Every Form 4 that Microchip Technology Inc. (MCHP) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow MCHP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MCHP filings page.
Sanghi Steve reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology president, CEO and chair Steve Sanghi reported new equity awards in the form of restricted stock units (RSUs) and performance stock units (PSUs) granted at no cash cost on April 1, 2026. The RSUs cover 53,643 shares of common stock and the PSUs cover 80,462 target shares.
The RSUs vest on schedules running from May 15, 2028 through February 15, 2030, as long as he remains a service provider, with shares delivered upon vesting. The PSUs are tied to Microchip’s cumulative non-GAAP operating margin over 4, 8 and 12-quarter periods ending March 31, 2027, 2028 and 2029, with actual shares earned potentially above or below target and vesting through May 15, 2030. The filing also notes 9,912,386 common shares held indirectly via a trust and a family limited partnership.
Krawczyk Joseph R II reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology senior vice president Joseph R. Krawczyk II received multiple equity awards in the form of restricted stock units (RSUs) and performance stock units (PSUs) on April 1, 2026. These units each represent a contingent right to receive one share of Microchip common stock.
The RSUs vest over time in quarterly installments between May 15, 2027 and February 15, 2030, provided he continues as a service provider through each vesting date. Vested RSU shares will be delivered upon vesting.
The PSUs are tied to Microchip’s cumulative non-GAAP operating margin over 4, 8, or 12-quarter measurement periods ending on March 31, 2027, March 31, 2028, and March 31, 2029, with target outcomes based on margin levels of 30.5%, 31.0%, and 31.5%. Actual shares earned can be higher or lower than target depending on performance, and earned PSUs vest in quarterly tranches or in full from May 15, 2027 through May 15, 2030. Following these awards, he directly holds 13,926 shares of common stock.
Bunker Mathew B reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology senior vice president of operations Mathew B. Bunker reported multiple equity awards that increase his long-term stake in the company. On April 1, 2026, he received grants of restricted stock units (RSUs) and performance stock units (PSUs), each representing the right to receive one share of common stock if conditions are met.
The RSUs vest either in four equal quarterly installments between May 15, 2027 and February 15, 2029, or in full on May 15, 2030, contingent on continued service. The PSUs are tied to Microchip’s cumulative non-GAAP operating margin over 4, 8, and 12-quarter periods ending March 31, 2027, March 31, 2028, and March 31, 2029, with target outcomes based on margins of 30.5%, 31.0%, and 31.5%.
The actual shares earned from PSUs can be higher or lower than the targets depending on performance, and earned PSUs vest in quarterly installments or in full on May 15, 2030. Following these awards, Bunker is shown as directly holding 25,158 shares of Microchip common stock.
Bjornholt James Eric reported acquisition or exercise transactions in this Form 4 filing.
Microchip Technology Inc. senior VP and CFO James Eric Bjornholt received equity compensation grants totaling 58,500 stock units. The awards comprise 29,249 Restricted Stock Units and 29,251 Performance Stock Units, each unit representing a contingent right to one share of common stock.
The RSUs vest in scheduled installments from May 15, 2027 through May 15, 2030, contingent on continued service. The PSUs are earned based on cumulative non-GAAP operating margin targets of 30.5%, 31.0% and 31.5% over measurement periods ending March 31, 2027, 2028 and 2029, then vest between 2027 and 2030 if employment conditions are met. The filing also notes 28,573 common shares held indirectly in a trust.
Microchip Technology’s chief operating officer, Richard J. Simoncic, reported an indirect acquisition of company stock through an employee plan. On March 2, 2026, a trust associated with him acquired 431 shares of Microchip Technology common stock at an average price of $49.2575 per share under the 2001 Employee Stock Purchase Plan. These shares were paid for by contributions made over the six‑month period ended February 27, 2026, in an exempt transaction under Rule 16(b)-3(d). Following this grant, the trust holds a total of 159,862 shares of Microchip Technology common stock indirectly for his benefit.
Microchip Technology President, CEO and Chair Steve Sanghi reported an acquisition of 580 shares of common stock on March 2, 2026 through an employee stock purchase plan. The shares were acquired at a price of $49.2575 per share under the 2001 Employee Stock Purchase Plan.
