Microchip Technology (MCHP) executive reports 7,087 shares and RSU awards
Rhea-AI Filing Summary
MICROCHIP TECHNOLOGY INC (MCHP) reported the initial equity holdings of Stephanus Duvenhage, Sr. Corp VP, Analog Business Unit, on a Form 3. He directly holds 7,087 shares of common stock and multiple restricted stock unit (RSU) awards, each representing a contingent right to receive one share of common stock, with vesting dates ranging from 2027 through 2030 contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
12 transactions reported
Mixed
12 txns
Insider
Duvenhage Stephanus
Role
Sr. Corp VP, Analog Bus Unit
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F2, F1 | -- | -- | -- |
| holding | Restricted Stock Units F2, F3 | -- | -- | -- |
| holding | Restricted Stock Units F2, F4 | -- | -- | -- |
| holding | Restricted Stock Units F2, F5 | -- | -- | -- |
| holding | Restricted Stock Units F2, F6 | -- | -- | -- |
| holding | Restricted Stock Units F2, F7 | -- | -- | -- |
| holding | Restricted Stock Units F2, F8 | -- | -- | -- |
| holding | Restricted Stock Units F2, F9 | -- | -- | -- |
| holding | Restricted Stock Units F2, F10 | -- | -- | -- |
| holding | Restricted Stock Units F2, F11 | -- | -- | -- |
| holding | Restricted Stock Units F2, F12 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 18,084 shares (Direct);
Common Stock — 7,087 shares (Direct)
Footnotes (12)
- F1. The restricted stock units will vest in full on February 15, 2030 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F3. The restricted stock units will vest in full on February 15, 2029 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F4. The restricted stock units will vest in full on February 15, 2028 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F5. The restricted stock units will vest in full on February 16, 2027 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F6. The restricted stock units will vest in full on May 15, 2027 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F7. The restricted stock units vest in four equal quarterly installments on May 15, 2027, August 15, 2027, November 15, 2027 and February 15, 2028, as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F8. The restricted stock units vest in four equal quarterly installments on May 15, 2028, August 15, 2028, November 15, 2028 and February 15, 2029, as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F9. The restricted stock units vest in four equal quarterly installments on May 15, 2029, August 15, 2029, November 15, 2029 and February 15, 2030, as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F10. The restricted stock units will vest in full on August 15, 2030 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F11. The restricted stock units vest in full on May 15, 2030, as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F12. The restricted stock units will vest in full on August 15, 2027 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
Key Figures
Direct common stock holdings: 7,087 shares
RSU underlying shares (award 1): 1,345 shares
RSU underlying shares (award 2): 5,649 shares
+3 more
6 metrics
Direct common stock holdings
7,087 shares
Common Stock directly owned following the reported holdings
RSU underlying shares (award 1)
1,345 shares
Restricted Stock Units convertible into common stock, subject to vesting on February 15, 2030
RSU underlying shares (award 2)
5,649 shares
Restricted Stock Units vesting in four quarterly installments from May 15, 2027 to February 15, 2028
RSU underlying shares (award 3)
4,852 shares
Restricted Stock Units vesting in four quarterly installments from May 15, 2028 to February 15, 2029
RSU underlying shares (award 4)
2,238 shares
Restricted Stock Units vesting in four quarterly installments from May 15, 2029 to February 15, 2030
RSU underlying shares (award 5)
227 shares
Restricted Stock Units vesting in full on August 15, 2027
Key Terms
Restricted Stock Units, contingent right, vesting date, service provider
4 terms
Restricted Stock Units financial
"The restricted stock units will vest in full on February 15, 2030"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vesting date financial
"as long as the individual remains a service provider through the vesting date"
service provider financial
"as long as the individual remains a service provider through the vesting date"
FAQ
What does the Form 3 for MCHP disclose about Stephanus Duvenhage’s holdings?
It discloses that Stephanus Duvenhage directly holds 7,087 shares of Microchip Technology common stock and multiple restricted stock unit awards that may settle in shares upon future vesting dates, subject to continued service.
What are the key RSU positions reported for MCHP executive Stephanus Duvenhage?
The Form 3 lists multiple RSU positions, including awards tied to 1,345, 5,649, 4,852, and 2,238 underlying shares of MCHP common stock, each representing a contingent right to receive one share per unit, vesting between 2027 and 2030.
How do the RSUs for MCHP’s Stephanus Duvenhage vest?
The RSUs vest either in full on specific dates or in four equal quarterly installments between 2027 and 2030. Vesting is conditioned on Duvenhage remaining a service provider through the vesting date, after which vested shares are delivered.
Do the RSUs reported for MCHP’s Stephanus Duvenhage have an exercise price?
No exercise price is listed. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology common stock upon vesting, with no exercise price disclosed in the Form 3.
Does the Form 3 for MCHP report any recent insider stock purchases or sales?
No. The Form 3 for MCHP reports holdings—direct common stock and RSU awards—but does not report any purchase or sale transactions; transaction codes and acquired/disposed indicators are not provided for new trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
