Microchip (NASDAQ: MCHP) CFO granted 458 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Microchip Technology Incorporated Senior VP and CFO James Eric Bjornholt received an award of 458 restricted stock units on February 6, 2026. Each unit represents the right to receive one share of Microchip common stock.
The restricted stock units vest in full on February 16, 2027, provided he remains a service provider through that date. After this transaction, he also has 30,089 shares of common stock reported as indirectly owned through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Bjornholt James Eric
Role
SENIOR VP AND CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 458 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 458 shares (Direct);
Common Stock — 30,089 shares (Indirect, Shares held Indirectly, by Trust.)
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 February 16, 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.
FAQ
What insider transaction did Microchip Technology (MCHP) disclose for its CFO?
Microchip Technology reported that Senior VP and CFO James Eric Bjornholt received 458 restricted stock units on February 6, 2026. These units are a form of equity compensation that can convert into common shares if vesting conditions are satisfied and employment continues.
When do the new restricted stock units for MCHP’s CFO vest?
The 458 restricted stock units granted to Microchip’s CFO vest in full on February 16, 2027. Vesting requires that he remain a service provider through that date, after which the vested shares will be delivered to him according to the award terms.
What does each restricted stock unit represent in the MCHP Form 4 filing?
Each restricted stock unit represents a contingent right to receive one share of Microchip Technology common stock. The units have no exercise price and convert into shares only if the vesting conditions are met and the executive continues as a service provider through the vesting date.
Was any cash paid for the restricted stock units granted to Microchip’s CFO?
No cash was paid for the 458 restricted stock units granted to the CFO; the Form 4 shows a price of $0 per unit. This indicates the award is part of his equity compensation, issued by the company rather than purchased on the open market.