James Eric Bjornholt - 25 Nov 2024 Form 4 Insider Report for MICROCHIP TECHNOLOGY INC (MCHP)

Signature
Deborah L. Wussler, as Attorney-in-Fact
Issuer symbol
MCHP
Transactions as of
25 Nov 2024
Transactions value $
-$317,612
Form type
4
Date filed
26 Nov 2024, 17:18
Previous filing
19 Nov 2024
Next filing
06 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MCHP Common Stock Sale -$318K -4.69K -12.35% $67.75 33.3K 25 Nov 2024 Shares held Indirectly, by Trust. F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 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 November 29, 2023.