Microchip Technology (MCHP) CFO receives 409 RSUs and holds 28,573 shares via trust
Rhea-AI Filing Summary
Bjornholt James Eric reported acquisition or exercise transactions in this Form 4 filing.
MICROCHIP TECHNOLOGY INC reported that Senior Corporate VP and CFO James Eric Bjornholt received a grant of 409 restricted stock units on August 7, 2026. Each unit represents a contingent right to receive one share of common stock and will vest in full on August 15, 2027, provided he remains a service provider through that date. Vested shares will be delivered to him upon vesting. In addition, an indirect holding entry shows 28,573 shares of common stock held through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bjornholt James Eric
Role
SENIOR CORPORATE VP AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 409 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 409 shares (Direct);
Common Stock — 28,573 shares (Indirect, Shares held Indirectly, by Trust.)
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 August 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: 409 units
RSU vesting date: August 15, 2027
RSUs following transaction: 409 units
+2 more
5 metrics
RSUs granted
409 units
Restricted stock units granted on August 7, 2026
RSU vesting date
August 15, 2027
Date when 409 restricted stock units vest in full
RSUs following transaction
409 units
Total restricted stock units held directly after award
Indirect common shares
28,573 shares
Common stock held indirectly by trust after reported transactions
RSU grant price per unit
$0.0000
RSU award coded with zero price per share as a grant
Key Terms
Restricted Stock Units, contingent right, vest in full, indirect ownership, +1 more
5 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units"
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.
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 August 15, 2027"
indirect ownership financial
"nature_of_ownership: Shares held Indirectly, by Trust."
service provider financial
"as long as the individual remains a service provider through the vesting date"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did MCHP grant to CFO James Eric Bjornholt on August 7, 2026?
MICROCHIP TECHNOLOGY INC granted 409 restricted stock units to CFO James Eric Bjornholt on August 7, 2026. Each unit represents a contingent right to receive one share of the company’s common stock upon vesting and delivery.
When do the new restricted stock units for MCHP CFO Bjornholt vest?
The 409 restricted stock units granted to MCHP CFO James Eric Bjornholt vest in full on August 15, 2027. Vesting requires that he remain a service provider through that vesting date, after which shares will be delivered.
Does the Form 4 for MCHP CFO Bjornholt report any stock sales?
The Form 4 reports a grant of 409 restricted stock units and an indirect holding of 28,573 shares by trust. It does not list any transactions coded as sales or dispositions in this filing’s transaction summary.
Is the MCHP CFO’s restricted stock unit award subject to any service condition?
Yes. The 409 restricted stock units will vest in full on August 15, 2027 only if James Eric Bjornholt continues as a service provider through that date. Vested shares will then be delivered to him upon vesting.