Microchip CEO sells 416,581 shares in 10b5-1 plan
Microchip Technology President, CEO and Chair Steve Sanghi reported an open-market sale of 416,581 shares of Common Stock at $88.5329 per share under a pre-arranged Rule 10b5-1 trading plan.
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Rhea-AI Filing Summary
Microchip Technology President, CEO and Chair Steve Sanghi reported an open-market sale of 416,581 shares of Common Stock at $88.5329 per share under a pre-arranged Rule 10b5-1 trading plan. After this indirect sale through a trust and a family limited partnership, he continues to hold 9,495,805 shares indirectly.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 416,581 | $88.5329 | $36.88M |
Footnotes (2)
- F1. The sale(s) reported in this Form 4 was/were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025. Sanghi
- F2. Of the 9,495,805 shares held, 3,589,933 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Form 4 regulatory
Family Limited Partnership financial
Common Stock financial
indirect ownership financial
FAQ
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What did Microchip (MCHP) CEO Steve Sanghi report in this Form 4?
Are the Microchip (MCHP) CEO’s reported holdings direct or indirect after the sale?
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