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.
Summary
- William Ross Gray, SVP and GM of Semtech Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 7, 2025, Gray exercised 2,124 restricted stock units (RSUs) for common stock.
- Also on March 7, 2025, Gray disposed of 1,137 shares of common stock at a price of $32.33.
- Following these transactions, Gray directly owns 11,692 shares of Semtech common stock.
- Gray also holds 17,342 restricted stock units, which vest over time.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions by an insider, with no inherent positive or negative implications.
Future Outlook
The reported restricted stock units vest over time, indicating continued alignment of the reporting person's interests with the company's performance.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This allows investors to monitor the actions of key personnel and their potential impact on the stock.
Stakeholder Impact
- Shareholders can use this information to understand insider sentiment and potential future stock performance.
Key Dates
| Date | Description |
|---|---|
| 10/06/2023 | Power of Attorney dated October 6, 2023, was signed by William Ross Gray and is on file. |
| 03/07/2024 | Beginning of annual installments for vesting of an RSU grant. |
| 03/06/2025 | Date of restricted stock unit acquisition. |
| 03/07/2025 | Date of common stock transaction and RSU exercise. |
| 03/10/2026 | One third of the RSU grant vests. |
| 06/10/2026 | Beginning of quarterly installments for vesting of the remaining RSU grant. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.