Microchip (MCHP) Sr. VP Mathew Bunker Receives 280 RSU Award

What Happened

• Mathew Bunker, Senior Corporate Vice President, Operations at Microchip Technology (MCHP), received an award of 280 restricted stock units (RSUs) on August 7, 2026. The grant is recorded at $0.00 per unit (no cash exchanged at grant); total immediate cash value shown as $0 since these are contingent derivative awards.
• These RSUs represent a contingent right to receive one share of Microchip common stock per unit upon vesting.

Key Details

• Transaction type: Grant/Award (code A); derivative security (restricted stock units).
• Transaction date: August 7, 2026. Form 4 filed August 11, 2026 (Accession 0002035446-26-000022).
• Units granted: 280 RSUs; grant price reported as $0.00 (standard for RSU awards).
• Vesting: All 280 RSUs vest in full on August 15, 2027, subject to continued service through the vesting date (footnotes F1–F2). Vested shares will be delivered upon vesting.
• Shares owned after transaction: Not specified in this filing.
• No sale or purchase occurred — this is a time-vesting award, not an open-market trade.

Context

• RSU grants are common compensation; they do not convey stock ownership until the units vest and shares are delivered. Because no shares were sold or bought, this filing does not directly indicate buying or selling sentiment.
• Retail investors typically view purchases differently than grants; grants primarily reflect compensation decisions and retention incentives rather than immediate insider buying.