Microchip Technology (MCHP) SVP granted 203 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bunker Mathew B reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology Inc. senior vice president of operations Mathew B. Bunker received a grant of 203 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of Microchip common stock. The RSUs will vest in full on May 15, 2027, provided he remains a service provider through that date, and vested shares will be delivered upon vesting.
After this filing, Bunker is shown holding 25,158 shares of Microchip common stock directly, along with the 203 newly granted RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bunker Mathew B
Role
SENIOR VP, OPERATIONS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 203 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 203 shares (Direct, null);
Common Stock — 25,158 shares (Direct, null)
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
RSUs granted: 203 units
RSU vesting date: May 15, 2027
Common shares held after filing: 25,158 shares
+2 more
5 metrics
RSUs granted
203 units
Restricted stock units granted to SVP on May 8, 2026
RSU vesting date
May 15, 2027
RSUs vest in full if service continues through this date
Common shares held after filing
25,158 shares
Direct holdings of Microchip Technology common stock
RSU to share ratio
1 RSU : 1 share
Each RSU represents a contingent right to one share
RSU grant price
$0.00 per unit
Compensation award, not a market purchase
Key Terms
Restricted Stock Units, contingent right, vest in full, service provider
4 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"
FAQ
What insider transaction did Microchip Technology (MCHP) report for Mathew B. Bunker?
Microchip Technology reported that senior vice president of operations Mathew B. Bunker received a grant of 203 restricted stock units. These RSUs are a form of equity compensation that may convert into common shares if vesting conditions are satisfied.
How many restricted stock units did the Microchip Technology (MCHP) executive receive?
The executive received a grant of 203 restricted stock units. Each RSU represents a contingent right to receive one share of Microchip Technology common stock, subject to vesting and continued service requirements defined in the award terms.
When do the granted RSUs for the Microchip Technology (MCHP) executive vest?
The restricted stock units will vest in full on May 15, 2027. Vesting requires that the executive remain a service provider through that date, at which point the vested shares will be delivered to him.
What does each restricted stock unit represent for Microchip Technology (MCHP)?
Each restricted stock unit represents a contingent right to receive one share of Microchip Technology common stock. The units convert into shares only after vesting conditions are met and are delivered to the reporting person upon vesting.
Is the Microchip Technology (MCHP) RSU grant a market purchase or sale?
The RSU grant is not a market purchase or sale; it is a compensation-related award. The units were granted at a stated price of $0.00 per unit and vest based on continued service until May 15, 2027.