Following this transaction, Sanghi is shown as indirectly owning 9,912,386 shares of Microchip Technology common stock, including 4,006,514 shares held by The Sanghi Trust and 5,905,872 shares held by The Sanghi Family Limited Partnership.
Microchip Technology senior vice president Joseph R. Krawczyk II acquired 379 shares of common stock on March 2, 2026. The shares were obtained through the company’s 2001 Employee Stock Purchase Plan at $49.2575 per share, bringing his directly held stake to 13,926 shares.
Microchip Technology Inc. senior vice president of operations Mathew B. Bunker reported acquiring 363 shares of common stock at $49.2575 per share. These shares were purchased through the company’s 2001 Employee Stock Purchase Plan using contributions made over the six-month period ended February 27, 2026. Following this transaction, his directly held common stock balance increased to 25,158 shares.
Microchip Technology Inc. senior vice president and CFO James Eric Bjornholt reported an acquisition of company stock through an employee plan. On March 2, 2026, a trust associated with him acquired 431 shares of Microchip common stock at $49.2575 per share under the 2001 Employee Stock Purchase Plan, bringing indirect holdings to 28,573 shares.
Microchip Technology Senior VP and CFO James Eric Bjornholt reported indirect open-market sales of a total of 5,530 shares of common stock held by a trust associated with him. The sales on February 24, 2026 occurred at prices of $77.09 and $78.93 per share under a pre-arranged Rule 10b5-1 trading plan adopted on May 23, 2025. After these transactions, 28,142 shares were reported as indirectly held.
Microchip Technology's chief operating officer Richard J. Simoncic reported equity award activity rather than open‑market trading. On February 15 and 16, 2026, restricted stock units and performance stock units vested and were converted into shares of common stock, with vested shares delivered to him or an associated trust.
The filing shows multiple exercise or conversion (code M) transactions at a reference price of $78.94 per share, alongside tax-withholding dispositions (code F) where some shares held indirectly by a trust were used to satisfy tax liabilities. The performance stock units were earned based on cumulative non‑GAAP operating margin targets over 12‑quarter measurement periods.
Microchip Technology Inc. director, president, CEO and chair Steve Sanghi reported equity award vesting and related share movements. On February 15, 2026, Performance Stock Units representing 6,731 shares and Restricted Stock Units representing 4,480 and 128,861 shares were exercised or converted, delivering common stock under prior grants.
According to the footnotes, the resulting common shares are held indirectly by entities such as The Sanghi Trust and The Sanghi Family Limited Partnership, which held 9,911,806 shares as of February 15, 2026; this is a baseline figure, not an open-market trade. On February 15–16, 2026, additional RSUs and PSUs vested in full, and 53,285, 1,853, 1,802, 708, 115 and 42 shares of common stock were disposed of to cover tax withholding, rather than sold in discretionary market transactions.
Microchip Technology senior vice president Joseph R. Krawczyk II reported multiple stock-based compensation transactions involving restricted stock units and common shares. On February 15, 2026 and February 16, 2026, several restricted stock unit awards vested and were converted into shares of common stock at a reference price of $78.94 per share for the common stock entries.
Some of the newly delivered shares were automatically disposed of under transaction code F, which indicates shares were withheld to pay taxes or exercise-related obligations, rather than sold in an open-market trade. After these transactions, Krawczyk directly held 13,547 shares of Microchip Technology common stock.
Microchip Technology senior vice president of operations Mathew B. Bunker reported equity award activity tied to vesting restricted stock units (RSUs) and performance stock units (PSUs) on February 15–16, 2026. RSUs and PSUs converted into shares of common stock as they vested under the company’s 2004 Equity Incentive Plan.
Some of the newly delivered shares were automatically withheld at a price of $78.94 per share to cover tax obligations, recorded as disposition transactions, while the remainder increased his directly held common stock to 24,795 shares.
Microchip Technology Senior VP and CFO James Eric Bjornholt reported multiple equity award vesting transactions in mid-February 2026. Restricted stock units and performance stock units converted into common stock on February 15, 2026 and February 16, 2026, with resulting common shares priced at $78.94 per share in the Form 4 tables.
