Form 4: Semtech Corp Director Gregory Michael Fischer Reports Transaction in Company Stock
SEC Form 4 Filing
Director Gregory Michael Fischer reports a transaction involving Semtech Corp (SMTC) common stock, according to a recent SEC Form 4 filing.
Summary
- On June 9, 2024, Gregory Michael Fischer, a director of Semtech Corp, reported a transaction involving the company's common stock.
- Fischer acquired 3,534 shares of common stock at a price of $31.18.
- Fischer disposed of 4,422 shares of common stock.
- Following the reported transaction, Fischer beneficially owns 4,422 shares of Semtech common stock.
- The transaction involved the vesting of restricted stock units, with each unit representing one share of Semtech common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| October 6, 2023 | Date of Power of Attorney granted by Gregory M. Fischer. |
| June 9, 2024 | Date of the stock transaction reported in Form 4. |
| June 10, 2024 | Date of signature on the Form 4 filing. |
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