MCHP - Microchip Technology Inc
Insider Sale by Simoncic Richard J (COO)
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Trade Summary
3 days ago, Simoncic Richard J, serving as COO at Microchip Technology Inc (MCHP), sold 10,000 shares at $97.55 per share, for a total transaction value of $975,460.00. Following this transaction, Simoncic Richard J now holds 136,127 shares of MCHP.
This sale represents a 7.00% decrease in Simoncic Richard J's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Wednesday, May 13, 2026 and publicly disclosed via SEC Form 4 filing on Friday, May 15, 2026 at 4:16 PM ET, 2 days after the trade was made.
Microchip Technology Inc operates in the TECHNOLOGY sector, specifically within the SEMICONDUCTORS industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$97.55
Quantity
10,000
Total Value
$975,460.00
Shares Owned
136,127
Trade Date
3 days ago
SEC Filing Date
at 4:16 PM ET
Filed 2 days after trade
Discussion