Microchip CEO Steve Sanghi receives stock awards

The performance-unit count is a target tied to operating margin through September 30, 2029, and vesting requires continued service through November 15, 2030.

Rhea-AI Filing Summary

Microchip Technology Inc. (MCHP) reports that its President, CEO and Chair of the Board, Steve Sanghi, acquired awards of 16,560 restricted stock units and 24,841 performance stock units on October 1, 2026. Each unit represents a contingent right to one common share. Both award types vest on November 15, 2030, subject to continued service through that date. The performance-unit count is a target based on 35.0% cumulative non-GAAP operating margin over 12 quarters ending September 30, 2029; the number earned may be higher or lower. Separately, 9,435,057 common shares were held indirectly: 3,529,185 by The Sanghi Trust and 5,905,872 by The Sanghi Family Limited Partnership.

Insider Trade Summary

Grant/Award: 41,401 shares

Grant/Award 3 txns

Insider Sanghi Steve

Role President, CEO and Chair of Bd

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units F2, F3	16,560	$0.00	$0.00
Grant/Award	Performance Stock Units F4, F5	24,841	$0.00	$0.00
holding	Common Stock F1	--	--	--

Holdings After Transaction: Restricted Stock Units — 16,560 contracts (Direct); Performance Stock Units — 24,841 contracts (Direct); Common Stock — 9,435,057 shares (Indirect, Shares held Indirectly, by Trust and by Family Limited Partnership.)

Footnotes (5)

1. F1. Of the 9,435,057 shares held, 3,529,185 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
2. F2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
3. F3. The restricted stock units will vest in full on November 15, 2030 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
4. F4. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
5. F5. Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2029. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 35.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2030 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

Key Figures

Restricted stock units: 16,560 units Performance stock units: 24,841 units Indirect common shares held: 9,435,057 shares +4 more

7 metrics

Restricted stock units 16,560 units Awarded October 1, 2026; each represents a contingent right to one common share

Performance stock units 24,841 units Target number awarded October 1, 2026; each represents a contingent right to one common share

Indirect common shares held 9,435,057 shares Held indirectly by The Sanghi Trust and The Sanghi Family Limited Partnership

Shares held by The Sanghi Trust 3,529,185 shares Indirect common shares reported as held

Shares held by The Sanghi Family Limited Partnership 5,905,872 shares Indirect common shares reported as held

Cumulative non-GAAP operating margin target 35.0% Performance-unit target over 12 quarters ending September 30, 2029

Vesting date November 15, 2030 Restricted stock units and earned performance stock units, subject to continued service

Key Terms

restricted stock unit, Performance Stock Unit, cumulative non-GAAP operating margin

3 terms

restricted stock unit financial

"Each restricted stock unit represents a contingent right to receive one share"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Performance Stock Unit financial

"Each Performance Stock Unit represents a contingent right to receive one share"

A performance stock unit is a type of reward companies give to employees, usually managers, that depends on how well the company performs over time. If the company hits specific goals, the employee earns shares of stock, like earning a prize for reaching certain levels in a game. It motivates employees to work hard because their rewards are tied to the company's success.

cumulative non-GAAP operating margin financial

"cumulative non-GAAP operating margin over a period of 12 quarters"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What stock awards did Steve Sanghi receive from MCHP on October 1, 2026?

Steve Sanghi acquired awards of 16,560 restricted stock units and 24,841 target performance stock units on October 1, 2026. Each unit represents a contingent right to receive one share of Microchip common stock.

When do Steve Sanghi's MCHP stock units vest?

The restricted stock units and any earned performance stock units vest on November 15, 2030, provided Steve Sanghi remains a service provider through that date. Vested shares are delivered upon vest.

How is Steve Sanghi's MCHP performance stock unit award measured?

The 24,841 performance stock units are the target number, based on Microchip achieving 35.0% cumulative non-GAAP operating margin over the 12-quarter measurement period ending September 30, 2029. The number of shares earned can be higher or lower depending on Microchip's non-GAAP operating margin over the measurement period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 05:14 PM Accepted by SEC EDGAR 10/05/2026 - 05:14 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Sanghi Steve

(Last) (First) (Middle)

C/O MICROCHIP TECHNOLOGY INCORPORATED

2355 WEST CHANDLER BOULEVARD

(Street)

CHANDLER ARIZONA 85224-6199

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [ MCHP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO and Chair of Bd

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock								9,435,057(1)	I	Shares held Indirectly, by Trust and by Family Limited Partnership.(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	10/01/2026		A		16,560		(3)	(3)	Common Stock	16,560	$0	16,560	D
Performance Stock Units	(4)	10/01/2026		A		24,841		(5)	(5)	Common Stock	24,841	$0	24,841	D

Explanation of Responses:

1. Of the 9,435,057 shares held, 3,529,185 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.

2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.

3. The restricted stock units will vest in full on November 15, 2030 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

4. Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.

5. Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending September 30, 2029. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 35.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on November 15, 2030 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.

Remarks:

	Deborah L. Wussler, as Attorney-in-Fact	10/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)