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Microchip awards Duvenhage a 1,608-share stock grant

Both awards vest on November 15, 2030 only if Duvenhage remains a service provider through that date; vested shares are delivered upon vest.

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Form Type
4

Rhea-AI Filing Summary

Microchip Technology Inc. (MCHP) reported that Stephanus Duvenhage, Sr. Corp VP, Analog Bus Unit, was granted 1,608 restricted stock units and a target award of 1,609 performance stock units on October 1, 2026. The performance-unit target is based on Microchip achieving 35.0% cumulative non-GAAP operating margin over the 12-quarter period ending September 30, 2029; the number earned may be higher or lower than the target. As of October 1, 2026, Duvenhage's reported direct common-stock holding was 7,210 shares.

Insider Duvenhage Stephanus
Role Sr. Corp VP, Analog Bus Unit
Type Security Shares Price Value
Grant/Award Restricted Stock Units F1, F2 1,608 $0.00 $0.00
Grant/Award Performance Stock Units F3, F4 1,609 $0.00 $0.00
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 1,608 contracts (Direct); Performance Stock Units — 1,609 contracts (Direct); Common Stock — 7,210 shares (Direct)
Footnotes (4)
  1. F1. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
  2. F2. The restricted stock units will vest in full on November 15, 2030 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
  3. F3. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
  4. F4. Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2029. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 35.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2030 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
Restricted stock units granted 1,608 units Granted October 1, 2026; each unit represents a contingent right to one common share.
Target performance stock units 1,609 units Granted October 1, 2026; actual earned amount may be higher or lower.
Direct common-stock holding 7,210 shares Reported as of October 1, 2026.
Target cumulative non-GAAP operating margin 35.0% Performance-unit measurement period ending September 30, 2029.
Performance-unit measurement period 12 quarters Ends September 30, 2029.
Award vesting date November 15, 2030 Subject to continued service through the vesting date.
restricted stock unit financial
"represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Performance Stock Unit financial
"Each Performance Stock Unit (PSU) granted under the Microchip"
A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.
cumulative non-GAAP operating margin financial
"based on Microchip's cumulative non-GAAP operating margin"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many stock units did MCHP's Stephanus Duvenhage receive?

On October 1, 2026, he received grants of 1,608 restricted stock units and 1,609 target performance stock units. Each unit represents a contingent right to receive one share of Microchip common stock. The actual number of performance shares earned may be higher or lower than the target.

When do Stephanus Duvenhage's MCHP stock awards vest?

Both awards vest on November 15, 2030, provided Duvenhage remains a service provider through that date. Vested shares are delivered upon vest. The performance units' earned amount depends on Microchip's cumulative non-GAAP operating margin over the measurement period ending September 30, 2029.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Duvenhage Stephanus

(Last)(First)(Middle)
2355 W CHANDLER BLVD

(Street)
CHANDLER ARIZONA 85224

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Sr. Corp VP, Analog Bus Unit
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock7,210D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)10/01/2026A1,608 (2) (2)Common Stock1,608$01,608D
Performance Stock Units(3)10/01/2026A1,609 (4) (4)Common Stock1,609$01,609D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
2. The restricted stock units will vest in full on November 15, 2030 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
3. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
4. Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2029. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 35.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2030 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
Remarks:
Deborah L. Wussler, as Attorney-in-Fact10/05/2026
** Signature of Reporting PersonDate
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)

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