Microchip Technology (MCHP) CEO-linked entities sell 98,814 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Microchip Technology entities associated with President, CEO and Chair of the Board Steve Sanghi sold 98,814 shares of common stock on January 28, 2026 at an average price of $80.5535 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on June 6, 2025.
After this transaction, these entities beneficially owned a total of 9,922,319 Microchip shares, including 4,016,447 shares held by The Sanghi Trust and 5,905,872 shares held by The Sanghi Family Limited Partnership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 98,814 shares ($7,959,814)
Net Sell
1 txn
Insider
Sanghi Steve
Role
President, CEO and Chair of Bd
Sold
98,814 shs ($7.96M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 98,814 | $80.5535 | $7.96M |
Holdings After Transaction:
Common Stock — 9,922,319 shares (Indirect, Shares held Indirectly, by Trust and by Family Limited Partnership.)
Footnotes (1)
- The sale(s) reported in this Form 4 was/were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 6, 2025. Of the 9,922,319 shares held, 4,016,447shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
FAQ
What insider transaction did Microchip Technology (MCHP) report for Steve Sanghi?
The filing reports that entities associated with Steve Sanghi sold 98,814 shares of Microchip common stock. The transaction occurred on January 28, 2026 and was reported as an open-market sale of non-derivative common stock on a Form 4 insider trading report.
Was the Microchip (MCHP) insider sale made under a Rule 10b5-1 plan?
Yes. The Form 4 explains that the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 6, 2025. This note appears in the footnotes to the transaction table in the filing.
What roles does Steve Sanghi hold at Microchip Technology (MCHP)?
The Form 4 identifies Steve Sanghi as a director and an officer of Microchip Technology. His officer title is listed as President, CEO and Chair of the Board, indicating multiple leadership roles at the company at the time of the reported transaction.