Microchip (NASDAQ: MCHP) COO awarded 608 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Microchip Technology’s chief operating officer Richard J. Simoncic received a grant of 608 restricted stock units on February 6, 2026. Each unit represents the right to receive one share of Microchip common stock. The units vest in full on February 16, 2027, if he continues as a service provider through that date.
After this grant, he holds 608 restricted stock units directly and 155,229 shares of common stock indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Simoncic Richard J
Role
CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 608 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 608 shares (Direct);
Common Stock — 155,229 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 MCHP COO Richard Simoncic report?
Richard J. Simoncic reported receiving 608 restricted stock units of Microchip Technology common stock. The award was recorded on February 6, 2026, as an acquisition at a price of $0 per unit, reflecting an equity grant rather than a market purchase.
When do Richard Simoncic’s new MCHP restricted stock units vest?
The 608 restricted stock units granted to Richard J. Simoncic vest in full on February 16, 2027. Vesting requires that he remain a service provider through that date, after which shares of Microchip Technology common stock will be delivered.
How many Microchip Technology restricted stock units does the COO now hold directly?
After the February 6, 2026 award, Richard J. Simoncic directly holds 608 restricted stock units. Each unit represents a contingent right to receive one share of Microchip Technology common stock, subject to vesting in 2027 while he remains a service provider.
What does each restricted stock unit granted to MCHP’s COO represent?
Each restricted stock unit granted to Richard J. Simoncic represents a contingent right to receive one share of Microchip Technology common stock. Once the units vest on February 16, 2027, the corresponding shares will be delivered to him, assuming continuous service.