CHAPMAN MATTHEW W 4

What Happened
Matthew W. Chapman, a director at Microchip Technology Inc. (MCHP), sold 10,000 shares in an open-market transaction on May 15, 2026. The shares were disposed at $95.48 each, for a total proceeds of $954,799. This was a sale (not a purchase); sales by insiders can be routine and do not necessarily indicate a change in company outlook.

Key Details

• Transaction date: May 15, 2026
• Transaction type/code: Sale (S) — open market/private sale reported as open-market sale
• Price per share: $95.48
• Total value: $954,799
• Shares owned after transaction: Not specified in the provided filing summary
• Filing date: May 21, 2026 — filed six days after the transaction (exceeds the typical 2-business-day Form 4 reporting window), so the filing appears late
• No 10b5-1 plan, tax-withholding, or other footnotes were provided in the supplied data

Context

• This was a straightforward sale of shares, not an option exercise, gift, or award.
• Because no 10b5-1 plan or other instruction was disclosed, there is no filing detail indicating an automated trading plan; absence of that disclosure does not prove intent.
• Retail investors often track insider purchases as stronger signals; lone sales by directors are common and may reflect personal liquidity needs rather than company-specific concerns.