Form 4: Semtech SVP William Ross Gray Reports Stock Transactions
SEC Form 4 Filing
Semtech SVP William Ross Gray reports the acquisition and disposal of common stock and restricted stock units on January 13, 2025.
Summary
- William Ross Gray, SVP and GM of Semtech Corp, filed a Form 4 detailing changes in beneficial ownership.
- On January 13, 2025, Gray exercised 4,001 restricted stock units (RSUs) for common stock.
- Also on January 13, 2025, Gray disposed of 2,142 shares of common stock at a price of $66.15.
- Following these transactions, Gray directly owns 4,638 shares of common stock and 8,003 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting stock transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company insider.
Key Dates
| Date | Description |
|---|---|
| October 6, 2023 | Date of Power of Attorney granted to Mark Lin. |
| January 13, 2024 | First vesting date of the restricted stock unit grant. |
| January 13, 2025 | Date of stock unit exercise and stock disposal. |
| January 15, 2025 | Date of Form 4 filing. |
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