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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Director — Mitch Little: Mitch Little was appointed as a new director.
in this report on Form 8-K is being furnished as contemplated by General Instruction B(2) to Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. On May 7, 2026, we announced the results of our operations for the fourth quarter and fiscal year 2026. The complete release is attached to this report as Exhibit 99.1.
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Other Events. On February 9, 2026, the Company issued a press release announcing its intention to offer, subject to market and other conditions, $600 million aggregate principal amount of the Notes in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. On February 10, 2026, the Company issued a press release annou…
Unregistered Sale of Equity Securities. The information set forth under
Entry into a Material Definitive Agreement. Purchase Agreement On February 9, 2026, Microchip Technology Incorporated (the “Company”) entered into a purchase agreement (the “Purchase Agreement”) with J.P. Morgan Securities LLC, BofA Securities, Inc. and Truist Securities, Inc., as representatives of the several initial purchasers (the “Initial Purchasers”), to issue and sell $800 million aggregate principal amount of its 0% Convertible Senior Notes due 2030 (the “Initial Notes”). In addition,…
in this report on Form 8-K is being furnished as contemplated by General Instruction B(2) to Form 8-K and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. On February 5, 2026, we announced the results of our operations for the third quarter of fiscal year 2026. The complete release is attached to this report as Exhibit 99.1.
Director — Rick Cassidy: Appointment of Rick Cassidy as a new director.
Costs Associated with Exit or Disposal Activities On March 3, 2025, Microchip Technology Incorporated (the "Company") announced additional restructuring actions to reduce costs and resize its manufacturing operations. The Company had previously announced, on December 2, 2024, that it was closing its manufacturing operations at its Tempe, Arizona wafer fabrication facility (referred to as "Fab 2"). With respect to the Fab 2 closure, the Company now expects to be able to shut down the manufactu…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 19, 2025, Robert A. Rango, a member of the Board of Directors (the "Board") of Microchip Technology Incorporated (the "Company"), retired from the Board effective as of February 19, 2025. The Company thanks Mr. Rango for his service on the Board and his contributions to the Company. SIGNATURES Pursuant to the requirements of the Securiti…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On February 4, 2025, the Board, upon recommendation from its Nominating, Governance and Sustainability Committee, appointed Victor Peng, formerly the president of Advanced Micro Devices, Inc. (AMD), as a member of the Board, effective February 10, 2025. Mr. Peng has not yet been appointed to any committee of the Board. There is no arrangement or und…
Costs Associated with Exit or Disposal Activities On December 2, 2024, Microchip Technology Incorporated (the “Company”) announced the closure of manufacturing operations at its Tempe, Arizona wafer fabrication facility (referred to as “Fab 2”). Fab 2 produces 8-inch wafers and supports various manufacturing process technologies and predominantly utilizes the Company’s 0.25 microns to 1.0 microns processes. Many of the process technologies that run in Fab 2 also run in the Company’s Oregon an…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On November 18, 2024, Microchip Technology Incorporated ("we," "our" or "Microchip") announced that Ganesh Moorthy retired as Chief Executive Officer and President and as a member of the Board of Directors of Microchip (the "Board") and the Board elected Microchip’s former Chief Executive Officer and President, Steve Sanghi, to serve as interim Chie…
Other Events On August 20, 2024, Microchip Technology Incorporated (the "Company") filed a Current Report on Form 8-K disclosing that an unauthorized party had disrupted the Company’s use of certain servers and some business operations. This filing on Form 8-K is an update to that previous filing. The Company has been processing customer orders and shipping products for over a week and a half. Operationally critical IT systems are back online, and we have substantially restored our operations…
Other Events On August 17, 2024, Microchip Technology Incorporated (the "Company") detected potentially suspicious activity involving its information technology ("IT") systems. Upon detecting the issue, the Company began taking steps to assess, contain and remediate the potentially unauthorized activity. On August 19, 2024, the Company determined that an unauthorized party disrupted the Company’s use of certain servers and some business operations. The Company promptly took additional steps t…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Appointment of Chief Operating Officer On April 1, 2024, the Board of Directors of Microchip Technology Incorporated (the “Company”), appointed Richard J. Simoncic as Chief Operating Officer of the Company. In this position, Mr. Simoncic will report to Ganesh Moorthy, the President and Chief Executive Officer of the Company. Mr. Simoncic, age 60, ha…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers In connection with other expense reduction actions being taken by the management team of Microchip Technology Incorporated (“Microchip”), on February 2, 2024, the Compensation Committee of Microchip’s Board of Directors (the “Compensation Committee”) approved a 20% salary reduction for Microchip’s Chief Executive Officer and President (Ganesh Moorth…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On January 19, 2024, the Board of Directors (the “Board”) of Microchip Technology Incorporated (the “Company”), upon recommendation from its Nominating, Governance and Sustainability Committee, appointed Ellen Barker, formerly the Senior Vice President and Chief Information Officer of Texas Instruments (TI), as a member of the Board, effective Febru…
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant The information set forth in
Entry into a Material Definitive Agreement On August 31, 2023 (the " Effective Date "), Microchip Technology Incorporated, a Delaware corporation (the " Company "), entered into a First Incremental Term Loan Amendment (the " Amendment "), by and among the Company, the subsidiaries of the Company party thereto, the lenders party thereto and JPMorgan Chase Bank, N.A., as administrative agent (the " Administrative Agent "). The Amendment amends the Amended and Restated Credit Agreement, dated as…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 27, 2023, Esther L. Johnson, a member of the Board of Directors (the “Board”) of Microchip Technology Incorporated (the “Company”), retired from the Board effective as of the date of the Company’s annual meeting of stockholders to be held on August 22, 2023. The Company thanks Ms. Johnson for her years of service on the Board and her contri…
Other Events On May 10, 2023, Microchip Technology Incorporated, a Delaware corporation (“Microchip” or the “Company”), entered into separate privately negotiated agreements with certain holders of the Company’s 1.625% Convertible Senior Subordinated Notes due 2025 (the “2025 Notes”), 1.625% Convertible Senior Subordinated Notes due 2027 (the “2027 Notes”) and 2.250% Convertible Junior Subordinated Notes due 2037 (the “2037 Notes”), pursuant to which the Company will pay (i) approximately $19…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On December 16, 2022, the Board of Directors (the “Board) of Microchip Technology Incorporated (the “Company”), upon recommendation from its Nominating, Governance and Sustainability Committee, appointed Robert Rango, formerly the President and Chief Executive Officer of Enevate Corporation and Executive Vice President of Broadcom’s Mobile and Wire…
Unregistered Sales of Equity Securities. On February 15, 2022, Microchip Technology Incorporated (the “Company,” “Microchip,” “we,” “us” or “our”) entered into separate privately-negotiated exchange agreements (the “Exchange Agreements”) with certain holders of its outstanding 1.625% Convertible Senior Subordinated Notes due 2027 (the “2027 Notes”), pursuant to which Microchip will deliver and pay an aggregate of (a) approximately 1.1 million shares of Microchip’s common stock, par value $0.0…
Unregistered Sales of Equity Securities. On December 8, 2021, Microchip Technology Incorporated (the “Company,” “Microchip,” “we,” “us” or “our”) entered into separate privately-negotiated exchange agreements (the “Exchange Agreements”) with certain holders of its outstanding 1.625% Convertible Senior Subordinated Notes due 2025 (the “2025 Notes”), 1.625% Convertible Senior Subordinated Notes due 2027 (the “2027 Notes”) and 2.250% Convertible Junior Subordinated Notes due 2037 (the “2037 Note…
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