MCHP: SVP Operations Bunker sold 10,571 shares at $96.88; holds 14,587 post-sale amid -42.4% annual revenue decline
Bunker Mathew B, Senior VP Operations, sold 10,571 shares (42.0% of his pre-transaction holdings) at $96.88 on 2026-05-13 for $1,024,155.48. The sale occurs against a backdrop of severe business deterioration: annual revenue declined 42.4% year-over-year, and Microchip Technology was unprofitable over its most recent full fiscal year. The current stock price of $93.85 is 11.4% below the 52-week high of $105.91, suggesting the company has already faced significant valuation pressure. While the 30-day change of +26.0% indicates recent recovery momentum, the fundamental revenue contraction and full-year loss signal material operational challenges that warrant investor attention to upcoming guidance and turnaround progress.