STOCK TITAN

[Form 4/A] MICROCHIP TECHNOLOGY INC Amended Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4/A

Microchip Technology (MCHP) amended a Form 4 to report insider equity activity for Senior VP, Operations Mathew B. Bunker. The amendment records a disposition of 29,736 shares of common stock and the grant of time‑based restricted stock units (RSUs) and performance stock units (PSUs). The awards total 4,817 contingent units: 2,339 RSUs and 2,340 PSUs granted with vesting on 11/15/2029, plus a smaller tranche of 69 RSUs and 69 PSUs vesting on 11/15/2028.

The PSUs are measured against Microchip's cumulative non‑GAAP operating margin over 12 quarters ending 09/30/2028 with a reported target threshold of 30.0%; the actual PSUs earned may be higher or lower depending on performance. The Form 4/A corrects the non‑GAAP operating margin figure and notes that vested shares will be delivered upon vesting if the reporting person remains a service provider.

Microchip Technology (MCHP) ha modificato un Modulo 4 per riportare l'attività azionaria interna per il Senior VP, Operations Mathew B. Bunker. La modifica registra una disposizione di 29.736 azioni ordinarie e l'assegnazione di unità azionarie soggette a restrizioni basate sul tempo (RSU) e unità azionarie basate sulle prestazioni (PSU). Le assegnazioni ammontano a 4.817 unità contingent, di cui 2.339 RSU e 2.340 PSU assegnate con vesting il 11/15/2029, più una tranche minore di 69 RSU e 69 PSU che vestono il 11/15/2028.

Le PSU sono misurate rispetto al margine operativo non-GAAP cumulativo di Microchip su 12 trimestri conclusi il 09/30/2028 con una soglia target riportata del 30,0%; i PSU effettivamente maturati possono essere superiori o inferiori a seconda delle prestazioni. Il Form 4/A corregge la cifra del margine operativo non-GAAP e segnala che le azioni maturate saranno consegnate al vesting se la persona che riporta rimane un prestatore di servizi.

Microchip Technology (MCHP) enmendó un Form 4 para reportar la actividad de capital de insider para el Vicepresidente Senior de Operaciones Mathew B. Bunker. La enmienda registra una disposición de 29.736 acciones ordinarias y la concesión de unidades de acciones restringidas basadas en el tiempo (RSU) y unidades de acciones restringidas por desempeño (PSU). Las adjudicaciones suman 4.817 unidades contingentes: 2.339 RSU y 2.340 PSU otorgadas con vesting el 11/15/2029, más una porción menor de 69 RSU y 69 PSU que vesten el 11/15/2028.

Las PSU se miden en función del margen operativo no GAAP acumulado de Microchip durante 12 trimestres que finalizan el 09/30/2028 con un umbral objetivo reportado del 30.0%; las PSU efectivamente ganadas pueden ser mayores o menores dependiendo del desempeño. El Form 4/A corrige la cifra del margen operativo no GAAP y señala que las acciones adjudicadas serán entregadas al vesting si la persona que informa permanece como proveedor de servicios.

마이크로칩 테크놀로지(MCHP)는 Senior VP, Operations Mathew B. Bunker에 대한 내부자 주식 거래 활동을 보고하기 위해 Form 4를 수정했습니다. 수정은 보통주 29,736주 처분과 시간 기반 제한 주식단위(RSU) 및 성과 주식단위(PSU)의 부여를 기록합니다. 보상은 총 4,817개의 조건부 단위: 2,339 RSU와 2,340 PSU가 2029-11-15에 vesting되고, 또 다른 소규모 구간으로 69 RSU와 69 PSU가 2028-11-15에 vesting합니다.

PSU는 Microchip의 누적 비-GAAP 영업마진을 12개 분기 동안 2028-09-30까지 측정하며 목표 임계값은 30.0%로 보고됩니다; 실제로 획득한 PSU는 성과에 따라 더 높거나 낮을 수 있습니다. Form 4/A는 비-GAAP 영업마진 수치를 수정하고 보고인이 서비스 제공자인 상태로 남아 있을 경우 vesting 시 주식이 전달될 것임을 명시합니다.

Microchip Technology (MCHP) a modifié un Formulaire 4 pour déclarer l’activité d’initié en matière d’actions pour le Senior VP, Operations Mathew B. Bunker. L’amendement enregistre une cession de 29 736 actions ordinaires et l’octroi d’unités d’actions restreintes basées sur le temps (RSU) et d’unités d’actions restreintes basées sur la performance (PSU). Les attributions totalisent 4 817 unités conditionnelles: 2 339 RSU et 2 340 PSU accordées avec vesting le 11/15/2029, plus une tranche plus petite de 69 RSU et 69 PSU qui vestent le 11/15/2028.

