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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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Form Type
4

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 Bjornholt James Eric
Role SENIOR CORPORATE VP AND CFO
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 -- -- --
Holdings After Transaction: Restricted Stock Units — 3,399 contracts (Direct); Performance Stock Units — 3,400 contracts (Direct); Common Stock — 28,573 shares (Indirect, Shares held Indirectly, by Trust.)
Footnotes (4)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
  2. 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.
  3. F3. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
  4. 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.
Restricted stock units awarded 3,399 units Award dated October 1, 2026; each unit represents a contingent right to one common share
Performance stock units awarded 3,400 units Award dated October 1, 2026; target number of PSU shares that may be earned
PSU operating-margin target 35.0% cumulative non-GAAP operating margin Target for the 12-quarter measurement period ending September 30, 2029
PSU measurement period 12 quarters Period ending September 30, 2029
Vesting date November 15, 2030 Restricted stock units and earned performance stock units vest subject to continued service through that date
Common shares held indirectly by trust 28,573 shares Indirect holding reported alongside the awards
Restricted stock units financial
"Each restricted stock unit represents a contingent right to receive one share"
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.
Performance Stock Unit (PSU) financial
"Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated"
cumulative non-GAAP operating margin financial
"based on Microchip's cumulative non-GAAP operating margin"
contingent right financial
"represents a contingent right to receive one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MCHP stock awards did James Eric Bjornholt receive?

James Eric Bjornholt received awards of 3,399 restricted stock units and 3,400 performance stock units on October 1, 2026; each unit represents a contingent right to receive one share of Microchip common stock.

What performance target applies to Bjornholt's MCHP performance stock units?

The target number of PSU shares that may be earned is based on cumulative non-GAAP operating margin of 35.0% over the 12-quarter measurement period ending September 30, 2029. The actual number earned may be higher or lower than the target depending on Microchip's non-GAAP operating margin over that period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Bjornholt James Eric

(Last)(First)(Middle)
C/O MICROCHIP TECHNOLOGY INCORPORATED
2355 WEST CHANDLER BOULEVARD

(Street)
CHANDLER ARIZONA 85224-6199

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [ MCHP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SENIOR CORPORATE VP AND CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock28,573IShares held Indirectly, by Trust.
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)10/01/2026A3,399 (2) (2)Common Stock3,399$03,399D
Performance Stock Units(3)10/01/2026A3,400 (4) (4)Common Stock3,400$03,400D
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, 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.
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, 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.
Remarks:
Deborah L. Wussler, as Attorney-in-Fact10/05/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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