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