Form 4: Microchip Technology Inc. Executive Steve Sanghi Reports Changes in Beneficial Ownership

Steve Sanghi, Chair of the Board at Microchip Technology Inc., reports transactions involving common stock and derivative securities, resulting in adjustments to his beneficial ownership.

Summary

• On February 15, 2025, Steve Sanghi, Chair of the Board at Microchip Technology Inc., engaged in transactions involving common stock.
• These transactions included the acquisition of 9,580 shares and 8,871 shares of common stock at a price of $57.86, as well as the disposal of 2,700 shares and 2,387 shares at the same price.
• On February 17, 2025, Sanghi acquired 1,711 shares and 1,803 shares of common stock at $57.86, while disposing of 708 shares and 746 shares at the same price.
• These transactions involved the vesting and delivery of restricted stock units and performance stock units.
• Following these transactions, Sanghi's beneficial ownership stands at 10,155,770 shares, held indirectly through The Sanghi Trust and The Sanghi Family Limited Partnership.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting transactions without expressing any positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates