Bjornholt James Eric 4

What Happened

• James Eric Bjornholt, Senior VP and Chief Financial Officer of Microchip Technology Inc., exercised/converted equity awards on May 15, 2026. The filing shows acquisitions of 6,422 shares at an effective per-share amount of $93.85 (total value ≈ $602,705). To satisfy exercise price and/or tax withholding, 2,755 shares were disposed (withheld) at $93.85 (total ≈ $258,557). Net shares delivered to him after withholding were 3,667, and the net cash value difference is approximately $344,148.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 19, 2026 (filed within required two business days).
• Acquisitions (exercise/conversion): 6,422 shares @ $93.85 = ~$602,705 total.
• Withholding/tax payments: 2,755 shares @ $93.85 = ~$258,557 total (reported as disposals to cover exercise/taxes).
• Net shares received: 3,667 shares (6,422 acquired − 2,755 withheld).
• Several derivative entries at $0.00 reflect conversion/cancellation of the underlying derivative awards upon vesting.
• Footnotes indicate these shares came from vested restricted stock units (RSUs) and performance stock units (PSUs) under Microchip’s equity plans (vested shares were delivered upon vest; PSUs were contingent on operating margin goals over the measurement periods).
• Shares owned after the transaction are not provided in the excerpt of the filing.

Context

• This was not an open-market sale but a conversion/exercise and net settlement (shares withheld to cover taxes/exercise), a common executive compensation event rather than a directional market trade. For options/PSU exercises, the $0 derivative lines typically represent cancellation of the award upon conversion into actual shares. This filing appears timely.