Microchip COO awarded 371 restricted stock units
Simoncic Richard J reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Simoncic Richard J reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology's chief operating officer, Richard J. Simoncic, received a grant of 371 restricted stock units, each representing one share of common stock. These units vest in full on May 15, 2027, if he remains a service provider through that date. The filing also shows 146,127 shares of common stock held indirectly through a trust.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 371 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F2. 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
Key Terms
Restricted Stock Units financial
contingent right financial
service provider financial
vesting date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Microchip Technology (MCHP) report for Richard J. Simoncic?
How many restricted stock units did the Microchip (MCHP) COO receive in this Form 4?
When do Richard J. Simoncic’s new Microchip (MCHP) restricted stock units vest?
What does each restricted stock unit represent in the Microchip (MCHP) Form 4?
Is the Microchip (MCHP) COO’s Form 4 transaction a market purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.