Simoncic Richard J

Simoncic Richard J, chief operating officer, has filed 118 Form 4 transactions across two companies, with a clear sell-side bias. His total open-market sales reached $1,937,999.55, while he recorded zero open-market purchases. The only acquisition value, $59,275.13, came from option exercises and grants, which are compensation mechanics rather than discretionary buys. The recent activity centers on Microchip Technology (MCHP). In June 2026, Simoncic sold $487,575 worth of shares on June 4 and another $467,175 on May 22. A smaller sale of $7,789.55 occurred on May 15. Those three open-market sales total roughly $962,540. The remaining recent filings are automatic: "F" codes for tax withholding on share vesting, "M" codes for option exercises, and "A" codes for zero-value grants on July 1, 2026. The pattern shows no conviction buying. Every discretionary transaction is a sale, and the non-discretionary items are standard compensation processing. The August 2026 filings, all "F" and "M" codes, involved option exercises paired with immediate tax withholding, which typically nets no cash inflow. Simoncic's direction over the past four months is consistently toward reducing his MCHP position, with the largest single disposal being the June 4 sale.