SEC Form 4 · accession 0001181945-26-000022
MICROCHIP TECHNOLOGY INC · MCHP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard J Simoncic
Officer — CHIEF OPERATING OFFICER
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 4:37 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000827054
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 130,508 | I | Shares held Indirectly, by Trust. |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F2 | — | Jul 1, 2026 | A | 3,523 | A | — | — | Common Stock | 3,523 | 3,523 | D |
| Performance Stock UnitsF3,F4 | — | Jul 1, 2026 | A | 3,524 | A | — | — | Common Stock | 3,524 | 3,524 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F2The restricted stock units will vest in full on August 15, 2030 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
- F3Each performance stock unit represents a contingent right to receive one share of Microchip Technology Incorporated common stock.
- F4Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending June 30, 2029. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 33.5% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs will vest on August 15, 2030 as long as the reporting person remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.