Form 4: Semtech SVP and GM, Madhusudhan Rayabhari, Reports Stock Transactions
SEC Form 4 Filing
Madhusudhan Rayabhari, SVP and GM of Semtech, reports the vesting of restricted stock units and associated stock transactions.
Summary
- On March 27, 2025, Madhusudhan Rayabhari, SVP and GM of Semtech Corp, reported transactions involving Semtech common stock.
- Rayabhari exercised 3,230 restricted stock units (RSUs) that vested on the same date.
- He also disposed of 1,641 shares to cover tax obligations at a price of $38.69 per share.
- Following these transactions, Rayabhari directly owns 56,115 shares of Semtech common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents standard insider trading activity related to vested stock options and tax obligations.
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 key personnel and their potential impact on the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are routine and do not indicate a significant change in the insider's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| October 6, 2023 | Date of Power of Attorney granted to Jeffrey Gutierrez. |
| March 27, 2025 | Date of stock transactions and RSU vesting. |
| April 01, 2025 | Date of signature for the report. |
Keywords
Semtech, SMTC, Form 4, Rayabhari, Stock Transaction, Restricted Stock Units, Insider Trading
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