Form 4: Semtech Corp CEO Hong Q. Hou Reports Stock Unit Transaction
SEC Form 4 Filing
Semtech Corp's CEO, Hong Q. Hou, reports the acquisition and disposal of common stock units on June 9, 2024, related to restricted stock units.
Summary
- On June 9, 2024, Hong Q. Hou, the President and CEO of Semtech Corp, engaged in a transaction involving common stock.
- Hou acquired 3,534 shares of common stock at a price of $31.18 per share.
- Simultaneously, Hou disposed of 3,534 shares of common stock.
- These transactions are related to the vesting of restricted stock units.
- The reporting was filed on June 10, 2024.
Sentiment
Score: 5
Explanation: This is a neutral filing related to standard executive compensation practices; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and stock-based awards, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| October 6, 2023 | Date of Power of Attorney granted by Hong Q. Hou. |
| 06/09/2024 | Date of the stock transaction (acquisition and disposal). |
| 06/10/2024 | Date the Form 4 was signed. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.