Les PSU sont mesurées par rapport à la marge opérationnelle non-GAAP cumulée de Microchip sur 12 trimestres se terminant le 09/30/2028 avec un seuil cible déclaré de 30,0%; les PSU réellement gagnées peuvent être supérieures ou inférieures selon la performance. Le Form 4/A corrige la valeur de la marge opérationnelle non-GAAP et indique que les actions acquises seront livrées au vesting si la personne déclarant demeure un fournisseur de services.

Microchip Technology (MCHP) hat ein Formular 4 geändert, um Insider-Aktienaktivitäten für den Senior VP, Operations Mathew B. Bunker zu melden. Die Änderung verzeichnet eine Veräußerung von 29.736 Stammaktien und die Gewährung zeitbasierter Restricted Stock Units (RSUs) sowie Performance Stock Units (PSUs). Die Zuwendungen belaufen sich auf insgesamt 4.817 bedingte Einheiten: 2.339 RSUs und 2.340 PSUs, die am 11/15/2029 vesting, plus eine kleinere Tranche von 69 RSUs und 69 PSUs, die am 11/15/2028 vesting.

Die PSUs werden anhand der kumulierten non-GAAP operativen Marge von Microchip über 12 Quartale gemessen, die am 09/30/2028 enden, mit einer berichteten Zielschwelle von 30,0%; die tatsächlich verdienten PSUs können je nach Leistung höher oder niedriger ausfallen. Das Form 4/A korrigiert die non-GAAP Operativmarge und stellt fest, dass vestete Aktien bei Vesting geliefert werden, sofern die meldende Person weiterhin Dienstleister bleibt.

Microchip Technology (MCHP) عدّل نموذج 4 للإبلاغ عن نشاط حقوق المساهمين الداخلي لـ Mathew B. Bunker نائب الرئيس الأول للعمليات. يسجل التعديل توزيعاً لـ 29,736 سهماً من الأسهم العادية ومنح وحدات أسهم مقيدة زمنياً (RSU) ووحدات أسهم مقيدة بالأداء (PSU). الإجماليات هي 4,817 وحدة مشروطة: 2,339 RSU و 2,340 PSU ممنوحة مع vesting في 11/15/2029، بالإضافة إلى حصة أصغر من 69 RSU و 69 PSU vesting في 11/15/2028.

يتم قياس PSU مقابل هامش التشغيل غير GAAP التراكمي لشركة Microchip على مدى 12 ربعاً حتى 09/30/2028 مع عتبة مستهدفة مُبلغ عنها تبلغ 30.0%؛ يمكن أن تكون PSU المكتسبة الفعلية أعلى أو أقل اعتماداً على الأداء. يصحح Form 4/A رقم هامش التشغيل غير GAAP ويشير إلى أن الأسهم الممنوحة ستسلم عند vesting إذا ظل مقدم التقرير موفراً للخدمة.

Microchip Technology (MCHP) 修改了一份 Form 4,以报告高级副总裁兼运营 Mathew B. Bunker 的内部人股权活动。该修订记录了对普通股的处置 29,736 股,以及基于时间的受限股票单位(RSU)和基于绩效的股票单位(PSU)的授予。该等授予总计 4,817 个有条件单位:2,339 RSU 和 2,340 PSU,授予日期为 2029/11/15,还有一个较小的批次 69 RSU 和 69 PSU,vesting 于 2028/11/15

PSU 的衡量标准是 Microchip 在 12 个季度结束于 2028/09/30 的累计非 GAAP 营运利润率,报道的目标阈值为 30.0%;实际获得的 PSU 可能因表现而更高或更低。Form 4/A 更正了非 GAAP 营运利润率数字,并指出如果报送人仍然是服务提供者,则在 vesting 时将发放已归属的股份。

Positive
  • Long‑dated retention awards: RSUs vesting on 11/15/2028 and 11/15/2029 encourage multi‑year tenure
  • Performance linkage: PSUs tied to a 30.0% cumulative non‑GAAP operating margin over 12 quarters aligns pay with sustained operating performance
  • Amendment clarity: The Form 4/A corrects the PSU performance threshold, improving disclosure accuracy
Negative
  • Insider sale: Disposal of 29,736 common shares reduces the reporting person's direct holdings
  • PSU payout uncertainty: Actual PSUs earned can be higher or lower than target depending on future operating margins through 09/30/2028

Insights

Grant structure ties executive pay to multi‑quarter operating margin and retention through 2028–2029.

