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Microchip (MCHP) Director RSU Vesting: 1,258 Shares Delivered; 3,090-Unit Grant

Filing Impact
(Low)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Microchip Technology Inc. (MCHP) director Richard B. Cassidy II had restricted stock units (RSUs) vest and received shares on August 18, 2025. 1,258 RSUs vested and were delivered as common stock to the reporting person, recorded as an acquisition at a price field of $65.56, resulting in 1,258 shares beneficially owned following the transaction. The filing also reports an additional grant of 3,090 RSUs dated August 19, 2025, which vest in full on the earlier of one day before the next annual meeting or one year from grant, subject to continued service as a non-employee director.

Positive

  • 1,258 shares were delivered to the director upon RSU vesting, increasing direct beneficial ownership
  • 3,090 RSU grant documented with clear vesting conditions, showing standard governance and compensation transparency

Negative

  • None.

Insights

TL;DR: Routine director RSU vesting produced a small, disclosed increase in beneficial ownership; no sales or dilution events reported.

The Form 4 documents a standard equity compensation event: 1,258 RSUs vested on August 18, 2025 and shares were delivered to the director, increasing his direct holdings to 1,258 shares. A subsequent RSU grant of 3,090 units was reported with vesting contingent on continued non-employee director status and timing tied to the next annual meeting or one year from grant. This is a routine, non-cash compensation occurrence that is informational for ownership tracking but does not imply company-wide capital changes.

TL;DR: Vesting and new RSU grant align with typical non-employee director compensation practices and disclosure requirements.

The filing clearly states that the 1,258 restricted stock units vested in full and shares were delivered on August 18, 2025. The new grant of 3,090 RSUs has explicit vesting conditions tied to service and timing, consistent with customary director retention arrangements. Disclosure appears complete regarding ownership counts and vesting mechanics; no red flags such as undisclosed related-party transactions or rapid sales are present in this Form 4.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cassidy Richard B. II

(Last) (First) (Middle)
C/O MICROCHIP TECHNOLOGY INC.
2355 W CHANDLER BLVD

(Street)
CHANDLER AZ 85224-6199

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MICROCHIP TECHNOLOGY INC [ MCHP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/18/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/18/2025 M 1,258 A $65.56 1,258 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $65.56 08/18/2025 M 1,258 (1) (1) Common Stock 1,258 $0 0 D
Restricted Stock Units (2) 08/19/2025 A 3,090 (3) (3) Common Stock 3,090 $0 3,090 D
Explanation of Responses:
1. The restricted stock units vested in full on August 18, 2025. Vested shares were delivered to the reporting person upon vest.
2. Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
3. The Restricted Stock Units shall vest in full on the earlier of (i) one day prior to the next annual meeting of stockholders or (ii) one year from the date of grant. All vesting of the Restricted Stock Unit Grant is contingent upon the Non-Employee Director maintaining continued status as a Non-Employee Director through the applicable vesting date.
Remarks:
Deborah L. Wussler, as Attorney-in-Fact 08/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many shares did Richard B. Cassidy II acquire according to the Form 4 for MCHP?

The reporting person had 1,258 shares delivered upon RSU vesting on August 18, 2025.

When did the RSUs vest and when were the shares delivered in the MCHP Form 4?

The restricted stock units vested in full on August 18, 2025 and vested shares were delivered upon vesting.

What is the size and vesting condition of the new RSU grant reported for MCHP?

A grant of 3,090 RSUs dated August 19, 2025 will vest in full on the earlier of one day prior to the next annual meeting or one year from grant, contingent on continued status as a non-employee director.

What was the price indicated on the Form 4 for the acquired shares?

The Form 4 lists a price field of $65.56 associated with the reported acquisition entry.

Does the Form 4 show any sales or disposals by the reporting person?

No. The Form 4 only reports acquisitions via RSU vesting and delivery; there are no disposals shown.
Microchip Technology Inc.

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28.41B
529.03M
2.1%
104.29%
3.88%
Semiconductors
Semiconductors & Related Devices
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United States
CHANDLER