Bunker Mathew B 4

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.