Microchip Technology Officer Receives Annual Equity Grants (RSUs & PSUs)

Executive Summary

On October 1, 2026, Mathew B. Bunker, Senior Corporate Vice President of Operations at Microchip Technology Inc ($MCHP), was granted equity awards totaling 3,822 derivative units. The transaction was reported on Form 4 filed with the SEC on October 5, 2026.

Transaction Details

• Restricted Stock Units (RSUs): 1,911 units granted at $0.00 per share under Transaction Code 'A'. These RSUs vest in full on November 15, 2030, subject to continued service.
• Performance Stock Units (PSUs): 1,911 target units granted at $0.00 per share under Transaction Code 'A'. Vesting is contingent upon Microchip achieving a cumulative non-GAAP operating margin target of 35.0% over a 12-quarter measurement period ending September 30, 2029, with earned shares vesting on November 15, 2030.
• Direct Common Stock Holdings: Mr. Bunker continues to hold 20,243 shares of common stock directly.

Market & Governance Impact

This filing represents a standard executive equity compensation award rather than open-market buying or selling. Because these transactions reflect scheduled incentive-based equity grants at zero cost to the recipient, they carry low trading significance for market participants.