Form 4: Semtech Corp Executive Asaf Silberstein Reports Stock Transactions

Semtech Corp's EVP and COO, Asaf Silberstein, reported the acquisition of 2,365 shares and the disposal of 972 shares of common stock on January 2, 2025.

Summary

• Asaf Silberstein, EVP and COO of Semtech Corp, filed a Form 4 detailing changes in beneficial ownership of company stock.
• On January 2, 2025, Silberstein acquired 2,365 shares of common stock through the vesting of restricted stock units.
• On the same day, Silberstein disposed of 972 shares of common stock at a price of $61.85 per share.
• Following these transactions, Silberstein beneficially owns 78,417 shares of Semtech common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of stock transactions, and does not indicate any positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common practice in publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transactions are typical for executives who receive stock-based compensation.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they represent a small change in the overall share ownership.

Key Dates

Keywords

Semtech Corp, insider trading, Form 4, stock transaction, beneficial ownership, Asaf Silberstein, executive compensation, restricted stock units