Sanghi Steve, President, CEO and Chair of the Board at Microchip Technology (MCHP), has filed 97 Form 4 transactions across three companies, with a clear sell-side bias. His open-market sales total $67.77 million, while his open-market purchases total zero. The only recent open-market sale came on May 1, 2026, when he sold MCHP shares worth $7.16 million. That transaction is the sole "S" code in his recent activity, and it stands apart from the mechanical and compensation-based filings that dominate his pattern.
The bulk of his recent filings are option exercises (code M) paired with tax-withholding dispositions (code F), which are automatic and not discretionary. On August 17, 2026, he exercised options valued at $494,160.82 and $563,425.20, with corresponding F-code withholdings of $204,341.96 and $232,994.78. Similar paired M and F transactions occurred on August 15, 2026, May 15, 2026, and May 7, 2026, the latter involving Intel (INTC). He also received zero-value grants (code A) from MCHP, INTC, and Impinj (PI) throughout 2026. The May 1 sale is the only open-market disposition in the recent window, and it is the largest single transaction by value in that set.
Across all 97 filings, the pattern is consistent: compensation through grants and option exercises, automatic share withholdings for taxes, and periodic open-market sales. There are no open-market purchases at any point in the data, and the total acquired value of $42,459.97 is negligible compared to the $67.77 million sold. The direction is uniformly toward reducing his direct holdings, with the most recent discretionary action being the May 1 MCHP sale.
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