Microchip Technology (NASDAQ: MCHP) insider plans 94,869-share Rule 144 sale
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Microchip Technology insider Steve Sanghi has filed a Rule 144 notice to sell up to 94,869 shares of common stock through Fidelity Brokerage Services on the NASDAQ. The filing lists an aggregate market value of $7,823,191.83 for these shares and notes an approximate sale date of February 12, 2026.
The shares to be sold were acquired via restricted stock units that vested on multiple dates, including 14,425 shares on November 15, 2023 and 38,930 shares on August 15, 2022. The notice also reports that Sanghi sold 18,509 shares for $1,465,883.19 on January 22, 2026 and 98,814 shares for $7,959,813.55 on January 28, 2026. Microchip had 540,446,834 shares of common stock outstanding at the time referenced.
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FAQ
What does Microchip (MCHP) insider Steve Sanghi’s Form 144 filing disclose?
The Form 144 shows Steve Sanghi intends to sell up to 94,869 Microchip common shares. The filing estimates aggregate market value of $7,823,191.83 and identifies NASDAQ as the exchange, indicating a planned Rule 144 sale rather than an immediate completed transaction.