Microchip Technology (MCHP) director files Form 3 listing stock and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Microchip Technology Inc. director Mitchell R. Little filed an initial ownership report showing his current equity stake. He holds 1,086 shares of common stock directly. He also holds 472 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock.
According to the footnotes, these RSUs will vest in full on August 17, 2026, provided he remains a service provider through that date. Once vested, the corresponding shares will be delivered to him, increasing his direct stock ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LITTLE MITCHELL R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 472 shares (Direct, null);
Common Stock — 1,086 shares (Direct, null)
Footnotes (1)
- The restricted stock units will vest in full on August 17, 2026 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
Key Figures
Common stock held: 1,086 shares
Restricted stock units: 472 units
RSU vesting date: August 17, 2026
+2 more
5 metrics
Common stock held
1,086 shares
Directly owned following reported holdings
Restricted stock units
472 units
RSUs representing contingent right to common shares
RSU vesting date
August 17, 2026
RSUs vest in full if service continues through this date
RSU exercise price
$0.0000 per unit
Exercise/conversion price for RSUs
Underlying common shares for RSUs
472 shares
Common stock underlying restricted stock units
Key Terms
Restricted Stock Units, contingent right, Form 3, service provider
4 terms
Restricted Stock Units financial
"The restricted stock units will vest in full on August 17, 2026"
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"
Form 3 regulatory
"The Form 3 shows Mitchell R. Little’s initial ownership in Microchip Technology Inc."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
service provider other
"as long as the individual remains a service provider through the vesting date"
FAQ
What does the Form 3 filing by MCHP director Mitchell R. Little show?
The Form 3 shows Mitchell R. Little’s initial ownership in Microchip Technology Inc., including 1,086 common shares and 472 restricted stock units. It establishes his starting equity position as a director for ongoing insider reporting requirements.
What restricted stock units does Mitchell R. Little hold in MCHP?
He holds 472 restricted stock units, each tied to one share of Microchip Technology common stock. These RSUs represent a contingent right to receive shares if vesting conditions are satisfied, rather than currently issued stock.
When do Mitchell R. Little’s MCHP restricted stock units vest?
The restricted stock units will vest in full on August 17, 2026, if he remains a service provider through that date. Once vested, the corresponding shares of Microchip Technology common stock will be delivered to him.
Does the MCHP Form 3 indicate insider buying or selling activity?
The Form 3 does not show any insider buying or selling activity. It is an initial ownership report listing existing common shares and restricted stock units rather than recording new transactions in Microchip Technology stock.