The vested shares were delivered to him upon vesting, and many are held indirectly through a trust. Several F-code transactions show small share dispositions used to satisfy tax withholding obligations rather than open‑market selling. Following these transactions, the trust held 33,672 shares of Microchip common stock.
Microchip Technology President, CEO and Chair Steve Sanghi reported an open-market sale of 94,869 shares of common stock on February 12, 2026 at an average price of $82.4631 per share. The transaction was executed under a pre-established Rule 10b5-1 trading plan adopted on June 6, 2025.
Following this sale, Sanghi is reported as indirectly beneficially owning 9,827,450 Microchip shares, held through The Sanghi Trust and The Sanghi Family Limited Partnership. These holdings reflect his ongoing indirect equity interest in the company he leads.
Microchip Technology executive Joseph R. Krawczyk II, Senior Vice President of Worldwide Client Engagement, reported an open-market sale of 4,400 shares of common stock on February 12, 2026 at an average price of $78.578 per share. After this transaction, he directly beneficially owned 12,781 shares of Microchip Technology common stock.
Microchip Technology executive Mathew B. Bunker reported an open-market sale of company stock. As Senior VP, Operations, he sold 10,000 shares of Microchip Technology common stock on February 12, 2026, at a price of $78.37 per share. Following this transaction, he directly owned 22,522 shares.
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.
Microchip Technology Incorporated President, CEO and Chair of the Board Steve Sanghi reported an equity award and his updated shareholdings. On February 6, 2026, he received 5,608 restricted stock units at a price of $0 per unit, held directly.
Each restricted stock unit represents a contingent right to receive one share of Microchip common stock and will vest in full on May 15, 2028, if he remains a service provider through that date. Following this award, he is also reported as indirectly beneficially owning 9,922,319 shares of common stock, with 4,016,447 shares held by The Sanghi Trust and 5,905,872 shares held by The Sanghi Family Limited Partnership.
Microchip Technology Incorporated reported an equity award to senior vice president Joseph R. Krawczyk II. On February 6, 2026, he was granted 349 restricted stock units (RSUs), each representing the right to receive one share of Microchip common stock at no purchase price.
The RSUs will vest in full on February 16, 2027, provided he remains a service provider through that date, and vested shares will be delivered to him upon vesting. After this grant, he directly holds 17,181 shares of common stock and 349 RSUs.
Microchip Technology Incorporated senior vice president of operations Mathew B. Bunker reported a routine equity grant. On February 6, 2026, he received 334 restricted stock units, each representing a contingent right to one share of Microchip common stock at no cash cost.
The 334 restricted stock units will vest in full on February 16, 2027, provided he continues as a service provider through that date. After vesting, the corresponding common shares will be delivered to him. Following this grant, he directly holds 32,522 shares of Microchip common stock.
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.
Microchip Technology entities associated with President, CEO and Chair of the Board Steve Sanghi sold 98,814 shares of common stock on January 28, 2026 at an average price of $80.5535 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on June 6, 2025.
After this transaction, these entities beneficially owned a total of 9,922,319 Microchip shares, including 4,016,447 shares held by The Sanghi Trust and 5,905,872 shares held by The Sanghi Family Limited Partnership.
Microchip Technology Inc. insider activity: President, CEO and Chair of the Board Steve Sanghi reported an indirect sale of 18,509 shares of Microchip Technology common stock at an average price of $79.1984 per share on January 22, 2026. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on June 6, 2025, which is designed to allow scheduled sales over time. Following this sale, a total of 10,021,133 shares were reported as indirectly held through The Sanghi Trust and The Sanghi Family Limited Partnership.
Microchip Technology Incorporated (MCHP) reported an insider transaction by its Senior Vice President and Chief Financial Officer. On 11/25/2025, the reporting person sold 4,292 shares of Microchip common stock at a price of $50.39 per share, coded as an open market or private sale (code "S").
Following this transaction, the reporting person beneficially owned 30,089 shares held indirectly through a trust. The filing notes that the sale was made under a Rule 10b5-1 trading plan that the reporting person adopted on May 23, 2025, which is a pre-arranged plan designed to allow systematic trading of shares.
