Microchip Technology (MCHP) CEO awarded 4,514 RSUs, reports 9.41M indirect shares
Rhea-AI Filing Summary
Sanghi Steve reported acquisition or exercise transactions in this Form 4 filing.
MICROCHIP TECHNOLOGY INC reported that President, CEO and Chair of the Board Steve Sanghi received a grant of 4,514 restricted stock units, each representing a contingent right to one share of common stock. These units vest in full on May 15, 2028, contingent on continued service, with shares delivered upon vesting. The filing also lists 9,410,407 shares of common stock held indirectly through The Sanghi Trust and The Sanghi Family Limited Partnership. No open-market purchases or sales were reported.
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 F2, F3 | 4,514 | $0.00 | $0.00 |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 4,514 shares (Direct);
Common Stock — 9,410,407 shares (Indirect, Shares held Indirectly, by Trust and by Family Limited Partnership.)
Footnotes (3)
- F1. Of the 9,410,407 shares held, 3,504,535 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
- F2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F3. The restricted stock units 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.
Key Figures
Restricted stock units granted: 4,514 units
RSU vesting date: May 15, 2028
Indirect common shares held: 9,410,407 shares
+2 more
5 metrics
Restricted stock units granted
4,514 units
Grant of restricted stock units to Steve Sanghi on 2026-08-07
RSU vesting date
May 15, 2028
Restricted stock units vest in full on this date, subject to continued service
Indirect common shares held
9,410,407 shares
Common stock held indirectly via The Sanghi Trust and The Sanghi Family Limited Partnership
Shares held by The Sanghi Trust
3,504,535 shares
Portion of indirect holdings held by The Sanghi Trust
Shares held by Family Limited Partnership
5,905,872 shares
Portion of indirect holdings held by The Sanghi Family Limited Partnership
Key Terms
Restricted Stock Units, Family Limited Partnership, contingent right
3 terms
Restricted Stock Units financial
"security_title: Restricted Stock Units"
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.
Family Limited Partnership financial
"held by The Sanghi Family Limited Partnership"
contingent right financial
"represents a contingent right to receive one share"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Steve Sanghi receive according to Microchip (MCHP)'s Form 4?
Steve Sanghi received a grant of 4,514 restricted stock units. Each unit is a contingent right to receive one share of Microchip common stock, subject to vesting conditions tied to continued service.
When do Steve Sanghi's new restricted stock units vest at Microchip (MCHP)?
The 4,514 restricted stock units vest in full on May 15, 2028. Vesting requires that Sanghi remain a service provider through that date, after which vested shares will be delivered to him.
What does each restricted stock unit represent in Microchip (MCHP)'s Form 4?
Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock, subject to the vesting schedule and continued service requirements described in the filing footnotes.
How are Steve Sanghi's indirect Microchip (MCHP) holdings structured?
Indirect holdings of 9,410,407 shares are split between The Sanghi Trust and The Sanghi Family Limited Partnership. The structure is disclosed to clarify that shares are held by these entities rather than directly by Sanghi.