Microchip (NASDAQ: MCHP) awards director 2,557 RSUs
Rhea-AI Filing Summary
MICROCHIP TECHNOLOGY INC (MCHP) reported equity compensation and a routine equity settlement for director Mitchell R. Little. On August 18, 2026, he received a grant of 2,557 Restricted Stock Units, each representing one share of common stock, scheduled to vest in full on August 18, 2027 if he remains a service provider. On August 17, 2026, 472 RSUs vested in full and were converted into 472 shares of common stock at $80.26 per share, increasing his directly held common stock to 1,558 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 472 shares
Net Buy
3 txns
Insider
LITTLE MITCHELL R
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 | 472 | $0.00 | $0.00 |
| Exercise | Common Stock | 472 | $80.26 | $38K |
Holdings After Transaction:
Restricted Stock Units — 2,557 shares (Direct);
Common Stock — 1,558 shares (Direct)
Footnotes (3)
- F1. The restricted stock units vested in full on August 17, 2026. Vested shares were delivered to the reporting person upon vest.
- F2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- 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
RSUs granted: 2,557 units
RSU vesting date: August 18, 2027
RSUs exercised/converted: 472 units
+3 more
6 metrics
RSUs granted
2,557 units
Restricted Stock Units grant on August 18, 2026
RSU vesting date
August 18, 2027
Future vesting date for 2,557 RSUs, subject to continued service
RSUs exercised/converted
472 units
Restricted Stock Units that vested and converted on August 17, 2026
Conversion price
$80.26 per share
Price associated with conversion of 472 RSUs into common stock
Common shares acquired via conversion
472 shares
Shares of common stock received upon RSU vesting and conversion on August 17, 2026
Common shares held after transaction
1,558 shares
Director’s directly held MCHP common stock following August 17, 2026 transaction
Key Terms
Restricted Stock Units, derivative security, contingent right, 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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
service provider financial
"will vest in full on August 18, 2027, as long as the individual remains a service provider"
FAQ
What equity awards did MCHP director Mitchell R. Little receive in this Form 4?
Mitchell R. Little received a grant of 2,557 Restricted Stock Units, each representing one share of Microchip Technology common stock. These RSUs are a form of equity compensation that will vest in the future if service requirements are satisfied.
When do the newly granted RSUs to the MCHP director vest?
The 2,557 RSUs granted to the MCHP director will vest in full on August 18, 2027, provided he remains a service provider through that date. Vested shares will then be delivered to him upon vesting.
What RSUs vested for the MCHP director and what did he receive?
On August 17, 2026, 472 Restricted Stock Units vested in full, and the vested shares were delivered to the director. This conversion provided him with 472 shares of Microchip Technology common stock as settlement of the vested RSUs.
What was the effective price associated with the MCHP director’s RSU conversion?
The RSU conversion into common stock reflected a price of $80.26 per share for 472 shares. This figure comes from the reported conversion or exercise price tied to the vested Restricted Stock Units.
Does this MCHP Form 4 indicate any open-market buying or selling by the director?
No open-market purchases or sales are reported. The filing shows equity compensation grants and RSU vesting and conversion into common stock, which are compensation-related transactions rather than discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
