Microchip (MCHP) CFO receives 279 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bjornholt James Eric reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology Senior VP and CFO James Eric Bjornholt reported a compensation-related equity grant and his indirect holdings. He received 279 restricted stock units, each representing a contingent right to one share of Microchip common stock. These units will vest in full on May 15, 2027, provided he continues as a service provider through that date, and the vested shares will be delivered upon vesting.
The filing also shows 28,573 shares of common stock held indirectly through a trust. No open-market purchases or sales were reported, making this a routine update to disclose equity awards and existing indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bjornholt James Eric
Role
SENIOR VP AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 279 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 279 shares (Direct, null);
Common Stock — 28,573 shares (Indirect, Shares held Indirectly, by Trust.)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock. The restricted stock units will vest in full on May 15, 2027 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
RSU grant: 279 units
RSU-to-share ratio: 1 share per unit
RSU vesting date: May 15, 2027
+2 more
5 metrics
RSU grant
279 units
Restricted stock units granted to CFO on May 8, 2026
RSU-to-share ratio
1 share per unit
Each restricted stock unit equals one common share upon vesting
RSU vesting date
May 15, 2027
Units vest in full if service continues through vesting date
Indirect common stock holdings
28,573 shares
Common stock held indirectly by trust after reported transactions
RSU transaction price
$0.0000 per unit
Grant/award acquisition, not an open-market purchase
Key Terms
Restricted Stock Units, contingent right, vest in full, service provider, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units will vest in full on May 15, 2027"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest in full financial
"The restricted stock units will vest in full on May 15, 2027"
service provider financial
"will vest in full on May 15, 2027 as long as the individual remains a service provider"
held Indirectly, by Trust financial
"Shares held Indirectly, by Trust."
FAQ
What insider transaction did Microchip Technology (MCHP) disclose for its CFO?
Microchip Technology reported that Senior VP and CFO James Eric Bjornholt received 279 restricted stock units. These units are equity compensation rather than an open-market purchase or sale, and each unit represents a contingent right to one share of common stock.
How many restricted stock units did the Microchip (MCHP) CFO receive and when do they vest?
The CFO received 279 restricted stock units that will vest in full on May 15, 2027. Vesting requires that he remain a service provider through that date, after which the corresponding shares will be delivered to him.
What does each restricted stock unit represent in the Microchip (MCHP) Form 4?
Each restricted stock unit represents a contingent right to receive one share of Microchip Technology common stock. The units convert into actual shares only when they vest and are then delivered to the reporting person as equity compensation.
What indirect holdings of Microchip (MCHP) stock does the CFO report?
The Form 4 shows 28,573 shares of Microchip Technology common stock held indirectly by a trust. This entry reflects existing indirect ownership rather than a new purchase or sale, providing transparency about shares associated with the reporting person.
Is the Microchip (MCHP) CFO’s RSU grant part of his compensation package?
Yes, the 279 restricted stock units are described as a grant or award, indicating compensation-related equity. The units vest only if he remains a service provider through May 15, 2027, aligning his compensation with continued service to the company.