and 2,734 common shares sold on 01/05/2026, 03/06/2026, and 03/10/2026, respectively.
SEMTECH CORP’s Chief Quality Officer and CTO John Michael Wilson reported routine equity compensation activity involving restricted stock units. On March 7, 2026, he exercised 8,496 restricted stock units, receiving the same number of common shares at a stated price of $0.00 per share. A related transaction shows 4,323 common shares withheld at $82.02 per share to cover tax obligations, which is an automatic mechanism rather than an open-market sale. Following these transactions, Wilson directly holds 71,802 shares of Semtech common stock. Footnotes explain that each unit represents one share of common stock and that the underlying grant vests in three annual installments beginning on March 7, 2024, underscoring the planned, scheduled nature of these awards.
SEMTECH CORP’s Chief Quality Officer and CTO John Michael Wilson reported routine equity compensation activity involving restricted stock units. On March 7, 2026, he exercised 8,496 restricted stock units, receiving the same number of common shares at a stated price of $0.00 per share. A related transaction shows 4,323 common shares withheld at $82.02 per share to cover tax obligations, which is an automatic mechanism rather than an open-market sale. Following these transactions, Wilson directly holds 71,802 shares of Semtech common stock. Footnotes explain that each unit represents one share of common stock and that the underlying grant vests in three annual installments beginning on March 7, 2024, underscoring the planned, scheduled nature of these awards.
Semtech EVP and COO Asaf Silberstein exercised restricted stock units into common stock and had shares withheld for taxes. On March 7, 2026, he converted 12,137 restricted stock units into 12,137 shares of common stock. Of these, 6,176 shares were withheld to cover tax obligations at a price of $82.02 per share, leaving him with 84,645 directly held shares after the transactions.
Semtech EVP and COO Asaf Silberstein exercised restricted stock units into common stock and had shares withheld for taxes. On March 7, 2026, he converted 12,137 restricted stock units into 12,137 shares of common stock. Of these, 6,176 shares were withheld to cover tax obligations at a price of $82.02 per share, leaving him with 84,645 directly held shares after the transactions.