Madhusudhan Rayabhari - 04 Jun 2025 Form 4 Insider Report for SEMTECH CORP (SMTC)

Reporting relationship: SVP and GM
Issuer ticker: SMTC
Reported as of: 04 Jun 2025
Net transaction value: -$210,901
SEC form: 4
Accepted by SEC: 06 Jun 2025, 16:06:23 UTC
Prior SEC filing: 01 Apr 2025
Source filing: View source filing
Reporting owner signature: /s/Madhusudhan Rayabhari by Jeffrey Gutierrez under Power of Attorney dated October 6, 2023 (Copy On File)

Key filing fact

Madhusudhan Rayabhari filed Form 4 for SEMTECH CORP (SMTC) on 06 Jun 2025.

Key facts

This page summarizes Madhusudhan Rayabhari's Form 4 filing for SEMTECH CORP (SMTC).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 06 Jun 2025, 16:06.

Change

Previous filing in this sequence was filed on 01 Apr 2025.
Current net transaction value: -$210,901.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001832524 Primary reporting owner

Rayabhari Madhusudhan

Relationship: SVP and GM
Address: 200 FLYNN RD., CAMARILLO
Signature: /s/Madhusudhan Rayabhari by Jeffrey Gutierrez under Power of Attorney dated October 6, 2023 (Copy On File)
Signature date: 06 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SMTC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +10,897
Change %: +19%
Price: $0.000000
Shares after: 67,012
Date: 04 Jun 2025
Ownership: Direct

SMTC transaction

Common Stock

Tax liability

Transaction value: $210,901
Shares: -5,534
Change %: -8.3%
Price: $38.11
Shares after: 61,478
Date: 04 Jun 2025
Ownership: Direct

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SMTC transaction Derivative

Restricted Stock Unit

Options Exercise

Transaction value: $0
Shares: -10,897
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 04 Jun 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 10,897
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each stock unit represents the contingent right to receive one share of Semtech common stock.

Footnote F2

The reporting person was granted performance stock units by Semtech in Semtech's fiscal year 2025 that are eligible to vest based on Semtech's attainment of pre-established revenue and non-GAAP operating income targets over a period of one, two, and three years, Semtech's relative total stockholder return over a period of three years, and the satisfaction of a service condition. The transaction represents the vesting and payment of the award with respect to the first year in the performance period.