secwatch.observer — SEC 8-K summary
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Issuer:     SEMTECH CORP (SMTC)
CIK:        0000088941
Form:       8-K
Filed at:   2025-02-24T23:59:59+00:00
Accession:  0000088941-25-000028
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Semtech SVP Global Sales Mark Russell to depart March 6; severance of $175,000
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- Mark P. Russell, Senior Vice President, Global Sales and Marketing, will leave Semtech on March 6, 2025.
- Separation agreement provides a lump sum cash severance payment of $175,000.
- Company will also reimburse COBRA premiums for up to 12 months and pay a FY2025 cash bonus subject to release of claims.
- No successor has been named; search for replacement is expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/88941/000008894125000028/0000088941-25-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/88941/000008894125000028/smtc-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000088941-25-000028

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