---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-235323"
form_type: "8-K"
ticker: "SMTC"
cik: "0000088941"
company_name: "SEMTECH CORP"
filed_at: "2023-09-14T23:59:59+00:00"
generated_at: "2026-06-10T18:22:32.579518+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Semtech EVP & GM Gary Beauchamp departs; consulting, $619K CAD severance

## Summary
- Gary Beauchamp separates from Semtech on Sept 15, 2023 as EVP, GM of Signal Integrity Products Group.
- Enters 12-month consulting agreement; receives separation benefits of $619,172 CAD over consulting period.
- Time-based restricted stock units scheduled to vest by Mar 31, 2024 accelerate and vest on separation date.
- Departure Agreement includes a general release of claims by Beauchamp.

## SEC filing metadata
- accession: 0001193125-23-235323
- form_type: 8-K
- ticker: SMTC
- cik: 0000088941
- company_name: SEMTECH CORP
- filed_at: 2023-09-14T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88941/000119312523235323/0001193125-23-235323-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88941/000119312523235323/d537107d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-235323
- JSON: https://secwatch.observer/filing/0001193125-23-235323.json
- Plain text: https://secwatch.observer/filing/0001193125-23-235323.txt

## Key facts
- Executive change
  Gary Beauchamp departed as Executive Vice President and General Manager, Signal Integrity Products Group at SEMTECH CORP.
  - Action: separate
  - Role: Executive Vice President and General Manager, Signal Integrity Products Group
  source text: On September 14, 2023, Semtech Corporation, a Delaware corporation (“Semtech” or the “Company”), announced that Gary Beauchamp, Semtech’s Executive Vice President and General Manager, Signal Integrity Products Group, will separate from employment with the Company on September 15, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88941/000119312523235323/0001193125-23-235323-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.