Krawczyk Joseph R II 4

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.