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Affiliate of Microchip Technology (NASDAQ: MCHP) reports recent sales and planned disposals

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Microchip Technology affiliate reported planned and recent share dispositions. The filing lists planned sales of common stock and shows two recent transactions by Richard Simoncic: 10,000 shares sold on 05/13/2026 for $975,461.51 and 5,000 shares sold on 05/22/2026 for $467,175. The notice also lists RSU grants of 395, 2,250, and 2,355 shares with grant dates of 08/15/2023, 11/15/2023, and 08/15/2024 respectively.

Positive

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Insights

Filing documents affiliate share disposals and RSU grant history.

The notice records proposed sales and two completed transactions by an affiliate, showing concrete sale amounts: 10,000 shares for $975,461.51 (05/13/2026) and 5,000 shares for $467,175 (05/22/2026). These amounts reflect the gross proceeds reported for those disposals.

Timing and further sales plans are described as planned in the listing; subsequent filings may disclose additional activity. Cash‑flow recipients and any trading plan references are not shown in the excerpt.

Sale on 05/13/2026 10,000 shares sold for $975,461.51 on 05/13/2026
Sale on 05/22/2026 5,000 shares sold for $467,175 on 05/22/2026
RSU grant 08/15/2023 395 shares Stock bonus, RSU grant dated 08/15/2023
RSU grant 11/15/2023 2,250 shares Stock bonus, RSU grant dated 11/15/2023
RSU grant 08/15/2024 2,355 shares Stock bonus, RSU grant dated 08/15/2024
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
RSU financial
"Stock Bonus, RSU | Microchip Technology Inc"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
Securities To Be Sold regulatory
"144: Securities To Be Sold"
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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What did Microchip Technology (MCHP) affiliate report in the Form 144?

The filing reports planned share dispositions and two recent sales by an affiliate. It shows 10,000 shares sold on 05/13/2026 for $975,461.51 and 5,000 shares sold on 05/22/2026 for $467,175.

Who executed the recent transactions reported in the Form 144 for MCHP?

The transactions were reported in the filing as executed by Richard Simoncic. The excerpt lists his two dispositions on 05/13/2026 and 05/22/2026 with the share and dollar amounts above.

Are any RSU grants shown in the MCHP Form 144 excerpt?

Yes. The excerpt lists RSU/stock bonus grants of 395 shares (08/15/2023), 2,250 shares (11/15/2023), and 2,355 shares (08/15/2024), presented as background grant information in the filing.

Do the Form 144 entries state who received proceeds from the sales?

The excerpt reports gross proceeds for the two sales but does not state who specifically received the cash. The filing lists amounts of $975,461.51 and $467,175 without naming the cash recipient.

Was an underwriter or broker identified for the planned sales in this Form 144?

The filing shows a broker address (Merrill Lynch) in the securities header but the excerpt does not attach specific distribution methods to the planned sales or confirm underwriting arrangements.