Microchip (MCHP) director logs RSU grant and 3,090-share vesting
Rhea-AI Filing Summary
For MICROCHIP TECHNOLOGY INC (MCHP), director Karen Marie Rapp reported equity compensation activity. On August 18, 2026, she received a grant of 2,557 Restricted Stock Units, each representing a contingent right to one share of common stock, scheduled to vest in full on August 18, 2027 as long as she remains a service provider through that date; vested shares will then be delivered to her. On August 17, 2026, 3,090 Restricted Stock Units vested in full and were converted into 3,090 shares of common stock at a stated value of $80.26 per share, increasing her directly held common stock position to 14,227 shares after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,090 shares
Net Buy
3 txns
Insider
Rapp Karen Marie
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F2, F3 | 2,557 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1 | 3,090 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,090 | $80.26 | $248K |
Holdings After Transaction:
Restricted Stock Units — 2,557 shares (Direct);
Common Stock — 14,227 shares (Direct)
Footnotes (3)
- F1. The restricted stock units vested in full on August 17, 2026. Vested shares were delivered to the reporting person upon vest.
- F2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F3. The restricted stock units will vest in full on August 18, 2027, as long as the individual remains a service provider through the vesting date.. Vested shares will be delivered to the reporting person upon vest.
Key Figures
New RSU grant: 2,557 units
RSUs vested and converted: 3,090 units
Conversion value per share: $80.26 per share
+3 more
6 metrics
New RSU grant
2,557 units
Restricted Stock Units granted to Karen Marie Rapp on August 18, 2026
RSUs vested and converted
3,090 units
Restricted Stock Units vested in full on August 17, 2026
Conversion value per share
$80.26 per share
Value associated with RSUs converting into 3,090 common shares on August 17, 2026
Common shares acquired from RSU conversion
3,090 shares
Shares of Microchip Technology common stock delivered upon RSU vesting
Common shares held after transactions
14,227 shares
Directly held Microchip Technology common stock after August 17, 2026 transactions
Future vesting date for new RSUs
August 18, 2027
Date on which the 2,557 newly granted RSUs will vest in full
Key Terms
Restricted Stock Units, contingent right, service provider
3 terms
Restricted Stock Units financial
"The restricted stock units vested in full on August 17, 2026."
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
service provider financial
"will vest in full on August 18, 2027, as long as the individual remains a service provider"
FAQ
What equity awards did Karen Marie Rapp report for MCHP on this Form 4?
Karen Marie Rapp reported a grant of 2,557 Restricted Stock Units on August 18, 2026 and the vesting and conversion of 3,090 RSUs into common stock on August 17, 2026 as part of her director compensation.
When will the newly granted 2,557 RSUs for MCHP vest?
The 2,557 RSUs will vest in full on August 18, 2027, provided Karen Marie Rapp remains a service provider through that date. Once vested, the underlying shares of Microchip Technology common stock will be delivered to her.
AI-generated analysis. How Rhea-AI works. Not financial advice.