Microchip COO acquires 431 shares via ESPP
Microchip Technology’s chief operating officer, Richard J. Simoncic, reported an indirect acquisition of company stock through an employee plan.
Sentiment and the balance of points
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 431 | $49.2575 | $21K |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did Microchip Technology (MCHP) report for Richard J. Simoncic?
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