Microchip CEO Sanghi Holds 10.16M Shares; Granted 7,886 RSUs
Rhea-AI Filing Summary
Steve Sanghi, who serves as President, CEO and Chair of Microchip Technology Incorporated (MCHP), is reported as the beneficial owner of 10,161,135 common shares held indirectly: 4,255,263 shares in The Sanghi Trust and 5,905,872 shares in The Sanghi Family Limited Partnership.
On 08/08/2025 he was granted 7,886 restricted stock units (RSUs), each representing a contingent right to receive one share of common stock. The RSUs are reported as held directly and will vest in full on May 15, 2028 provided the reporting person remains a service provider through the vesting date.
Positive
- Substantial insider ownership: Reporting person beneficially owns 10,161,135 shares indirectly, showing a significant equity stake.
- Time‑based RSU grant: 7,886 restricted stock units awarded that vest in full on May 15, 2028, each convertible to one common share.
Negative
- None.
Insights
TL;DR: Significant indirect ownership and a modest RSU grant recorded; no disposals or option exercises reported.
The Form 4 discloses that Steve Sanghi holds 10,161,135 shares indirectly through a trust and a family limited partnership, indicating concentrated insider ownership. The reported transaction is an award of 7,886 restricted stock units on 08/08/2025, exercisable into one share each and vesting on 05/15/2028 if service continues. There are no sales or price disclosures; this filing documents equity compensation and maintenance of substantial indirect holdings rather than active trading.
TL;DR: Governance filing shows alignment via time‑based RSUs and high insider stake, routine disclosure for a CEO/chair.
The disclosure identifies Sanghi as President, CEO and Chair and quantifies ownership split: 4,255,263 shares in The Sanghi Trust and 5,905,872 in The Sanghi Family Limited Partnership. The grant of 7,886 RSUs with a full vesting date of 05/15/2028 is a standard time‑based award; the Form reports the RSUs as direct holdings. From a governance perspective, the filing documents long‑dated vesting conditions consistent with multi‑year incentive alignment, with no indication of related-party transactions or departures from typical executive compensation structure.