Form 4: Microchip Technology Director Karlton D. Johnson Reports Sale of Common Stock
SEC Form 4 Filing
Director Karlton D. Johnson of Microchip Technology Incorporated reported selling 92 shares of common stock at $86.88 on March 6, 2024.
Summary
- On March 6, 2024, Karlton D. Johnson, a director at Microchip Technology Incorporated, sold 92 shares of common stock.
- The sale price was $86.88 per share.
- Following the transaction, Johnson directly owns 1,697 shares of Microchip Technology Incorporated.
Sentiment
Score: 5
Explanation: This is a neutral report of a stock sale by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure related to insider trading. It provides transparency into the transactions of company insiders, allowing investors to monitor their activity. It is important to consider this transaction in the context of the director's overall holdings and the company's performance.
Stakeholder Impact
- The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the transaction.
Key Dates
| Date | Description |
|---|---|
| 03/06/2024 | Date of transaction: Sale of common stock |
| 03/08/2024 | Date of signature on the report |
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