Semtech (SMTC) executive compensation, 2026 proxy

Hong Q. Hou, President and Chief Executive Officer, was paid $8.2M in fiscal Year 2026, up 21% from $6.8M the year before. The CEO-to-median-employee pay ratio was 94:1, on median employee pay of $86,709.

Filed
April 21, 2026
Annual meeting
June 4, 2026
Pay year
fiscal Year 2026
Named executives
6
CEO total pay
$8.2M+21% vs prior year
CEO to median employee
94:1median $86,709
CEO pay in equity
80%$6.6M in awards
Prior say-on-pay support
87%of votes cast
CEO Total Compensation
$8,177,250Fiscal year 2026 total
Pay Ratio
94:1CEO to median employee
Median Employee Pay
$86,709Annual total compensation
Stockholder Outreach
63%Institutional shares reached

How Hou was paid

$8.2M in total for fiscal Year 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary8%Stock awards80%Non-equity incentive11%All other compensation0%

Named executive officers

ExecutiveTotal
Hong Q. HouPresident and Chief Executive Officer$8,177,250
Mark LinExecutive Vice President and Chief Financial Officer$2,794,589
Asaf SilbersteinExecutive Vice President and Chief Operating Officer$2,939,932
Jason GreenExecutive Vice President and Chief Commercial Officer$4,385,122
J. Michael WilsonChief Quality Officer and Chief Technology Officer$1,915,849
Madhusudhan RayabhariSenior Vice President and General Manager, Analog Mixed Signal and Wireless$2,254,906

What changed and why

  • $8.2MCEO total compensation increased to $8,177,250 for fiscal year 2026.
  • Annual cash incentive awards were based on net sales and non-GAAP operating income.
  • Performance-based units vest based on financial metrics and relative total stockholder return.
  • 63%Directors proactively engaged with institutional stockholders representing approximately 63% of outstanding shares.
  • 87.3%Approximately 87.3% of votes cast supported the 2025 say-on-pay proposal.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.