Sanghi Steve 4

What Happened

• Steve Sanghi, President, CEO and Chair of Microchip Technology Inc., sold 94,869 shares on Feb 12, 2026 at $82.46 per share, for proceeds of $7,823,192. The filing describes the disposition as an open-market or private sale and the sale was effected under a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: Feb 12, 2026 — 94,869 shares at $82.46 each.
• Proceeds: $7,823,192 (approximately $7.82M).
• Shares owned after transaction: 9,827,450 total (per filing). Of those, 3,921,578 are held by The Sanghi Trust and 5,905,872 are held by The Sanghi Family Limited Partnership.
• Footnotes: Sale effected pursuant to a Rule 10b5-1 trading plan adopted June 6, 2025.
• Filing timing: Form 4 was filed Feb 17, 2026 (five days after the Feb 12 transaction), which is later than the typical two-business-day window for Form 4 filings.

Context

• This was a sale (not a purchase); sales executed under a 10b5-1 plan are generally pre-planned and reduce the inference that the insider timed the market. For retail investors, purchases are often considered a stronger signal of insider conviction than routine sales.