Bunker Mathew B 4

4 · MICROCHIP TECHNOLOGY INC · Filed May 19, 2026

AI-generated summary of this filing

Updated May 19, 2026

Microchip (MCHP) SVP Mathew Bunker Exercises/Receives Vested Awards

What Happened

Mathew Bunker, Senior Vice President, Operations at Microchip Technology (MCHP), had equity awards vest on May 15, 2026. A series of derivative-conversion/vesting transactions resulted in 3,656 shares delivered (reported at $93.85/share; total value ≈ $343,116).
To cover tax withholding obligations, 1,021 of those shares were withheld (reported as dispositions for tax at $93.85/share; total value ≈ $95,821). Net shares retained by Bunker after withholding: 2,635 shares (net value ≈ $247,295).
These transactions reflect vesting/delivery of restricted stock units (RSUs) and earned performance stock units (PSUs), not open-market purchases or voluntary sales.

Key Details

Transaction date: May 15, 2026; Form filed May 19, 2026.
Prices reported: $93.85 per share for valuation and tax-withholding calculations; some derivative-conversion lines show $0.00 reflecting cancellation/conversion of the award instruments upon vesting.
Shares delivered (vested): 3,656 shares (aggregate value ≈ $343,116).
Shares withheld for taxes: 1,021 shares (aggregate value ≈ $95,821).
Net shares retained: 2,635 shares (approx. $247,295).
Footnotes: F1–F3 indicate RSU vesting schedules and that PSUs vested based on performance measurement (earned PSUs vested on May 15, 2026). F lines denote shares withheld to satisfy tax liability.
Filing timeliness: Form filed 4 days after the transaction date (filed 5/19/2026 reporting 5/15/2026). The filing itself does not include a separate timeliness flag in this summary.

Context

These were vesting/conversion events (code M) and tax withholding (code F), not market buys or voluntary sales. Vesting and withholding are routine compensation events and do not by themselves indicate an active buy or sell decision by the insider.
The $0.00 disposal entries reflect the cancellation/conversion of the derivative awards when shares were delivered.

Form 4

Period: 2026-05-15

SENIOR VP, OPERATIONS

Transactions

Exercise/Conversion
Common Stock
2026-05-15$93.85/sh+870$81,650→ 15,457 total
Tax Payment
Common Stock
2026-05-15$93.85/sh−243$22,806→ 15,214 total
Exercise/Conversion
Common Stock
2026-05-15$93.85/sh+1,037$97,322→ 16,251 total
Tax Payment
Common Stock
2026-05-15$93.85/sh−289$27,123→ 15,962 total
Exercise/Conversion
Common Stock
2026-05-15$93.85/sh+1,236$115,999→ 17,198 total
Tax Payment
Common Stock
2026-05-15$93.85/sh−345$32,378→ 16,853 total
Exercise/Conversion
Common Stock
2026-05-15$93.85/sh+160$15,016→ 17,013 total
Tax Payment
Common Stock
2026-05-15$93.85/sh−45$4,223→ 16,968 total
Exercise/Conversion
Common Stock
2026-05-15$93.85/sh+353$33,129→ 17,321 total
Tax Payment
Common Stock
2026-05-15$93.85/sh−99$9,291→ 17,222 total
Exercise/Conversion
Restricted Stock Units
[F1]
2026-05-15−870→ 870 total
Exercise: $93.85→ Common Stock (870 underlying)
Exercise/Conversion
Restricted Stock Units
[F2]
2026-05-15−1,037→ 0 total
Exercise: $93.85→ Common Stock (1,037 underlying)
Exercise/Conversion
Performance Stock Units
[F3]
2026-05-15−1,236→ 0 total
Exercise: $93.85→ Common Stock (1,236 underlying)
Exercise/Conversion
Restricted Stock Units
[F2]
2026-05-15−160→ 0 total
Exercise: $93.85→ Common Stock (160 underlying)
Exercise/Conversion
Restricted Stock Units
[F2]
2026-05-15−353→ 0 total
Exercise: $93.85→ Common Stock (353 underlying)

Footnotes (3)

[F1]The restricted stock units vest in four quarterly installments of 868 shares beginning November 15, 2023, and eight quarterly installments of 870 shares beginning on November 15, 2024. Vested shares were delivered to the reporting person upon vest.
[F2]The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
[F3]Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending March 31, 2025. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs vested on May 15, 2026. Vested shares were delivered to the reporting person upon vest.

Signature

Deborah L. Wussler, as Attorney-in-Fact|2026-05-19

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