Krawczyk Joseph R II 4
4 · MICROCHIP TECHNOLOGY INC · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Microchip (MCHP) Sr. VP Joseph Krawczyk Exercises RSUs, Receives 766 Shares
What Happened
- Joseph R. Krawczyk II, Senior Vice President, Worldwide Client Engagement at Microchip Technology (MCHP), had restricted stock units (RSUs) vest on Feb 15–16, 2026 and converted them into common shares. The filing reports conversion/acquisition of 1,469 shares at a reported price of $78.94 (total value ~$115,963).
- To cover tax withholding, 703 shares were withheld/disposed (reported as F) with an aggregate withholding value of ~$55,495, leaving the reporting person with a net 766 shares (1,469 acquired − 703 withheld) with an approximate net value of $60,468. These were not open-market sales but standard tax withholdings on vested awards.
Key Details
- Transaction dates/prices: conversions dated Feb 15–16, 2026 at $78.94 per share.
- Gross shares converted: 1,469; shares withheld for taxes: 703; net shares delivered to insider: 766.
- Reported dollar amounts: gross value ~$115,963; tax-withheld value ~$55,495; net value retained ~$60,468.
- Footnotes: RSU vesting schedule noted — some RSUs vested in full on Feb 15, 2026 (F2); other RSUs vest per scheduled installments and/or will vest on Feb 16, 2026 if service condition met (F1, F3). Vested shares were/will be delivered on vest.
- Filing: Reported on Feb 19, 2026 for transactions dated Feb 15–16, 2026; the filing shows the standard withholding treatment and does not indicate a late filing.
Context
- These transactions reflect vested RSUs being converted into shares with shares withheld to satisfy tax obligations (a common, routine event), not an open-market sale or a new buy signal. The entries coded M reflect conversion/exercise of a derivative (RSU/award); F entries reflect shares withheld for tax.
Insider Transaction Report
Form 4
Krawczyk Joseph R II
SR. VP, WW CLIENT ENGAGEMENT
Transactions
- Exercise/Conversion
Common Stock
2026-02-15$78.94/sh+340$26,840→ 13,121 total - Tax Payment
Common Stock
2026-02-15$78.94/sh−164$12,946→ 12,957 total - Exercise/Conversion
Common Stock
2026-02-15$78.94/sh+682$53,837→ 13,639 total - Tax Payment
Common Stock
2026-02-15$78.94/sh−329$25,971→ 13,310 total - Exercise/Conversion
Common Stock
2026-02-15$78.94/sh+362$28,576→ 13,672 total - Tax Payment
Common Stock
2026-02-15$78.94/sh−174$13,736→ 13,498 total - Exercise/Conversion
Common Stock
2026-02-16$78.94/sh+85$6,710→ 13,583 total - Tax Payment
Common Stock
2026-02-16$78.94/sh−36$2,842→ 13,547 total - Exercise/Conversion
Restricted Stock Units
[F1]2026-02-15−340→ 680 totalExercise: $78.94→ Common Stock (340 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-15−682→ 0 totalExercise: $78.94→ Common Stock (682 underlying) - Exercise/Conversion
Restricted Stock Units
[F2]2026-02-15−362→ 0 totalExercise: $78.94→ Common Stock (362 underlying) - Exercise/Conversion
Restricted Stock Units
[F3]2026-02-16−85→ 0 totalExercise: $78.94→ Common Stock (85 underlying)
Footnotes (3)
- [F1]The restricted stock units vest in nine quarterly installments of 338 shares beginning November 15, 2023, and three quarterly installments of 340 shares beginning on February 15, 2026, as long as the individual remains a service provider through the vesting date. Vested shares were delivered to the reporting person upon vest.
- [F2]The restricted stock units vested in full on February 15, 2026. Vested shares were delivered to the reporting person upon vest.
- [F3]The restricted stock units will vest in full on February 16, 2026 as long as the individual remains a service provider through the vesting date. Vested shares will be delivered to the reporting person upon vest.
Signature
Deborah L. Wussler, as Attorney-in-Fact|2026-02-19