Form 4: Semtech SVP William Ross Gray Reports Stock Transactions
SEC Form 4 Filing
William Ross Gray, SVP and GM of Semtech, reports acquisition and disposal of Semtech common stock and restricted stock units.
Summary
- On March 4, 2025, William Ross Gray acquired 1,738 shares of Semtech common stock and disposed of 930 shares at $35.58.
- On March 5, 2025, Gray exercised 11,310 restricted stock units for common stock and disposed of 6,051 shares at $36.05.
- Following these transactions, Gray directly owns 10,705 shares of Semtech common stock.
- The restricted stock units vest in three annual installments beginning on March 5, 2025.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions.
Future Outlook
The restricted stock units vest in three annual installments beginning on March 5, 2025.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the buying and selling activities of company executives.
Stakeholder Impact
- Shareholders are informed about insider transactions, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| October 6, 2023 | Date of Power of Attorney |
| March 4, 2025 | Transaction date for common stock acquisition and disposal |
| March 5, 2025 | Transaction date for restricted stock unit exercise and common stock disposal; First vesting date for restricted stock units |
| March 6, 2025 | Date of signature for the Form 4 filing |
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