Microchip (MCHP) CEO adds RSUs, reports 9.9M shares via family entities
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Microchip Technology Incorporated President, CEO and Chair of the Board Steve Sanghi reported an equity award and his updated shareholdings. On February 6, 2026, he received 5,608 restricted stock units at a price of $0 per unit, held directly.
Each restricted stock unit represents a contingent right to receive one share of Microchip common stock and will vest in full on May 15, 2028, if he remains a service provider through that date. Following this award, he is also reported as indirectly beneficially owning 9,922,319 shares of common stock, with 4,016,447 shares held by The Sanghi Trust and 5,905,872 shares held by The Sanghi Family Limited Partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sanghi Steve
Role
President, CEO and Chair of Bd
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,608 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,608 shares (Direct);
Common Stock — 9,922,319 shares (Indirect, Shares held Indirectly, by Trust and by Family Limited Partnership.)
Footnotes (1)
- Of the 9,922,319 shares held, 4,016,447shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. The restricted stock units will vest in full on May 15, 2028 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
FAQ
What did Microchip Technology (MCHP) CEO Steve Sanghi report in this Form 4?
Steve Sanghi reported an equity grant and his updated holdings. He received 5,608 restricted stock units and reported indirect beneficial ownership of 9,922,319 Microchip common shares through a trust and a family limited partnership.
How many restricted stock units were granted to the Microchip (MCHP) CEO and on what date?
Steve Sanghi received 5,608 restricted stock units on February 6, 2026. These units were reported at a price of $0 per unit and are held directly, separate from his large indirect common stock holdings.
When do Steve Sanghi’s restricted stock units in Microchip (MCHP) vest?
The restricted stock units vest in full on May 15, 2028, if he remains a service provider through that date. Once vested, the corresponding Microchip common shares will be delivered to him upon vesting.
How are Steve Sanghi’s indirect Microchip (MCHP) holdings structured?
His indirect holdings are split between two entities. The Sanghi Trust holds 4,016,447 Microchip shares, while The Sanghi Family Limited Partnership holds 5,905,872 shares, all reported as indirectly beneficially owned by him.
What does each restricted stock unit represent for Microchip (MCHP) CEO Steve Sanghi?
Each restricted stock unit represents a contingent right to receive one Microchip common share. The units convert into shares only upon vesting, with all 5,608 units scheduled to vest on May 15, 2028, subject to continued service.