MICROCHIP TECHNOLOGY INC·4

May 29, 4:09 PM ET

CHAPMAN MATTHEW W 4

Research Summary

AI-generated summary

Updated

Microchip (MCHP) Director Matthew W. Chapman Sells Shares

What Happened
Matthew W. Chapman, a director of Microchip Technology Inc. (MCHP), executed an open-market sale of 3,000 shares on May 28, 2026. The shares were sold at $97.52 per share for reported proceeds of $292,546. This was a sale (transaction code S), not a purchase or option exercise.

Key Details

  • Transaction date: May 28, 2026; filing date: May 29, 2026 (timely filing).
  • Price per share: $97.52; shares sold: 3,000; reported proceeds: $292,546.
  • Shares owned after the transaction: not specified in the provided filing.
  • No footnotes in the supplied data indicating a 10b5-1 plan, tax withholding, gift, or derivative transaction.
  • Transaction type: open-market sale (routine disposition of existing shares).

Context
This was a straightforward sale of existing shares by a company director. Sales are common insider activity and are generally less indicative of a bullish signal than insider purchases; they do not, by themselves, reveal the insider’s motivation. Retail investors tracking insider activity often weigh purchases more heavily when assessing insider sentiment.