Microchip Technology (MCHP) reported insider equity activity by its Chief Operating Officer. The filing details multiple transactions in common stock held indirectly through a trust on November 15 and 17, 2025, linked to the vesting of restricted stock units (RSUs) and performance stock units (PSUs) at a price of $51.7 per share.
RSUs and PSUs granted under Microchip’s 2004 Equity Incentive Plan vested on these dates, and the corresponding shares of common stock were delivered to the reporting person upon vesting. The PSUs are earned based on Microchip’s cumulative non-GAAP operating margin over 12-quarter measurement periods, with a target margin of 40.0%. After the reported transactions, the COO indirectly beneficially owned 155,229 shares of Microchip common stock through the trust.
Microchip Technology (MCHP) reported insider equity activity for its President, CEO and Chair following the vesting of restricted stock units (RSUs) and performance stock units (PSUs). On November 15 and 17, 2025, RSUs and PSUs converted into common stock at an exercise price of $51.7, with some shares withheld to cover obligations. After these transactions, the reporting person indirectly held around 10.18 million shares of Microchip common stock through The Sanghi Trust and The Sanghi Family Limited Partnership. The PSUs were tied to Microchip’s cumulative non-GAAP operating margin over 12-quarter periods ending September 30, 2024 and September 30, 2025, with earned units vesting on the same November 2025 dates.
Microchip Technology (MCHP) senior vice president of worldwide client engagement reported routine equity transactions related to restricted stock units. On November 15, 2025, multiple restricted stock unit (RSU) awards with an exercise price of $51.7 per share were converted to common stock, with 338, 786, and later on November 17, 2025, 393 RSUs settling into shares. Some of the resulting shares, including 145, 337, and 169 shares, were withheld and disposed of using transaction code "F" at $51.7 per share, which typically reflects tax withholding on vested equity.
Following these transactions, the reporting person directly owned 17,181 shares of Microchip Technology common stock.
Microchip Technology Incorporated (MCHP) senior vice president of operations reported multiple equity award vesting events and related share withholding transactions. On November 15, 2025, restricted stock units and performance stock units converted into common stock in several tranches, including 870, 840, and 1,465 shares at an exercise price of $51.7 per share, with portions of 243, 234, and 409 shares withheld, coded as dispositions for tax purposes. Additional performance stock units and restricted stock units covering 238 and 452 shares vested on November 17, 2025, with 67 and 126 shares withheld. After these transactions, the officer directly owned 32,522 shares of Microchip common stock.
Microchip Technology (MCHP) Senior VP and CFO, reporting as an indirect owner via a trust, disclosed multiple equity award settlements on November 15 and 17, 2025. Restricted stock units and performance stock units converted into common stock at an exercise price of $51.7 per share, shown as transaction code “M” in both the non-derivative and derivative tables.
Shares were delivered to the executive as the awards vested, while some shares (code “F”) were withheld to cover obligations, leaving 34,381 shares of common stock beneficially owned indirectly by the trust after the final reported transaction. The PSUs are tied to Microchip’s cumulative non-GAAP operating margin targets over 12-quarter periods ending on September 30, 2024 and September 30, 2025, reflecting performance-based compensation.
Microchip Technology (MCHP) reported an insider equity grant by its Chief Operating Officer. On November 6, 2025, the reporting person acquired 846 restricted stock units (RSUs), each representing the right to receive one share of common stock. The RSUs vest in full on November 15, 2026, contingent on continued service. Following the transactions, the filer reported 151,057 shares of common stock held indirectly by a trust, and 846 RSUs held directly.
Microchip Technology (MCHP) insider filed a Form 4 reporting equity awards and holdings. On 11/06/2025, the reporting person received 7,940 restricted stock units (RSUs), each representing one share of common stock, at a stated price of $0. These RSUs vest in full on May 15, 2028, contingent on continued service.
Following the reported transactions, 10,167,682 shares of common stock were beneficially owned indirectly, including 4,261,810 shares held by The Sanghi Trust and 5,905,872 shares held by The Sanghi Family Limited Partnership. The person also held 7,940 derivative securities (RSUs) directly after the award.
