Microchip officer plans $310K stock sale in 2026
MICROCHIP TECHNOLOGY INC (MCHP) has an affiliate preparing for a potential resale of common stock under Rule 144.
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Rhea-AI Filing Summary
MICROCHIP TECHNOLOGY INC (MCHP) has an affiliate preparing for a potential resale of common stock under Rule 144. James Eric Bjornholt, identified as an officer, has filed to permit the sale of up to 4,112 shares of Microchip common stock through Fidelity Brokerage Services LLC, with an indicated aggregate market value of $309,715.84 and an approximate sale date of August 25, 2026 on NASDAQ. The filing notes that Microchip had 543,008,691 shares outstanding of common stock. It also references RSU vesting events from the issuer for 2,387 shares and 1,725 shares scheduled on August 17, 2026 and August 15, 2026, respectively, as sources of securities to be sold.
Key Figures
Key Terms
Rule 144 regulatory
RSU Vesting financial
attorney-in-fact regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Who is the person for whose account the MCHP securities may be sold?
Which broker is handling the potential MCHP Rule 144 sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.