Microchip Technology (MCHP) CEO’s entities sell 110K shares under 10b5-1 plan

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Microchip Technology (MCHP) director, president, CEO and chair Steve Sanghi reported two indirect open‑market sales of common stock by entities associated with him under a Rule 10b5‑1 trading plan. On April 30, 2026, 33,502 shares were sold at an average price of $92.3729 per share. On May 1, 2026, 76,469 shares were sold at an average price of $93.5843 per share, for total reported sales of 109,971 shares. After these transactions, 9,385,834 shares of Microchip Technology common stock are reported as indirectly held, including shares held by The Sanghi Trust and The Sanghi Family Limited Partnership.

Insights

CEO’s entities sold ~110K Microchip shares but still report large indirect holdings.

The filing shows entities associated with Steve Sanghi executed two open‑market sales totaling 109,971 shares of Microchip Technology common stock at prices around $92–$94 per share. These transactions are reported as indirect, through a trust and a family limited partnership.

A key detail is that the sales were effected under a Rule 10b5‑1 trading plan adopted on June 6, 2025, indicating they were pre‑scheduled rather than opportunistic. After the sales, the filing still reports 9,385,834 shares indirectly held, split between The Sanghi Trust and The Sanghi Family Limited Partnership.

The combination of pre‑planned sales and remaining multi‑million‑share indirect ownership suggests these are portfolio‑management moves rather than a wholesale exit. Future company filings may further update Sanghi’s indirect ownership levels and any additional 10b5‑1 plan activity.

Insider Trade Summary 10b5-1

Net Seller: 109,971 shares ($10,250,975)

Net Sell 2 txns

Insider Sanghi Steve

Role President, CEO and Chair of Bd

Sold 109,971 shs ($10.25M)

Type	Security	Shares	Price	Value
Sale	Common Stock	76,469	$93.5843	$7.16M
Sale	Common Stock	33,502	$92.3729	$3.09M

Holdings After Transaction: Common Stock — 9,385,834 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. Sanghi Of the 9,462,303 shares held, 3,556,431 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership. Of the 9,385,834 shares held, 3,479,962 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.

Key Figures

Shares sold 2026-04-30: 33,502 shares at $92.3729 Shares sold 2026-05-01: 76,469 shares at $93.5843 Total shares sold: 109,971 shares +4 more

7 metrics

Shares sold 2026-04-30 33,502 shares at $92.3729 Open-market sale of common stock coded S

Shares sold 2026-05-01 76,469 shares at $93.5843 Open-market sale of common stock coded S

Total shares sold 109,971 shares Net open-market sales in this Form 4

Shares held after transactions 9,385,834 shares Indirectly held common stock following reported sales

Shares in The Sanghi Trust 3,479,962 shares Portion of indirect holdings as of post-sale footnote

Shares in Family Limited Partnership 5,905,872 shares Portion of indirect holdings as of post-sale footnote

10b5-1 plan adoption date June 6, 2025 Date trading plan governing these sales was adopted

Key Terms

Rule 10b5-1 trading plan, Family Limited Partnership, indirectly held, open-market sale

4 terms

Rule 10b5-1 trading plan regulatory

"The sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person."

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

Family Limited Partnership financial

"shares were held by The Sanghi Family Limited Partnership."

indirectly held financial

"Shares held Indirectly, by Trust and by Family Limited Partnership."

open-market sale financial

"transaction_action is described as an open-market sale of common stock."

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 05:01 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sanghi Steve

(Last)

(First)

(Middle)

C/O MICROCHIP TECHNOLOGY INCORPORATED

2355 WEST CHANDLER BOULEVARD

(Street)

CHANDLER

ARIZONA

85224-6199

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [ MCHP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President, CEO and Chair of Bd

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/30/2026		S⁽¹⁾		33,502	D	$92.3729	9,462,303	I⁽²⁾	Shares held Indirectly, by Trust and by Family Limited Partnership.⁽²⁾
Common Stock	05/01/2026		S⁽¹⁾		76,469	D	$93.5843	9,385,834	I⁽³⁾	Shares held Indirectly, by Trust and by Family Limited Partnership.⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

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. Sanghi

2. Of the 9,462,303 shares held, 3,556,431 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.

3. Of the 9,385,834 shares held, 3,479,962 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.

Remarks:

	Deborah L. Wussler, as Attorney-in-Fact	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider stock transactions did MICROCHIP TECHNOLOGY (MCHP) report for Steve Sanghi?

The filing reports two indirect open-market sales of Microchip Technology common stock by entities associated with CEO Steve Sanghi, totaling 109,971 shares, executed on April 30 and May 1, 2026 at average prices near $92–$94 per share.

How many MICROCHIP TECHNOLOGY (MCHP) shares did Steve Sanghi’s entities sell and at what prices?

Entities associated with Steve Sanghi sold 33,502 Microchip Technology shares at $92.3729 on April 30, 2026 and 76,469 shares at $93.5843 on May 1, 2026, for total reported sales of 109,971 shares of common stock.

Were Steve Sanghi’s MICROCHIP TECHNOLOGY (MCHP) stock sales made under a Rule 10b5-1 plan?

Yes. The filing states the reported sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2025, indicating the transactions were pre-scheduled rather than discretionary market-timing decisions.

How many MICROCHIP TECHNOLOGY (MCHP) shares does Steve Sanghi still indirectly hold after these sales?

After the reported sales, the filing shows 9,385,834 Microchip Technology common shares indirectly held. Of these, 3,479,962 shares are held by The Sanghi Trust and 5,905,872 shares are held by The Sanghi Family Limited Partnership associated with Sanghi.

Through which entities does Steve Sanghi indirectly hold MICROCHIP TECHNOLOGY (MCHP) shares?

The filing explains that Microchip Technology shares are indirectly held through The Sanghi Trust and The Sanghi Family Limited Partnership. These entities together hold 9,385,834 common shares following the April 30 and May 1, 2026 open-market sales.

Is the Form 4 for MICROCHIP TECHNOLOGY (MCHP) a buy or sell transaction for Steve Sanghi?

The Form 4 reflects sell transactions. It reports two open-market sales of Microchip Technology common stock by entities associated with Steve Sanghi, totaling 109,971 shares, and classifies both transactions with code “S” for sale.