Microchip director gets 2,557 RSUs, 3,090 shares

MICROCHIP TECHNOLOGY INC (MCHP) reported equity compensation activity for director Richard B. Cassidy II.

Rhea-AI Filing Summary

MICROCHIP TECHNOLOGY INC (MCHP) reported equity compensation activity for director Richard B. Cassidy II. On August 18, 2026 he received a grant of 2,557 Restricted Stock Units (RSUs), each representing a contingent right to one share of common stock; these RSUs will vest in full on August 18, 2027 as long as he remains a service provider, with shares delivered upon vesting. On August 17, 2026 a prior RSU award of 3,090 units vested in full, and the units were converted into 3,090 shares of common stock at a stated value of $80.26 per share, increasing his directly held common stock to 4,348 shares.

Insider Trade Summary

3,090 shares exercised/converted

Exercise 3 txns

Insider Cassidy Richard B. II

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F2, F3	2,557	$0.00	$0.00
Exercise	Restricted Stock Units F1	3,090	$0.00	$0.00
Exercise	Common Stock	3,090	$80.26	$248K

Holdings After Transaction: Restricted Stock Units — 2,557 contracts (Direct); Common Stock — 4,348 shares (Direct)

Footnotes (3)

1. F1. The restricted stock units vested in full on August 17, 2026. Vested shares were delivered to the reporting person upon vest.
2. F2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
3. F3. The restricted stock units will vest in full on August 18, 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

New RSU grant: 2,557 units New RSU vesting date: August 18, 2027 Vested RSUs converted: 3,090 units +2 more

5 metrics

New RSU grant 2,557 units Restricted Stock Units granted August 18, 2026, each for one share of common stock

New RSU vesting date August 18, 2027 Date on which the newly granted RSUs vest in full, subject to continued service

Vested RSUs converted 3,090 units Restricted Stock Units that vested in full on August 17, 2026 and were delivered as shares

Stated value per share $80.26 per share Price field for 3,090 common shares acquired upon RSU vesting on August 17, 2026

Common shares held after transaction 4,348 shares Directly held Microchip Technology common stock following August 17, 2026 conversion

Key Terms

Restricted Stock Units, contingent right, derivative security, service provider

4 terms

Restricted Stock Units financial

"The restricted stock units vested in full on August 17, 2026."

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"

derivative security financial

"transaction_type": "derivative""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

service provider financial

"will vest in full on August 18, 2027, as long as the individual remains a service provider"

FAQ

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

What equity awards did MCHP grant to director Richard B. Cassidy II on August 18, 2026?

On August 18, 2026, Richard B. Cassidy II received 2,557 Restricted Stock Units from Microchip Technology. Each unit is a contingent right to receive one share of common stock, vesting in full on August 18, 2027 if he remains a service provider.

When will the newly granted RSUs to the MCHP director vest?

The newly granted RSUs will vest in full on August 18, 2027. Vesting is conditioned on the individual continuing as a service provider through the vesting date, after which the vested shares will be delivered to the reporting person.

What happened to Richard B. Cassidy II’s prior RSU award at Microchip Technology (MCHP)?

A prior award of 3,090 Restricted Stock Units vested in full on August 17, 2026. Upon vesting, 3,090 shares of common stock were delivered to the reporting person, corresponding to a stated value of $80.26 per share in the Form 4.

How many MCHP common shares did the director hold after the August 17, 2026 RSU vesting?

After the August 17, 2026 RSU vesting and conversion, Richard B. Cassidy II directly held 4,348 shares of Microchip Technology common stock. This figure reflects his post-transaction ownership reported in the Form 4 under non-derivative securities.

What is the relationship between each Restricted Stock Unit and MCHP common stock?

Each Restricted Stock Unit reported for MCHP represents a contingent right to receive one share of Microchip Technology common stock. Shares are delivered to the reporting person when the RSUs vest in full, subject to continued service conditions where specified.

Was a Rule 10b5-1 trading plan involved in these MCHP Form 4 transactions?

No Rule 10b5-1 trading plan is indicated for these transactions. The filing’s plan checkbox is not marked as being pursuant to Rule 10b5-1, and the footnotes describe standard RSU vesting and delivery mechanics only.

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

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Accepted by SEC EDGAR 08/19/2026 - 04:49 PM EDT Learn about SEC filing dates

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^*

Cassidy Richard B. II

(Last) (First) (Middle)

C/O MICROCHIP TECHNOLOGY INC.

2355 W CHANDLER BLVD

(Street)

CHANDLER ARIZONA 85224-6199

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/17/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/17/2026		M		3,090	A	$80.26	4,348	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	$80.26	08/17/2026		M			3,090	(1)	(1)	Common Stock	3,090	$0	0	D
Restricted Stock Units	(2)	08/18/2026		A		2,557		(3)	(3)	Common Stock	2,557	$0	2,557	D

Explanation of Responses:

1. The restricted stock units vested in full on August 17, 2026. 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 will vest in full on August 18, 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.

Remarks:

	Deborah L. Wussler, as Attorney-in-Fact	08/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)