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Microchip Technology (MCHP) COO receives stock unit grants and adjusts holdings
Microchip Technology’s COO, Richard J. Simoncic, reported new equity awards, including restricted stock units (RSUs) and performance stock units (PSUs), along with a correction to his beneficial ownership. The RSU and PSU grants, made on April 1, 2026, are subject to various vesting schedules and performance targets related to non-GAAP operating margins. Additionally, the filing noted a bona fide gift of 1,075 common shares on May 15, 2024, and adjusted his indirect beneficial ownership to 146,127 common shares.