MICROCHIP TECHNOLOGY INC — Form 8-K

Microchip restated its 2004 Equity Incentive Plan effective August 18, 2026. The plan authorizes 84,389,717 shares for issuance via options, restricted stock, SARs, performance shares, performance units, and deferred stock units. Key changes include: annual option/SAR limit of 3M shares per participant (8M in first fiscal year); restricted stock and performance share limit of 600K shares annually (1.5M in first year); performance unit limit of $1.5M annual value ($4M in first year); minimum 1-year vesting requirement with exceptions for up to 5% of reserved shares; non-employee directors receive automatic annual RSU grants of $200K value; full vesting upon death; and clawback provisions per regulatory requirements. The plan terminates August 24, 2031 unless sooner terminated.