Microchip SVP buys 53 shares in ESPP
A senior corporate vice president at Microchip Technology acquired 53 ESPP shares, increasing his direct ownership to 20,243 shares.
Rhea-AI Filing Summary
MICROCHIP TECHNOLOGY INC (MCHP) reported that officer Mathew B. Bunker, Senior Corporate Vice President, Operations, acquired 53 shares of common stock on September 1, 2026 through a grant/award transaction. The shares were obtained under the company’s 2001 Employee Stock Purchase Plan in an exempt transaction and bring his direct holdings to 20,243 shares.
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Insider Trade Summary
Grant/Award: 53 shares
Grant/Award
1 txn
Insider
Bunker Mathew B
Role
SR CORPORATE VP, OPERATIONS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 53 | $60.6985 | $3K |
Holdings After Transaction:
Common Stock — 20,243 shares (Direct)
Footnotes (1)
- F1. Shares were acquired under the Microchip Technology Incorporated 2001 Employee Stock Purchase Plan on September 1, 2026, in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions made during the six month period ended August 31, 2026.
Key Figures
Shares acquired: 53 shares
Acquisition price per share: $60.6985 per share
Total shares owned after transaction: 20,243 shares
+1 more
4 metrics
Shares acquired
53 shares
Common stock acquired on September 1, 2026 under the 2001 Employee Stock Purchase Plan
Acquisition price per share
$60.6985 per share
Recorded price for the 53 shares acquired on September 1, 2026
Total shares owned after transaction
20,243 shares
Direct ownership of Mathew B. Bunker following the September 1, 2026 acquisition
ESPP contribution period length
6 months
Contributions used to fund the ESPP purchase were made during the six-month period ended August 31, 2026
Key Terms
Employee Stock Purchase Plan, Rule 16(b)-3(d), exempt transaction
3 terms
Employee Stock Purchase Plan financial
"Shares were acquired under the Microchip Technology Incorporated 2001 Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Rule 16(b)-3(d) regulatory
"in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions"
exempt transaction regulatory
"in an exempt transaction pursuant to Rule 16(b)-3(d), paid for by contributions"
A transaction in which securities are sold without the issuer having to register them with the securities regulator because the sale meets legal exemptions (for example private placements, certain small offerings, or sales to accredited investors). It matters to investors because exempt transactions often involve less public disclosure and more limits on resale, like buying something from a private marketplace rather than a public store—so information access and liquidity can differ from registered offerings.
FAQ
What insider transaction did MCHP report for Mathew B. Bunker?
MCHP reported that Mathew B. Bunker acquired 53 shares of common stock on September 1, 2026 as a grant/award transaction under the 2001 Employee Stock Purchase Plan.
Was the MCHP insider transaction by Mathew B. Bunker under a Rule 10b5-1 plan?
No. The filing shows the Rule 10b5-1 checkbox as not selected, and the footnote describes the purchase as an exempt transaction under Rule 16(b)-3(d) via the Employee Stock Purchase Plan.
What role does Mathew B. Bunker hold at Microchip Technology (MCHP)?
Mathew B. Bunker is reported as an officer of Microchip Technology, serving as Senior Corporate Vice President, Operations.
AI-generated analysis. How Rhea-AI works. Not financial advice.
