=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-15
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: MICROCHIP TECHNOLOGY INC (MCHP)
CIK: 0000827054
--- Reporting Owner ---
Name: Sanghi Steve
CIK: 0001181928
Role: Director, Officer (President, CEO and Chair of Bd)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Stock
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: +5,329 | Price: $93.85
Total Value: $500,126.65
Shares Owned After: 9,391,163 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F1] Of the 9,391,163 shares held, 3,485,291 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F1] Of the 9,391,163 shares held, 3,485,291 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #2]
Security: Common Stock
Date: 2026-05-15 | Code: F (Payment of exercise/tax)
Shares: -2,204 | Price: $93.85
Total Value: $206,845.40
Shares Owned After: 9,388,959 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F2] Of the 9,388,959 shares held, 3,483,087 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F2] Of the 9,388,959 shares held, 3,483,087 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #3]
Security: Common Stock
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: +6,356 | Price: $93.85
Total Value: $596,510.60
Shares Owned After: 9,395,315 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F3] Of the 9,395,315 shares held, 3,489,443 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F3] Of the 9,395,315 shares held, 3,489,443 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #4]
Security: Common Stock
Date: 2026-05-15 | Code: F (Payment of exercise/tax)
Shares: -2,629 | Price: $93.85
Total Value: $246,731.65
Shares Owned After: 9,392,686 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F4] Of the 9,392,686 shares held, 3,486,814 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F4] Of the 9,392,686 shares held, 3,486,814 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #5]
Security: Common Stock
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: +196 | Price: $93.85
Total Value: $18,394.60
Shares Owned After: 9,392,882 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F5] Of the 9,392,882 shares held, 3,487,010 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F5] Of the 9,392,882 shares held, 3,487,010 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #6]
Security: Common Stock
Date: 2026-05-15 | Code: F (Payment of exercise/tax)
Shares: -82 | Price: $93.85
Total Value: $7,695.70
Shares Owned After: 9,392,800 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F6] Of the 9,392,800 shares held, 3,486,928 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F6] Of the 9,392,800 shares held, 3,486,928 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #7]
Security: Common Stock
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: +28,853 | Price: $93.85
Total Value: $2,707,854.05
Shares Owned After: 9,421,653 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F7] Of the 9,421,653 shares held, 3,515,781 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F7] Of the 9,421,653 shares held, 3,515,781 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #8]
Security: Common Stock
Date: 2026-05-15 | Code: F (Payment of exercise/tax)
Shares: -11,931 | Price: $93.85
Total Value: $1,119,724.35
Shares Owned After: 9,409,722 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F8] Of the 9,409,722 shares held, 3,503,850 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F8] Of the 9,409,722 shares held, 3,503,850 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #9]
Security: Common Stock
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: +1,169 | Price: $93.85
Total Value: $109,710.65
Shares Owned After: 9,410,891 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F9] Of the 9,410,891 shares held, 3,505.019 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F9] Of the 9,410,891 shares held, 3,505.019 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[Transaction #10]
Security: Common Stock
Date: 2026-05-15 | Code: F (Payment of exercise/tax)
Shares: -484 | Price: $93.85
Total Value: $45,423.40
Shares Owned After: 9,410,407 | Ownership: I (Indirect) | Nature: Shares held Indirectly, by Trust and by Family Limited Partnership.
Footnotes:
[F10] Of the 9,410,407 shares held, 3,504,535 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
[F10] Of the 9,410,407 shares held, 3,504,535 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
--- Derivative Transactions ---
[Transaction #1]
Security: Restricted Stock Units
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: -5,329 | Price: $0.00
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F11] The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
[F11] The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
[Transaction #2]
Security: Performance Stock Units
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: -6,356 | Price: $0.00
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F12] Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending March 31, 2025. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs vested on May 15, 2026 Vested shares were delivered to the reporting person upon vest.
[F12] Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending March 31, 2025. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs vested on May 15, 2026 Vested shares were delivered to the reporting person upon vest.
[Transaction #3]
Security: Restricted Stock Units
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: -196 | Price: $0.00
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F11] The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
[F11] The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
[Transaction #4]
Security: Restricted Stock Units
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: -28,853 | Price: $0.00
Shares Owned After: 86,561 | Ownership: D (Direct)
Footnotes:
[F13] The restricted stock units will vest in two equal quarterly installments of 28,853 shares on May 15, 2026 and August 15, 2026, and two equal quarterly installments of 28,854 shares on November 15, 2026 and February 15, 2027, as long as the individual remains a service provider through the vesting date(s). Vested shares were delivered to the Reporting Person upon vest.
[F13] The restricted stock units will vest in two equal quarterly installments of 28,853 shares on May 15, 2026 and August 15, 2026, and two equal quarterly installments of 28,854 shares on November 15, 2026 and February 15, 2027, as long as the individual remains a service provider through the vesting date(s). Vested shares were delivered to the Reporting Person upon vest.
[Transaction #5]
Security: Restricted Stock Units
Date: 2026-05-15 | Code: M (Exercise of derivative)
Shares: -1,169 | Price: $0.00
Shares Owned After: 0 | Ownership: D (Direct)
Footnotes:
[F11] The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
[F11] The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
--- Footnotes (Complete Index) ---
F1: Of the 9,391,163 shares held, 3,485,291 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F10: Of the 9,410,407 shares held, 3,504,535 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F11: The restricted stock units vested in full on May 15, 2026. Vested shares were delivered to the reporting person upon vest.
F12: Each Performance Stock Unit (PSU) granted under the Microchip Technology Incorporated (Microchip) 2004 Equity Incentive Plan represents a contingent right to receive shares of Microchip common stock based on Microchip's cumulative non-GAAP operating margin over a period of 12 quarters ending March 31, 2025. The target number of PSU shares that may be earned is reported in the table above and is based on Microchip achieving a cumulative non-GAAP operating margin of 40.0% over the 12 quarter measurement period. The actual number of shares that may be earned can be higher or lower than the target depending on Microchip's non-GAAP operating margin over the measurement period. Earned PSUs vested on May 15, 2026 Vested shares were delivered to the reporting person upon vest.
F13: The restricted stock units will vest in two equal quarterly installments of 28,853 shares on May 15, 2026 and August 15, 2026, and two equal quarterly installments of 28,854 shares on November 15, 2026 and February 15, 2027, as long as the individual remains a service provider through the vesting date(s). Vested shares were delivered to the Reporting Person upon vest.
F2: Of the 9,388,959 shares held, 3,483,087 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F3: Of the 9,395,315 shares held, 3,489,443 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F4: Of the 9,392,686 shares held, 3,486,814 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F5: Of the 9,392,882 shares held, 3,487,010 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F6: Of the 9,392,800 shares held, 3,486,928 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F7: Of the 9,421,653 shares held, 3,515,781 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F8: Of the 9,409,722 shares held, 3,503,850 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
F9: Of the 9,410,891 shares held, 3,505.019 shares were held by The Sanghi Trust; and 5,905,872 shares were held by The Sanghi Family Limited Partnership.
--- Signature ---
/s/ Deborah L. Wussler, as Attorney-in-Fact (2026-05-19)
