Microchip (NASDAQ: MCHP) SVP exercises stock units, withholds shares for taxes
Rhea-AI Filing Summary
Microchip Technology senior vice president Joseph R. Krawczyk II reported multiple stock-based compensation transactions involving restricted stock units and common shares. On February 15, 2026 and February 16, 2026, several restricted stock unit awards vested and were converted into shares of common stock at a reference price of $78.94 per share for the common stock entries.
Some of the newly delivered shares were automatically disposed of under transaction code F, which indicates shares were withheld to pay taxes or exercise-related obligations, rather than sold in an open-market trade. After these transactions, Krawczyk directly held 13,547 shares of Microchip Technology common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 85 | $0.00 | $0.00 |
| Exercise | Common Stock | 85 | $78.94 | $7K |
| Exercise Price or Tax Liability | Common Stock | 36 | $78.94 | $3K |
| Exercise | Restricted Stock Units | 340 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 682 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 362 | $0.00 | $0.00 |
| Exercise | Common Stock | 340 | $78.94 | $27K |
| Exercise Price or Tax Liability | Common Stock | 164 | $78.94 | $13K |
| Exercise | Common Stock | 682 | $78.94 | $54K |
| Exercise Price or Tax Liability | Common Stock | 329 | $78.94 | $26K |
| Exercise | Common Stock | 362 | $78.94 | $29K |
| Exercise Price or Tax Liability | Common Stock | 174 | $78.94 | $14K |
Footnotes (3)
- F1. The restricted stock units vest in nine quarterly installments of 338 shares beginning November 15, 2023, and three quarterly installments of 340 shares beginning on February 15, 2026, as long as the individual remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.
- F2. The restricted stock units vested in full on February 15, 2026. Vested shares were delivered to the reporting person upon vest.
- F3. The restricted stock units will vest in full on February 16, 2026 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
AI-generated analysis. How Rhea-AI works. Not financial advice.