Microchip (NASDAQ: MCHP) CFO’s trust sells stock under 10b5-1 plan
Rhea-AI Filing Summary
MICROCHIP TECHNOLOGY INC (MCHP) reported that Senior Corporate VP and CFO James Eric Bjornholt sold 4,112 shares of common stock on 2026-08-25 at $75.32 per share. The shares were held indirectly in a trust, and following the sale the trust holds 28,573 shares. The transaction was effected under a Rule 10b5-1 trading plan adopted on March 12, 2026.
Positive
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Negative
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Insider Trade Summary 10b5-1
Net Seller: 4,112 shares
Net Sell
1 txn
Insider
Bjornholt James Eric
Role
SENIOR CORPORATE VP AND CFO
Sold
4,112 shs ($310K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 4,112 | $75.32 | $310K |
Holdings After Transaction:
Common Stock — 28,573 shares (Indirect, Shares held Indirectly, by Trust.)
Footnotes (1)
- 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 March 12, 2026.
Key Figures
Shares sold: 4,112 shares of Common Stock
Sale price per share: $75.32 per share
Shares held after transaction: 28,573 shares
3 metrics
Shares sold
4,112 shares of Common Stock
Sale on 2026-08-25 by CFO James Eric Bjornholt
Sale price per share
$75.32 per share
Open-market or private sale on 2026-08-25
Shares held after transaction
28,573 shares
Indirect holdings by trust following the 2026-08-25 sale
Key Terms
Rule 10b5-1 trading plan, indirect, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"The sale(s) reported in this Form 4 was/were effected pursuant to a Rule 10b5-1 trading plan"
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.
indirect financial
"direct_or_indirect": "I","nature_of_ownership": "Shares held Indirectly, by Trust."
Common Stock financial
""security_title": "Common Stock","transaction_date":"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did MCHP report for James Eric Bjornholt?
MICROCHIP TECHNOLOGY INC reported that CFO James Eric Bjornholt sold 4,112 shares of MCHP common stock on 2026-08-25. The sale involved shares held indirectly in a trust and was executed under a Rule 10b5-1 trading plan.
Was the MCHP insider sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states that the sale reported for MICROCHIP TECHNOLOGY INC (MCHP) was effected pursuant to a Rule 10b5-1 trading plan adopted by James Eric Bjornholt on March 12, 2026.
Is the MCHP Form 4 transaction direct or indirect ownership?
The reported transaction involves indirect ownership. The Form 4 notes that the MCHP shares were held "by Trust," and the ownership code is I, indicating indirect holdings rather than shares owned directly by the insider.
AI-generated analysis. How Rhea-AI works. Not financial advice.