Microchip SVP receives 212 restricted stock units
Krawczyk Joseph R II reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Krawczyk Joseph R II reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology Inc. senior vice president Joseph R. Krawczyk II reported a compensation-related award of 212 restricted stock units, each representing a contingent right to receive one share of common stock. These units will vest in full on May 15, 2027, provided he remains a service provider through that date.
Upon vesting, the corresponding shares of common stock will be delivered to him. The filing also shows he directly holds 13,926 shares of Microchip common stock after the reported transactions, indicating this grant is modest compared with his existing equity position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 212 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F2. The restricted stock units will vest in full on May 15, 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
Key Terms
Restricted Stock Units financial
grant/award acquisition financial
contingent right financial
vest in full financial
FAQ
What insider transaction did Microchip Technology (MCHP) report for Joseph R. Krawczyk II?
How many restricted stock units were granted to the Microchip (MCHP) executive?
When do Joseph R. Krawczyk II’s restricted stock units at Microchip (MCHP) vest?
What condition must be met for the Microchip (MCHP) restricted stock units to vest?
What does each restricted stock unit represent in the Microchip (MCHP) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.