Bjornholt James Eric 4
Research Summary
AI-generated summary
Microchip (MCHP) CFO James Bjornholt Sells 3,667 Shares
What Happened
James Eric Bjornholt, Senior Vice President and Chief Financial Officer of Microchip Technology Inc. (MCHP), disposed of a total of 3,667 shares in two transactions on May 22, 2026. He sold 3,333 shares at $90.64 each (proceeds $302,103) and 334 shares at $93.11 each (proceeds $31,100), for combined gross proceeds of $333,203. These were reported as sales (S), i.e., dispositions rather than purchases.
Key Details
- Transaction dates and prices: 5/22/2026 — 3,333 shares @ $90.64; 5/22/2026 — 334 shares @ $93.11.
- Aggregate proceeds: $333,203.
- Transaction type/code: Sale (S); listed as open market/private sale on the Form 4.
- Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 23, 2025.
- Filing: Form 4 filed 2026-05-26 (appears timely given the transaction date and filing date).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
Context
Sales made under a Rule 10b5-1 plan are prearranged trading programs that specify transactions in advance; such trades are commonly treated as routine and reduce concerns about opportunistic timing. Sales generally provide less bullish signal than purchases; this filing documents routine insider dispositions rather than stock acquisitions.