Microchip (MCHP) CEO Sanghi sells 18,509 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Microchip Technology Inc. insider activity: President, CEO and Chair of the Board Steve Sanghi reported an indirect sale of 18,509 shares of Microchip Technology common stock at an average price of $79.1984 per share on January 22, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 6, 2025, which is designed to allow scheduled sales over time. Following this sale, a total of 10,021,133 shares were reported as indirectly held through The Sanghi Trust and The Sanghi Family Limited Partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 18,509 shares ($1,465,883)
Net Sell
1 txn
Insider
Sanghi Steve
Role
President, CEO and Chair of Bd
Sold
18,509 shs ($1.47M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 18,509 | $79.1984 | $1.47M |
Holdings After Transaction:
Common Stock — 10,021,133 shares (Indirect, Shares held Indirectly, by Trust and by Family Limited Partnership.)
Footnotes (1)
- The sale(s) reported in this Form 4 was/were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting Person on June 6, 2025. Of the 10,021,133 shares held, 4,115,261 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
FAQ
What insider transaction did MCHP report in this Form 4?
The filing reports an indirect sale of 18,509 shares of Microchip Technology common stock at $79.1984 per share on January 22, 2026.
Who is the reporting person in the MCHP Form 4 and what is their role?
The reporting person is Steve Sanghi, who is listed as a Director and as President, CEO and Chair of the Board of Microchip Technology Inc.
Was the MCHP insider sale part of a trading plan?
Yes. The sale was effected under a Rule 10b5-1 trading plan that the reporting person adopted on June 6, 2025.
Is the MCHP Form 4 transaction a direct or indirect ownership change?
The transaction involves indirect ownership, with the shares held through a trust and a family limited partnership, as noted in the filing.