Microchip (NASDAQ: MCHP) SVP exercises stock units, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Microchip Technology senior vice president Joseph R. Krawczyk II reported multiple stock-based compensation transactions involving restricted stock units and common shares. On February 15, 2026 and February 16, 2026, several restricted stock unit awards vested and were converted into shares of common stock at a reference price of $78.94 per share for the common stock entries.
Some of the newly delivered shares were automatically disposed of under transaction code F, which indicates shares were withheld to pay taxes or exercise-related obligations, rather than sold in an open-market trade. After these transactions, Krawczyk directly held 13,547 shares of Microchip Technology common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,469 shares exercised/converted
Mixed
12 txns
Insider
Krawczyk Joseph R II
Role
SR. VP, WW CLIENT ENGAGEMENT
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 85 | $0.00 | -- |
| Exercise | Common Stock | 85 | $78.94 | $7K |
| Tax Withholding | Common Stock | 36 | $78.94 | $3K |
| Exercise | Restricted Stock Units | 340 | $0.00 | -- |
| Exercise | Restricted Stock Units | 682 | $0.00 | -- |
| Exercise | Restricted Stock Units | 362 | $0.00 | -- |
| Exercise | Common Stock | 340 | $78.94 | $27K |
| Tax Withholding | Common Stock | 164 | $78.94 | $13K |
| Exercise | Common Stock | 682 | $78.94 | $54K |
| Tax Withholding | Common Stock | 329 | $78.94 | $26K |
| Exercise | Common Stock | 362 | $78.94 | $29K |
| Tax Withholding | Common Stock | 174 | $78.94 | $14K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 13,583 shares (Direct)
Footnotes (1)
- 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. The restricted stock units vested in full on February 15, 2026. Vested shares were delivered to the reporting person upon vest. 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.
FAQ
What did Microchip Technology (MCHP) executive Joseph Krawczyk report in this Form 4?
Joseph R. Krawczyk II reported vested restricted stock units converting into Microchip Technology common stock, plus related share dispositions for tax withholding. These are compensation-linked transactions, not open-market purchases or sales, and reflect the scheduled vesting of prior equity awards.
Did the Microchip (MCHP) Form 4 show insider buying or selling of common stock?
The Form 4 shows stock received from restricted stock unit vesting and shares disposed under code F for tax or exercise obligations. It does not report open-market buying or selling; activity is tied to equity award vesting and associated tax withholding.
What do the M and F transaction codes mean in the Microchip (MCHP) Form 4?
Code M represents the exercise or conversion of derivative securities, here restricted stock units converting into common stock. Code F indicates shares delivered to cover the exercise price or tax liabilities, meaning shares were withheld rather than sold on the open market.
How are Microchip (MCHP) restricted stock units vesting for Joseph Krawczyk?
One grant vests in nine quarterly installments of 338 units starting November 15, 2023, and three quarterly installments of 340 units starting February 15, 2026. Other grants vest in full on specified February 2026 dates, with shares delivered upon each vesting event.