Microchip CFO’s trust sells 5,530 shares
Microchip Technology Senior VP and CFO James Eric Bjornholt reported indirect open-market sales of a total of 5,530 shares of common stock held by a trust associated with him.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Microchip Technology Senior VP and CFO James Eric Bjornholt reported indirect open-market sales of a total of 5,530 shares of common stock held by a trust associated with him. The sales on February 24, 2026 occurred at prices of $77.09 and $78.93 per share under a pre-arranged Rule 10b5-1 trading plan adopted on May 23, 2025. After these transactions, 28,142 shares were reported as indirectly held.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,530 | $77.09 | $272K |
| Sale | Common Stock | 2,000 | $78.93 | $158K |
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 May 23, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Microchip Technology (MCHP) report for James Eric Bjornholt?
Were the Microchip Technology (MCHP) insider sales by the CFO pre-planned under Rule 10b5-1?
Who is the insider involved in the Microchip Technology (MCHP) Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.