Form 4: Semtech EVP Thomas Mueller Reports Stock Transactions
SEC Form 4 Filing
Semtech EVP Thomas John Mueller reports the acquisition and disposal of common stock and restricted stock units on March 7, 2024.
Summary
- On March 7, 2024, Thomas John Mueller, an EVP at Semtech Corp, reported transactions involving Semtech's common stock and restricted stock units.
- Mueller acquired 3,641 shares of common stock through the vesting of restricted stock units.
- He also disposed of 1,887 shares of common stock at a price of $23.32 per share.
- Following these transactions, Mueller directly owns 5,358 shares of common stock and 7,282 restricted stock units.
Sentiment
Score: 5
Explanation: This is a standard regulatory filing related to insider trading. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information about stock transactions.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and potentially gain insights into their perspectives on the company's prospects.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly increasing the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| October 6, 2023 | Date of Power of Attorney granted to Mark Lin. |
| March 7, 2024 | Date of stock transactions and vesting of restricted stock units. |
| March 7, 2024 | First vesting date of the restricted stock unit grant. |
| March 11, 2024 | Date of signature on the Form 4 filing. |
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