Microchip Technology (MCHP) COO sells 10,000 indirect shares in open market

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Microchip Technology’s chief operating officer Richard J. Simoncic reported an open-market sale of Common Stock held indirectly through a trust. On May 13, 2026, the trust sold 10,000 shares at an average price of $97.546 per share. After this transaction, the trust continues to hold 136,127 shares of Microchip Technology Common Stock indirectly attributable to Simoncic.

Insider Trade Summary

Net Seller: 10,000 shares ($975,460)

Net Sell 1 txn

Insider Simoncic Richard J

Role CHIEF OPERATING OFFICER

Sold 10,000 shs ($975K)

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$97.546	$975K

Holdings After Transaction: Common Stock — 136,127 shares (Indirect, Shares held Indirectly, by Trust.)

Footnotes (1)

Key Figures

Shares sold: 10,000 shares Sale price: $97.546 per share Shares held after transaction: 136,127 shares +1 more

4 metrics

Shares sold 10,000 shares Open-market sale on May 13, 2026

Sale price $97.546 per share Average price for 10,000-share sale

Shares held after transaction 136,127 shares Indirect holdings through trust after sale

Net shares sold 10,000 shares Net-sell direction in transaction summary

Key Terms

open-market sale, Common Stock, indirect ownership, trust

4 terms

open-market sale financial

"reported an open-market sale of Common Stock held indirectly through a trust"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Common Stock financial

"reported an open-market sale of Common Stock held indirectly through a trust"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

indirect ownership financial

"indirect holdings associated with Richard J. Simoncic total 136,127 shares"

trust financial

"These shares are held through a trust, as indicated by the nature of ownership"

A trust is a legal setup in which one party (the trustee) holds and manages assets—like cash, stocks or property—on behalf of other people (beneficiaries) according to instructions from the person who created it (the grantor). Think of it as a locked box with a keyholder who must follow written rules; for investors it matters because trusts influence who controls and benefits from assets, affect taxes and succession, and can change how quickly or transparently shares are bought, sold or voted.

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Form 4 Insider Transactions: What Each Field Means →

05/15/2026 - 04:16 PM

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^*

Simoncic Richard J

(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)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CHIEF OPERATING OFFICER

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/13/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/13/2026		S		10,000	D	$97.546	136,127	I	Shares held Indirectly, by Trust.

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

Remarks:

	Deborah L. Wussler, as Attorney-in-Fact	05/15/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Microchip Technology (MCHP) report for Richard J. Simoncic?

Microchip Technology reported that COO Richard J. Simoncic’s trust sold 10,000 shares of Common Stock in an open-market transaction. The trade occurred on May 13, 2026, and was reported as an indirect ownership sale through a trust arrangement.

How many Microchip Technology (MCHP) shares were sold and at what price?

The filing shows a sale of 10,000 shares of Microchip Technology Common Stock at an average price of $97.546 per share. This was an open-market transaction reported as a non-derivative sale under SEC transaction code “S”.

How many Microchip Technology (MCHP) shares does Richard J. Simoncic hold after the sale?

Following the reported transaction, indirect holdings associated with Richard J. Simoncic total 136,127 shares of Microchip Technology Common Stock. These shares are held through a trust, as indicated by the nature of ownership disclosure in the Form 4 filing.

Was the Microchip Technology (MCHP) insider sale a direct or indirect holding?

The sale involved shares held indirectly through a trust, not directly by Richard J. Simoncic. The Form 4 lists the ownership code as indirect and specifies that the shares are held by a trust arrangement rather than in a personal account.

What does transaction code "S" mean in the Microchip Technology (MCHP) Form 4?

Transaction code “S” indicates a sale of securities in the open market or a private transaction. In this Form 4, it identifies the 10,000-share disposition of Microchip Technology Common Stock as an open-market sale executed on May 13, 2026.

Does the Microchip Technology (MCHP) filing show any option exercises or derivative trades?

The Form 4 data only show a non-derivative sale of Common Stock and no derivative transactions. The derivative summary is empty, indicating no reported option exercises, conversions, or other derivative-related activity in this particular filing.