Bunker Mathew B 4

What Happened

• Mathew B. Bunker, Senior Vice President, Operations at Microchip Technology (MCHP), had equity awards convert/vest on Feb 15–16, 2026. A total of 3,259 shares were delivered to him at a reported per-share value of $78.94 (total ≈ $257,265). To satisfy tax withholding obligations, 986 shares were surrendered (total ≈ $77,835), leaving a net receipt of 2,273 shares.
• The reported transactions are labeled as M (exercise/conversion of derivative awards) and F (payment of exercise price or tax liability via share withholding). No open-market sale or purchase was reported — disposals were solely tax withholdings.

Key Details

• Transaction dates and values: Feb 15–16, 2026; acquired 3,259 shares @ $78.94 (≈ $257,265); 986 shares withheld for taxes @ $78.94 (≈ $77,835).
• Net shares received: 2,273 shares.
• Shares owned after transaction: not specified in the provided excerpt — see the full Form 4 for total holdings.
• Footnotes: Vesting/delivery came from restricted stock units (RSUs) and earned performance stock units (PSUs). Notable items:
  • RSUs vested in full on Feb 15 and Feb 16, 2026 (footnotes F1, F3, F4).
  • Earned PSUs based on cumulative non-GAAP operating margin for measurement periods ending Dec 31, 2024 and Dec 31, 2025 vested and were delivered on Feb 15–16, 2026 (footnotes F2, F5).
• Filing: Report filed Feb 19, 2026 (reporting period includes Feb 15) — no late-filing flag indicated in the provided data.

Context

• These transactions are routine equity award vestings and PSU settlements, not open-market buys or discretionary sales. The “M” entries reflect conversion/exercise or settlement of derivative awards into shares; the “F” entries are shares surrendered to cover tax withholding (a common administrative disposition).
• For retail investors, award vestings increase insider ownership but do not necessarily signal a bullish or bearish view; they often reflect pre-existing compensation schedules and earned performance metrics.