Form 4: Semtech Director Li Ye Jane Reports Share Vesting, New RSU Grant, and Trust Transfer

Semtech Corp. Director Li Ye Jane reported the vesting of 2,857 restricted stock units, the acquisition of 2,857 common shares, a new grant of 5,321 restricted stock units, and a transfer of 10,000 shares to a family trust.

Summary

• Semtech Corp. Director Li Ye Jane filed a Form 4 detailing changes in her beneficial ownership of company securities.
• On June 4, 2025, 2,857 Restricted Stock Units (RSUs) fully vested, resulting in the acquisition of 2,857 shares of Semtech common stock at a price of $0.
• On June 5, 2025, Ms. Li was granted 5,321 new Restricted Stock Units (RSUs) at a price of $0.
• These newly granted RSUs are set to vest on the earlier of the one-year anniversary of the award or the day immediately preceding the first annual meeting of stockholders following the grant.
• On February 3, 2025, Ms. Li transferred 10,000 shares of Semtech common stock to The Ye Jane Li Grantor Retained Annuity Trust for no consideration, while remaining the beneficial owner as trustee and beneficiary.

Sentiment

Score: 5

Explanation: The document is a routine insider transaction report (Form 4) detailing share vesting, a new RSU grant, and a trust transfer. These are standard activities for a director and do not inherently indicate positive or negative sentiment regarding the company's performance or outlook.

Positives

• The grant of 5,321 new Restricted Stock Units to Director Li Ye Jane indicates continued alignment of management incentives with shareholder interests.

Future Outlook

The 5,321 newly granted Restricted Stock Units will vest on the earlier of the one-year anniversary of the award date or the day immediately preceding the first annual meeting of stockholders following the grant.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, common across all publicly traded companies. It reflects standard compensation practices (RSU grants and vesting) and personal financial planning (trust transfers) for corporate directors.

Related Party Transactions

• On February 3, 2025, the reporting person transferred 10,000 shares of Semtech common stock to The Ye Jane Li Grantor Retained Annuity Trust for no consideration. The reporting person is the trustee and a beneficiary of the trust, maintaining beneficial ownership.

Stakeholder Impact

• Shareholders: The vesting and grant of RSUs are part of the director's compensation, aligning their interests with long-term shareholder value. The trust transfer is a personal financial planning matter with no direct impact on other shareholders.

Next Steps

• The newly granted 5,321 Restricted Stock Units will vest on the earlier of the one-year anniversary of the award or the day immediately preceding the first annual meeting of stockholders following the grant.

Key Dates

Keywords

Semtech, SMTC, Form 4, Insider Transaction, Beneficial Ownership, Restricted Stock Units, RSU, Director, Stock Grant, Trust Transfer