Microchip Technology (MCHP) insider filing: the company’s Sr. VP, WW Client Engagement reported the acquisition of 481 restricted stock units (RSUs) on 11/06/2025 (Form 4). Each RSU equals one share of common stock.
The RSUs vest in full on November 15, 2026, subject to continued service. After the reported transactions, the reporting person beneficially owned 16,315 shares of Microchip common stock, held directly.
Microchip Technology (MCHP) Form 4: A Senior VP, Operations reported an award of 460 restricted stock units on 11/06/2025. Each RSU represents the right to receive one share of common stock and will vest in full on November 15, 2026, subject to continued service through that date. Following the reported transaction, the reporting person directly owned 29,736 shares of Microchip Technology common stock.
Microchip Technology (MCHP) reported an insider equity award for its Senior VP and CFO. On 11/06/2025, the executive acquired 634 restricted stock units (RSUs) at a price of $0 under a Form 4 filing.
The RSUs will vest in full on November 15, 2026, with shares delivered upon vesting. Following the reported transactions, the executive beneficially owned 634 derivative securities directly and 30,089 shares of common stock indirectly through a trust.
Microchip Technology (MCHP) filed a Form 4/A reporting equity awards to its Chief Operating Officer. On 10/01/2025, the officer received 4,874 Restricted Stock Units and 4,875 Performance Stock Units at $0 per unit.
The RSUs vest in full on November 15, 2029. The PSUs are tied to Microchip’s cumulative non-GAAP operating margin over 12 quarters ending September 30, 2028, with a 30.0% target, and will vest on November 15, 2029 if service conditions are met. The amendment corrects the performance target to 30.0%.
Following the reported transactions, the officer holds 151,057 shares of common stock indirectly via a trust, and 4,874 RSUs and 4,875 PSUs directly.
Microchip Technology (MCHP) reporting person Steve Sanghi, who serves as President, CEO and Chair, amended a Form 4 to disclose his beneficial ownership and recent equity awards. He holds 10,167,682 shares indirectly through The Sanghi Trust (4,261,810) and The Sanghi Family Limited Partnership (5,905,872).
The amendment records two grants dated 10/01/2025: 19,498 restricted stock units that vest in full on 11/15/2029 if he remains a service provider, and 29,246 performance stock units tied to achieving a cumulative 30.0% non-GAAP operating margin over the 12-quarter measurement period ending 9/30/2028. Earned PSUs also vest on 11/15/2029 if service conditions are met.
Amended Form 4 shows that Joseph R. Krawczyk II, Sr. VP, WW Client Engagement at Microchip Technology Incorporated (MCHP), reported transactions with an earliest transaction date of 10/01/2025 and an amendment dated 10/03/2025. The filing reports a disposition of 16,315 shares of common stock and the grant/acquisition of several equity awards: 1,755 Restricted Stock Units and 1,755 Performance Stock Units (PSUs) tied to a cumulative non-GAAP operating margin goal of 30.0% over 12 quarters ending 9/30/2028. Additional RSUs (75 and 124) and PSUs (125) were granted with vesting dates on 11/15/2027, 11/15/2028, 11/15/2028, and 11/15/2029 depending on the award. The amended filing clarifies the 30.0% non-GAAP operating margin metric and states earned awards vest if service continues through each vest date.
Microchip Technology (MCHP) amended a Form 4 to report insider equity activity for Senior VP, Operations Mathew B. Bunker. The amendment records a disposition of 29,736 shares of common stock and the grant of time‑based restricted stock units (RSUs) and performance stock units (PSUs). The awards total 4,817 contingent units: 2,339 RSUs and 2,340 PSUs granted with vesting on 11/15/2029, plus a smaller tranche of 69 RSUs and 69 PSUs vesting on 11/15/2028.
The PSUs are measured against Microchip's cumulative non‑GAAP operating margin over 12 quarters ending 09/30/2028 with a reported target threshold of 30.0%; the actual PSUs earned may be higher or lower depending on performance. The Form 4/A corrects the non‑GAAP operating margin figure and notes that vested shares will be delivered upon vesting if the reporting person remains a service provider.
