Bjornholt James Eric 4

What Happened

• James Eric Bjornholt, Senior Vice President and Chief Financial Officer of Microchip Technology (MCHP), exercised and/or converted equity awards on 2026-02-15 and 2026-02-16. He acquired 6,387 shares via exercises at $78.94 per share (total exercise cost ≈ $504,188). To cover tax withholding and related liabilities, 2,804 shares were surrendered (value ≈ $221,348), leaving a net delivery of 3,583 shares to the reporting person.
• The activity reflects vesting/conversion of restricted stock units and performance stock units (RSUs/PSUs) per the filing; vested shares were delivered and some were used to satisfy tax obligations rather than sold on market.

Key Details

• Transaction dates and prices: 2026-02-15 and 2026-02-16; exercises at $78.94/share.
• Shares exercised/received (gross): 6,387 shares; shares withheld for taxes (F): 2,804 shares; net shares received: 3,583 shares.
• Cash amounts shown: exercise payments ≈ $504,188; withholding value ≈ $221,348.
• Footnotes: multiple RSUs and PSUs vested (per F1–F6). Vesting schedules and PSU performance conditions are described in the filing; vested shares were delivered upon vest.
• Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price or tax liability (share withholding).
• Shares owned after the transactions were not specified in the provided summary.

Context

• This was not an open-market sale or purchase — it was exercises/conversions and delivery of vested awards with shares withheld to cover taxes (a common, administrative action when equity awards vest).
• For retail investors: exercises and vesting are routine compensation events and do not necessarily indicate the insider’s market view. The filing documents realization of equity compensation and tax-withholding mechanics rather than discretionary buying or selling for investment purposes.

Filed: 2026-02-19 (transactions occurred 2026-02-15 and 2026-02-16).