Microchip Technology CFO receives two stock awards
The 3,400 performance stock units are tied to a 35.0% cumulative non-GAAP operating-margin target over 12 quarters ending September 30, 2029; earned shares may be higher or lower.
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Rhea-AI Filing Summary
Microchip Technology Inc. Senior Corporate VP and CFO James Eric Bjornholt reported awards of 3,399 restricted stock units and 3,400 performance stock units on October 1, 2026; each unit represents a contingent right to one common share. The restricted stock units and any earned performance stock units vest on November 15, 2030, subject to continued service through that date. The reported holdings also include 28,573 common shares held indirectly by trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 3,399 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units F3, F4 | 3,400 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F2. The restricted stock units will vest in full on November 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.
- F3. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F4. 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, 2029. 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 35.0% 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, 2030 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.
Key Figures
Key Terms
Restricted stock units financial
Performance Stock Unit (PSU) financial
cumulative non-GAAP operating margin financial
contingent right financial
FAQ
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How many MCHP stock awards did James Eric Bjornholt receive?
What performance target applies to Bjornholt's MCHP performance stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.