Microchip CFO trust sells 3,667 shares
MICROCHIP TECHNOLOGY INC Senior VP and CFO James Eric Bjornholt, through a trust, reported two open-market sales of Microchip common stock.
Rhea-AI Filing Summary
MICROCHIP TECHNOLOGY INC Senior VP and CFO James Eric Bjornholt, through a trust, reported two open-market sales of Microchip common stock. The trust sold 3,667 shares in total, with 334 shares sold at about $93.11 per share and 3,333 shares sold at $90.64 per share.
These transactions were executed as indirect holdings "held by Trust" and were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person. Such plans automate trading under preset instructions, making the timing of these sales more routine.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 3,667 shares
Net Sell
2 txns
Insider
Bjornholt James Eric
Role
SENIOR VP AND CFO
Sold
3,667 shs ($333K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,333 | $90.64 | $302K |
| Sale | Common Stock | 334 | $93.1148 | $31K |
Holdings After Transaction:
Common Stock — 28,573 shares (Indirect, Shares held Indirectly, by Trust.)
Footnotes (1)
- 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 May 23, 2025.
FAQ
What insider transaction did MICROCHIP TECHNOLOGY (MCHP) report for its CFO?
MICROCHIP TECHNOLOGY reported that Senior VP and CFO James Eric Bjornholt, through a trust, sold 3,667 shares of common stock. The Form 4 shows two open-market sales executed on May 22, 2026, reflecting indirect holdings held by a trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.