Microchip (NASDAQ: MCHP) CFO trust sells 3,667 shares
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
- None.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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.