Planned stock sales by Microchip (MCHP) CFO via associated trust
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,530 shares ($429,988)
Net Sell
2 txns
Insider
Bjornholt James Eric
Role
SENIOR VP AND CFO
Sold
5,530 shs ($430K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,530 | $77.09 | $272K |
| Sale | Common Stock | 2,000 | $78.93 | $158K |
Holdings After Transaction:
Common Stock — 30,142 shares (Indirect, Shares held Indirectly, by Trust.)
Footnotes (1)
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FAQ
What insider transaction did Microchip Technology (MCHP) report for James Eric Bjornholt?
Microchip Technology reported that a trust associated with Senior VP and CFO James Eric Bjornholt sold 5,530 shares of common stock. These were indirect holdings, and the sales were executed in open-market transactions under a Rule 10b5-1 trading plan.
Were the Microchip Technology (MCHP) insider sales by the CFO pre-planned under Rule 10b5-1?
Yes. The footnote states the reported sales were executed under a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025. Such plans allow preset trading instructions, helping separate routine diversification from discretionary trading decisions.
Who is the insider involved in the Microchip Technology (MCHP) Form 4 transaction?
The insider is James Eric Bjornholt, Senior Vice President and Chief Financial Officer of Microchip Technology. He is the reporting person on the Form 4, with the disclosed transactions involving shares held indirectly through a trust associated with him.