Green Jason Elliot exercised Options covering 2,511 Semtech shares at $0 and separately forfeited 989 shares at $163.94 per share on September 10, 2026. The transactions matter to investors because they change the executive’s reported share holdings and derivative securities, with disclosed percentages tied to each transaction’s applicable holding base.

Key Highlights

  • Elliot’s reported share ownership after the option exercise was 11,122 shares.
  • The executive forfeited 989 Semtech shares at $163.94 per share.
  • His derivative securities holding after the exercise stood at 15,065.

Semtech Corp (NASDAQ: SMTC) executive Green Jason Elliot exercised options for 2,511 shares at $0 on September 10, 2026. Elliot serves as the company’s executive vice president and chief commercial officer. The filing reported Elliot’s holdings following the option exercise. A separate share forfeiture was recorded on the same date.

Option Exercise Changes Reported Holdings

The option exercise used transaction code M and left Elliot with 11,122 shares. The exercise also covered 2,511 derivative securities, taking his reported derivative securities holding to 15,065. The share exercise represented about 22.6% of the resulting shares holding. The derivative securities exercise represented about 14.3% of the prior derivative securities holding.

Separate Share Forfeiture Recorded

Elliot forfeited 989 Semtech shares at $163.94 per share on September 10, 2026. The transaction carried code F and left him with 10,133 shares. The forfeiture represented about 8.9% of Elliot’s prior shares holding. The reported percentages use different reference points, with the exercise measured against the resulting shares holding and the forfeiture measured against the prior shares holding. Transaction code M denotes the exercise or conversion of a derivative security.