Microchip (MCHP) Director Receives 2,491 Shares; 3,090 RSUs Granted

Rhea-AI Filing Summary

Karen Marie Rapp, a Microchip Technology Incorporated (MCHP) non-employee director, had restricted stock units vest and received shares in August 2025. On 08/18/2025, 2,491 RSUs vested at an attributable value of $65.56 per share and those vested shares were delivered, leaving the reporting person with 11,137 shares directly beneficially owned after the transaction. An additional grant of 3,090 Restricted Stock Units was reported as of 08/19/2025 that will vest in full on the earlier of one day prior to the next annual meeting or one year from grant, contingent on continued service as a non-employee director.

Positive

• 2,491 restricted stock units vested and were delivered to the reporting person on 08/18/2025, converting awards into actual shares
• Direct beneficial ownership increased to 11,137 shares following the delivery of vested shares
• New grant of 3,090 RSUs aligns director compensation with continued service and shareholder alignment

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: Routine director compensation events; vested RSUs converted to shares and a new RSU grant with standard service-based vesting.

The filing documents a standard Section 16 disclosure: 2,491 restricted stock units vested and were delivered to the director on August 18, 2025, at a per-share value of $65.56, increasing direct ownership to 11,137 shares. A subsequent RSU grant of 3,090 units dated 08/19/2025 carries customary vesting tied to board service and the next annual meeting or one year from grant. This is a procedural governance event reflecting compensation alignment with continued service rather than an operational or financial development.

Securities Analyst

TL;DR: Non-material insider activity; share delivery from vested RSUs and a time‑based grant do not alter company fundamentals.

The transaction codes indicate vesting (M) and acquisition (A) of equity by a director, with no exercised options or sales. The per-share figure reported ($65.56) corresponds to the valuation used for the RSU settlement. There is no indication of sales or transfers that would change circulating float materially. For investors, this is a disclosure of ownership change by a director, not a market-moving event.

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^*

Rapp Karen Marie

(Last) (First) (Middle)

C/O MICROCHIP TECHNOLOGY INCORPORATED

2355 WEST CHANDLER BOULEVARD

(Street)

CHANDLER AZ 85224-6199

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/18/2025		M		2,491	A	$65.56	11,137	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	$65.56	08/18/2025		M			2,491	(1)	(1)	Common Stock	2,491	$0	0	D
Restricted Stock Units	(2)	08/19/2025		A		3,090		(3)	(3)	Common Stock	3,090	$0	3,090	D

Explanation of Responses:

1. The restricted stock units vested in full on August 18, 2025. Vested shares were delivered to the reporting person upon vest.

2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.

3. The Restricted Stock Units shall vest in full on the earlier of (i) one day prior to the next annual meeting of stockholders or (ii) one year from the date of grant. All vesting of the Restricted Stock Unit Grant is contingent upon the Non-Employee Director maintaining continued status as a Non-Employee Director through the applicable vesting date.

Remarks:

	Deborah L. Wussler, as Attorney-in-Fact	08/20/2025
	** 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.

FAQ

What insider activity did Microchip Technology (MCHP) disclose for Karen Marie Rapp?

The filing shows 2,491 RSUs vested and were delivered on 08/18/2025 and a separate 3,090 RSU grant dated 08/19/2025 with service-based vesting.

How many shares does Karen Marie Rapp beneficially own after the transaction?

The filing reports 11,137 shares beneficially owned following the reported transactions.

At what value were the vested RSUs reported?

The RSUs vested and were reported at a per-share figure of $65.56 on 08/18/2025.

When will the newly granted 3,090 RSUs vest?

They vest in full on the earlier of one day prior to the next annual meeting or one year from the date of grant, contingent on continued non-employee director status.