MICROCHIP TECHNOLOGY INC 4
0001181928-26-000036
View on SEC EDGARMicrochip Technology CEO Steve Sanghi had 28,853 RSUs vest into common stock and disposed of 11,931 shares for tax withholding on August 15, 2026, at an implied price of $80.26 per share, increasing his net indirect holdings.
On August 15, 2026, Microchip Technology Inc. President, CEO and Chair of the Board Steve Sanghi reported the vesting and settlement of 28,853 restricted stock units into common stock at an implied price of $80.26 per share, followed by a same‑day disposition of 11,931 shares at the same price to cover tax withholding, all held indirectly through a trust and family limited partnership. The net effect was an increase of approximately 16,922 indirectly held shares, bringing his indirect ownership to 9,435,057–9,446,988 shares as disclosed in the footnotes, with the RSU footnote clarifying that this Form 4/A amends prior reporting only to correct the vesting schedule (two 28,853‑share installments in 2026 and two 28,854‑share installments into early 2027) and does not reflect an open‑market purchase or discretionary sale. Using the $80.26 reference price, the RSU vesting was worth about $2.3 million, the tax‑related share disposition about $0.96 million, and Sanghi’s post‑transaction indirect stake is valued at roughly $756–$758 million, underscoring a large, ongoing ownership position despite these routine compensation‑related transactions.
Filing Facts
- CIK
- 827054
- Ticker
- MCHP
- Form
- 4
- Source Type
- sec
- Accession
- 0001181928-26-000036
- Alert Tier
- 8