Microchip CEO Sanghi sells 94,869 shares
Microchip Technology President, CEO and Chair Steve Sanghi reported an open-market sale of 94,869 shares of common stock on February 12, 2026 at an average price of $82.4631 per share.
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Rhea-AI Filing Summary
Microchip Technology President, CEO and Chair Steve Sanghi reported an open-market sale of 94,869 shares of common stock on February 12, 2026 at an average price of $82.4631 per share. The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on June 6, 2025.
Following this sale, Sanghi is reported as indirectly beneficially owning 9,827,450 Microchip shares, held through The Sanghi Trust and The Sanghi Family Limited Partnership. These holdings reflect his ongoing indirect equity interest in the company he leads.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 94,869 | $82.4631 | $7.82M |
Footnotes (2)
- F1. 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.
- F2. Of the 9,827,450 shares held, 3,921,578 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MCHP CEO Steve Sanghi report on this Form 4?
Was the MCHP insider stock sale by Steve Sanghi under a 10b5-1 trading plan?
At what price did the MCHP CEO’s Form 4 transaction occur?
Are Steve Sanghi’s MCHP holdings direct or indirect after this transaction?
What roles does Steve Sanghi have at Microchip Technology (MCHP)?
AI-generated analysis. How Rhea-AI works. Not financial advice.