The awards combine time‑based RSUs and performance‑based PSUs, with PSUs measured on cumulative non‑GAAP operating margin over 12 quarters ending 09/30/2028. This aligns pay with multi‑quarter operational profitability rather than single‑quarter results and includes multi‑year vesting (11/15/2028 and 11/15/2029).

Key dependencies are continued service through vest dates and achieving the 30.0% cumulative non‑GAAP operating margin to earn target PSUs. Monitor reported non‑GAAP operating margin across the 12‑quarter window and any future amendments clarifying measurement methodology or payout curves.

Reported sale of 29,736 shares offsets grant disclosure; timing and size are straightforward and require no adverse inference.

The Form shows a disposal of 29,736 common shares on 10/01/2025 alongside grant activity disclosed the same date. The filing is amended to correct the PSU performance threshold to 30.0%.

Investors should note the absolute share disposal and the separate long‑dated retention incentives; check future Forms for vesting delivery, exercise, or further disposals to understand ongoing insider liquidity and alignment.

Microchip Technology (MCHP) ha modificato un Modulo 4 per riportare l'attività azionaria interna per il Senior VP, Operations Mathew B. Bunker. La modifica registra una disposizione di 29.736 azioni ordinarie e l'assegnazione di unità azionarie soggette a restrizioni basate sul tempo (RSU) e unità azionarie basate sulle prestazioni (PSU). Le assegnazioni ammontano a 4.817 unità contingent, di cui 2.339 RSU e 2.340 PSU assegnate con vesting il 11/15/2029, più una tranche minore di 69 RSU e 69 PSU che vestono il 11/15/2028.

Le PSU sono misurate rispetto al margine operativo non-GAAP cumulativo di Microchip su 12 trimestri conclusi il 09/30/2028 con una soglia target riportata del 30,0%; i PSU effettivamente maturati possono essere superiori o inferiori a seconda delle prestazioni. Il Form 4/A corregge la cifra del margine operativo non-GAAP e segnala che le azioni maturate saranno consegnate al vesting se la persona che riporta rimane un prestatore di servizi.

Microchip Technology (MCHP) enmendó un Form 4 para reportar la actividad de capital de insider para el Vicepresidente Senior de Operaciones Mathew B. Bunker. La enmienda registra una disposición de 29.736 acciones ordinarias y la concesión de unidades de acciones restringidas basadas en el tiempo (RSU) y unidades de acciones restringidas por desempeño (PSU). Las adjudicaciones suman 4.817 unidades contingentes: 2.339 RSU y 2.340 PSU otorgadas con vesting el 11/15/2029, más una porción menor de 69 RSU y 69 PSU que vesten el 11/15/2028.

Las PSU se miden en función del margen operativo no GAAP acumulado de Microchip durante 12 trimestres que finalizan el 09/30/2028 con un umbral objetivo reportado del 30.0%; las PSU efectivamente ganadas pueden ser mayores o menores dependiendo del desempeño. El Form 4/A corrige la cifra del margen operativo no GAAP y señala que las acciones adjudicadas serán entregadas al vesting si la persona que informa permanece como proveedor de servicios.

마이크로칩 테크놀로지(MCHP)는 Senior VP, Operations Mathew B. Bunker에 대한 내부자 주식 거래 활동을 보고하기 위해 Form 4를 수정했습니다. 수정은 보통주 29,736주 처분과 시간 기반 제한 주식단위(RSU) 및 성과 주식단위(PSU)의 부여를 기록합니다. 보상은 총 4,817개의 조건부 단위: 2,339 RSU와 2,340 PSU가 2029-11-15에 vesting되고, 또 다른 소규모 구간으로 69 RSU와 69 PSU가 2028-11-15에 vesting합니다.

PSU는 Microchip의 누적 비-GAAP 영업마진을 12개 분기 동안 2028-09-30까지 측정하며 목표 임계값은 30.0%로 보고됩니다; 실제로 획득한 PSU는 성과에 따라 더 높거나 낮을 수 있습니다. Form 4/A는 비-GAAP 영업마진 수치를 수정하고 보고인이 서비스 제공자인 상태로 남아 있을 경우 vesting 시 주식이 전달될 것임을 명시합니다.