James Eric Bjornholt, Senior Vice President and Chief Financial Officer of Microchip Technology Incorporated (MCHP), filed an amended Form 4 reporting equity awards and existing indirect holdings. The amendment corrects the performance target to a cumulative non-GAAP operating margin of 30.0% over 12 quarters ending September 30, 2028. On October 1, 2025, the reporting person was granted 3,071 restricted stock units (RSUs) and 3,071 performance stock units (PSUs), each contingent on service and, for PSUs, company performance. The RSUs and any earned PSUs vest and will be delivered on November 15, 2029, provided continued service through vesting.
The filing also shows 30,089 shares of common stock beneficially owned indirectly by the reporting person via a trust. The amendment was filed to state the PSU performance metric precisely as 30.0%, and notes that later reports are deemed to include this correction.
Microchip Technology reported an insider Form 4 for Richard J. Simoncic, the company’s Chief Operating Officer, disclosing non‑derivative and derivative equity awards granted on 10/01/2025. The filing shows 151,057 shares held indirectly in a trust and two new awards delivered directly: 4,874 Restricted Stock Units (RSUs) and 4,875 Performance Stock Units (PSUs). The RSUs vest in full on November 15, 2029 if service continues. The PSUs vest on the same date and are earned based on Microchip’s cumulative non‑GAAP operating margin over 12 quarters ending September 30, 2028, with the target based on achieving 29.0% cumulative margin. Vested awards convert one‑for‑one into common shares.
Microchip Technology (MCHP) reported an insider equity award on a Form 4. On 10/01/2025, the reporting person, who is both a director and an officer, received 19,498 restricted stock units (RSUs) and 29,246 performance stock units (PSUs), both at a price of $0.
The RSUs vest in full on November 15, 2029, subject to continued service. The PSUs represent a target number of shares tied to Microchip’s cumulative non-GAAP operating margin over 12 quarters ending September 30, 2028, with the target set at 29.0%; actual shares earned may be higher or lower, and any earned PSUs vest on November 15, 2029 with continued service. Following the reported transactions, 10,167,682 shares of common stock were beneficially owned indirectly through a trust and a family limited partnership.
Joseph R. Krawczyk II, Senior Vice President, Worldwide Client Engagement at Microchip Technology Incorporated (MCHP), reported changes in his beneficial ownership on 10/01/2025. The filing shows a disposition of 16,315 shares of common stock (reported as Code V). On the same date he was credited with multiple equity awards: 1,755 restricted stock units (RSUs), 1,755 performance stock units (PSUs), and several additional RSU/PSU tranches of 75, 124, and 125 units. The RSUs vest on specified dates in 2027, 2028, and 11/15/2029 provided continued service; vested RSUs will be delivered as common stock. The PSUs vest on 11/15/2028 and 11/15/2029 subject to service and achievement of a cumulative 29.0% non-GAAP operating margin over 12 quarters ending 9/30/2028
Microchip Technology (MCHP) Form 4: A Senior VP, Operations reported equity awards and updated holdings. The officer received 2,339 restricted stock units (RSUs) that vest on November 15, 2029, and 2,340 performance stock units (PSUs) whose payout depends on Microchip’s cumulative non-GAAP operating margin over 12 quarters ending September 30, 2028, with earned PSUs vesting on November 15, 2029. The filing also shows smaller grants of 69 RSUs and 69 PSUs vesting on November 15, 2028. Each RSU/PSU represents a right to one share upon vesting. Following the reported transactions, common stock beneficially owned is 29,736 shares, held directly.
James Eric Bjornholt, Senior VP and CFO of Microchip Technology Incorporated (MCHP), reported equity awards on 10/01/2025 on Form 4. The filing shows 30,089 shares held indirectly in a trust. On the same date he was granted 3,071 restricted stock units (RSUs) and 3,071 performance stock units (PSUs), each unit representing a contingent right to one share.
The RSUs will vest in full on November 15, 2029 provided continued service. The PSUs vest on the same date but are earned only if Microchip achieves a cumulative non-GAAP operating margin of 29.0% over the 12-quarter period ending September 30, 2028; actual PSU payout can be higher or lower than target.