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Microchip Technology (MCHP) COO adds ESPP shares through family trust

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Microchip Technology’s chief operating officer, Richard J. Simoncic, reported an indirect acquisition of company stock through an employee plan. On March 2, 2026, a trust associated with him acquired 431 shares of Microchip Technology common stock at an average price of $49.2575 per share under the 2001 Employee Stock Purchase Plan. These shares were paid for by contributions made over the six‑month period ended February 27, 2026, in an exempt transaction under Rule 16(b)-3(d). Following this grant, the trust holds a total of 159,862 shares of Microchip Technology common stock indirectly for his benefit.

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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).
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*
Simoncic Richard J

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

(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)
CHIEF OPERATING OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
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 03/02/2026 A(1) 431 A $49.2575 159,862 I Shares 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares were acquired under the Microchip Technology Incorporated 2001 Employee Stock Purchase Plan on March 2, 2026, in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions made during the six month period ended February 27, 2026.
Remarks:
Deborah L. Wussler, as Attorney-in-Fact 03/04/2026
** 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 insider transaction did Microchip Technology (MCHP) report for Richard J. Simoncic?

Microchip Technology reported that chief operating officer Richard J. Simoncic indirectly acquired 431 shares of common stock. The shares were obtained by a trust through the company’s 2001 Employee Stock Purchase Plan, funded by payroll contributions over six months and treated as an exempt transaction.

How many Microchip Technology (MCHP) shares does the trust hold after this Form 4 transaction?

After this transaction, the trust associated with Richard J. Simoncic holds 159,862 shares of Microchip Technology common stock. This figure reflects the updated indirect ownership following the acquisition of 431 shares through the employee stock purchase plan on March 2, 2026.

Was the Microchip Technology (MCHP) COO’s share acquisition an open-market purchase?

No, the acquisition was not an open-market purchase. The 431 shares were acquired under Microchip Technology’s 2001 Employee Stock Purchase Plan, using contributions made during a six‑month period, and classified as an exempt transaction under Rule 16(b)-3(d).

How were the newly acquired Microchip Technology (MCHP) shares for Richard J. Simoncic priced?

The 431 shares of Microchip Technology common stock were acquired at an average price of $49.2575 per share. This price reflects the terms applicable under the company’s 2001 Employee Stock Purchase Plan on March 2, 2026, rather than an open-market trading price.

How is ownership of the new Microchip Technology (MCHP) shares structured for the COO?

The newly acquired shares are held indirectly in a trust for Richard J. Simoncic. The Form 4 notes the nature of ownership as “Shares held Indirectly, by Trust,” indicating the trust, rather than Simoncic personally, is the direct holder of record.
Microchip Technology Inc.

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