Microchip (MCHP) SVP granted 212 new restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Krawczyk Joseph R II
Role
SR. VP, WW CLIENT ENGAGEMENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 212 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 212 shares (Direct, null);
Common Stock — 13,926 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. 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
RSUs granted: 212 units
Common stock holdings: 13,926 shares
Vesting date: May 15, 2027
+1 more
4 metrics
RSUs granted
212 units
Restricted Stock Units granted on May 8, 2026
Common stock holdings
13,926 shares
Direct common stock owned after reported transactions
Vesting date
May 15, 2027
Restricted stock units vest in full if service continues
RSU share ratio
1:1
Each restricted stock unit equals one common share upon vest
Key Terms
Restricted Stock Units, grant/award acquisition, contingent right, vest in full
4 terms
Restricted Stock Units financial
"The restricted stock units will vest in full on May 15, 2027"
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.
grant/award acquisition financial
"transaction_action: grant/award acquisition for 212 restricted stock units"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest in full financial
"The restricted stock units will vest in full on May 15, 2027"
FAQ
What insider transaction did Microchip Technology (MCHP) report for Joseph R. Krawczyk II?
Microchip Technology reported a grant of 212 restricted stock units to senior vice president Joseph R. Krawczyk II. Each unit represents a contingent right to one share of common stock, delivered when the units vest under the specified service conditions.
How many restricted stock units were granted to the Microchip (MCHP) executive?
The executive received 212 restricted stock units as part of his equity compensation. Each unit corresponds to one share of Microchip common stock, providing additional potential ownership once the vesting requirements are satisfied and shares are delivered.
When do Joseph R. Krawczyk II’s restricted stock units at Microchip (MCHP) vest?
The restricted stock units will vest in full on May 15, 2027. Vesting depends on Krawczyk remaining a service provider through that date, after which the vested shares of common stock will be delivered to him.
What condition must be met for the Microchip (MCHP) restricted stock units to vest?
To vest, the restricted stock units require that the individual remain a service provider through May 15, 2027. If this condition is met, all 212 units vest in full and the corresponding shares are delivered to the reporting person upon vest.
What does each restricted stock unit represent in the Microchip (MCHP) Form 4?
Each restricted stock unit represents a contingent right to receive one share of Microchip common stock. The rights convert into actual shares only when the vesting date is reached and the continued service condition has been satisfied.