Microchip (MCHP) Form 144 discloses planned sale of 2,304 restricted shares
Rhea-AI Filing Summary
Form 144 notice for Microchip Technology Inc (MCHP): The filer reports a proposed sale of 2,304 common shares with an aggregate market value of $149,898.24, to be sold on or about 08/19/2025 on NASDAQ through Morgan Stanley Smith Barney LLC.
The shares were acquired as restricted stock: 1,014 shares on 08/21/2023 and 1,290 shares on 08/19/2024. The filer also reported sales in the past three months: 76 and 380 shares sold on 06/06/2025 and 494 shares sold on 05/20/2025, with gross proceeds listed for each sale.
Positive
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Negative
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Insights
TL;DR: Routine Rule 144 filing disclosing an insider's planned sale of restricted shares; amounts are modest relative to large-cap equity.
The filing documents a planned disposition of 2,304 restricted common shares to be executed through a broker on NASDAQ with a stated aggregate market value of $149,898.24 and lists prior small sales in May and June 2025. This is a compliance disclosure under Rule 144 and provides transparency about timing and provenance of the shares (restricted grants from the issuer).
TL;DR: Disclosure aligns with insider reporting obligations; no material corporate governance issues disclosed.
The notice includes acquisition dates, nature of acquisition (restricted stock from the issuer), and attestation that the seller is not aware of undisclosed material adverse information. There is no indication of a trading plan date or other contingent arrangements in the filing text provided.