Microchip Technology (MCHP) a modifié un Formulaire 4 pour déclarer l’activité d’initié en matière d’actions pour le Senior VP, Operations Mathew B. Bunker. L’amendement enregistre une cession de 29 736 actions ordinaires et l’octroi d’unités d’actions restreintes basées sur le temps (RSU) et d’unités d’actions restreintes basées sur la performance (PSU). Les attributions totalisent 4 817 unités conditionnelles: 2 339 RSU et 2 340 PSU accordées avec vesting le 11/15/2029, plus une tranche plus petite de 69 RSU et 69 PSU qui vestent le 11/15/2028.

Les PSU sont mesurées par rapport à la marge opérationnelle non-GAAP cumulée de Microchip sur 12 trimestres se terminant le 09/30/2028 avec un seuil cible déclaré de 30,0%; les PSU réellement gagnées peuvent être supérieures ou inférieures selon la performance. Le Form 4/A corrige la valeur de la marge opérationnelle non-GAAP et indique que les actions acquises seront livrées au vesting si la personne déclarant demeure un fournisseur de services.

Microchip Technology (MCHP) hat ein Formular 4 geändert, um Insider-Aktienaktivitäten für den Senior VP, Operations Mathew B. Bunker zu melden. Die Änderung verzeichnet eine Veräußerung von 29.736 Stammaktien und die Gewährung zeitbasierter Restricted Stock Units (RSUs) sowie Performance Stock Units (PSUs). Die Zuwendungen belaufen sich auf insgesamt 4.817 bedingte Einheiten: 2.339 RSUs und 2.340 PSUs, die am 11/15/2029 vesting, plus eine kleinere Tranche von 69 RSUs und 69 PSUs, die am 11/15/2028 vesting.

Die PSUs werden anhand der kumulierten non-GAAP operativen Marge von Microchip über 12 Quartale gemessen, die am 09/30/2028 enden, mit einer berichteten Zielschwelle von 30,0%; die tatsächlich verdienten PSUs können je nach Leistung höher oder niedriger ausfallen. Das Form 4/A korrigiert die non-GAAP Operativmarge und stellt fest, dass vestete Aktien bei Vesting geliefert werden, sofern die meldende Person weiterhin Dienstleister bleibt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Bunker Mathew B

(Last) (First) (Middle)
C/O MICROCHIP TECHNOLOGY INCORPORATED
2355 W CHANDLER BLVD

(Street)
CHANDLER AZ 85224-6199

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [ MCHP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SENIOR VP, OPERATIONS
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
10/03/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 29,736 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 10/01/2025 A 2,339 (2) (2) Common Stock 2,339 $0 2,339 D
Performance Stock Units (3) 10/01/2025 A 2,340 (4)(5) (4)(5) Common Stock 2,340 $0 2,340 D
Restricted Stock Units (1) 10/01/2025 A 69 (6) (6) Common Stock 69 $0 69 D
Performance Stock Units (3) 10/01/2025 A 69 (5)(7) (5)(7) Common Stock 69 $0 69 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
2. The restricted stock units will vest in full on November 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.
3. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
4. Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2028. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 30.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2029 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
5. This Amended Form 4 is filed to accurately report the non-GAAP operating margin as 30.0%. All subsequent reports filed after this date are deemed to include the modification herein.
6. The restricted stock units will vest in full on November 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.
7. Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2028. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 30.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2028 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
Remarks:
Deborah L. Wussler, as Attorney-in-Fact 10/06/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Microchip (MCHP) insider Mathew B. Bunker report on Form 4/A?

The filing reports a disposition of 29,736 common shares and grants of RSUs (2,339 + 69) and PSUs (2,340 + 69) on 10/01/2025.

When do the RSUs and PSUs vest for Mathew B. Bunker?

A tranche of awards vests on 11/15/2028 (69 RSUs/69 PSUs) and the larger tranche vests on 11/15/2029 (2,339 RSUs/2,340 PSUs), subject to continued service.

What performance metric determines PSU payouts?

PSUs are payable based on Microchip's cumulative non‑GAAP operating margin over 12 quarters ending 09/30/2028 with a target of 30.0%.

Why was this Form 4 amended?

The amendment was filed to accurately report the non‑GAAP operating margin as 30.0% and to ensure subsequent reports include this modification.

Will the reporting person receive shares immediately?

No; each RSU/PSU is a contingent right. Vested shares will be delivered upon vesting dates provided the reporting person remains a service provider.
Microchip Technology Inc.

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