Microchip Technology (MCHP) COO receives stock unit grants and adjusts holdings

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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.

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