Microchip CEO adds shares via ESPP grant
Microchip Technology President, CEO and Chair Steve Sanghi reported an acquisition of 580 shares of common stock on March 2, 2026 through an employee stock purchase plan.
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 President, CEO and Chair Steve Sanghi reported an acquisition of 580 shares of common stock on March 2, 2026 through an employee stock purchase plan. The shares were acquired at a price of $49.2575 per share under the 2001 Employee Stock Purchase Plan.
Following this transaction, Sanghi is shown as indirectly owning 9,912,386 shares of Microchip Technology common stock, including 4,006,514 shares held by The Sanghi Trust and 5,905,872 shares held by The Sanghi Family Limited Partnership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 580 | $49.2575 | $29K |
Footnotes (2)
- F1. Shares were acquired under the Microchip Technology Incorporated 2001 Employee Stock Purchase Plan on March 2, 2026, in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions made during the six month period ended February 27, 2026.
- F2. Of the 9,912,386 shares held, 4,006,514 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Microchip Technology (MCHP) report for Steve Sanghi?
What does the Form 4 transaction code mean for the MCHP filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.