Sanghi Steve 4

What Happened

Steve Sanghi, President, CEO and Chair of the Board of Microchip Technology (MCHP), sold 18,509 shares in an open-market transaction on January 22, 2026. The shares were sold at $79.20 each for total proceeds of approximately $1,465,883. This was a sale (not a purchase); sales by executives are often routine, and this one was executed under a pre-established trading plan.

Key Details

• Transaction date and price: January 22, 2026 — 18,509 shares sold at $79.20 per share.
• Total value: ~ $1,465,883.
• Shares owned following the reported transaction: 10,021,133 shares (per the filing).
• Ownership breakdown (per footnote): 4,115,261 shares held by The Sanghi Trust; 5,905,872 shares held by The Sanghi Family Limited Partnership.
• Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted June 6, 2025.
• Filing timeliness: Reported on Jan 26, 2026 for the Jan 22 transaction; this appears to be timely (filed within the required SEC window).

Context

The sale was executed under a 10b5-1 plan, meaning the trade was pre-arranged and likely scheduled in advance rather than being a spontaneous move based on current company developments. For retail investors, purchases by insiders often attract more attention as potential bullish signals; routine sales—especially under 10b5-1 plans—are common and may reflect diversification, tax planning, or estate planning rather than negative views on the company.