Form 4: Semtech CEO Sells Shares
Insider Transaction (Form 4)
Hong Q Hou, President and CEO and a Director of Semtech Corp, sold 2,000 shares of common stock on October 1, 2026 for $191.21 per share.
Summary
- Option exercise/conversion: acquired 6,483 Common Stock on October 1, 2026; holds 71,275 after (Direct).
- Tax/exercise-price withholding: disposed of 3,299 Common Stock at $178.35 ($588,377) on October 1, 2026; holds 67,976 after (Direct).
- Open-market sale: disposed of 2,000 Common Stock at $191.21 ($382,420) on October 2, 2026; holds 65,976 after (Direct).
- Option exercise/conversion: disposed of 6,483 Restricted Stock Unit on October 1, 2026; holds 19,450 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $382,420 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Hong Q Hou — Director, Officer (President and CEO)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-01 | Option exercise/conversion | Common Stock | 6,483 | — | — | 71,275 |
| 2026-10-01 | Tax/exercise-price withholding | Common Stock | 3,299 | $178 | $588.4K | 67,976 |
| 2026-10-02 | Open-market sale | Common Stock | 2,000 | $191 | $382.4K | 65,976 |
| 2026-10-01 | Option exercise/conversion | Restricted Stock Unit | 6,483 | — | — | 19,450 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-01 | Option exercise/conversion (6,483 shares) |
| 2026-10-01 | Tax/exercise-price withholding (3,299 shares) |
| 2026-10-02 | Open-market sale (2,000 shares) |
| 2026-10-01 | Option exercise/conversion (6,483 shares) |
Keywords
insider transaction, Form 4, SMTC, SEMTECH CORP, bearish, Hong Q Hou
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