{"schema_version":"secwatch.filing_event.v1","accession":"0000827054-24-000026","form_type":"8-K","ticker":"MCHP","cik":"0000827054","company_name":"MICROCHIP TECHNOLOGY INC","filed_at":"2024-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:27.014642+00:00","generated_at":"2026-06-06T09:34:25.293679+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Microchip cuts CEO and executive salaries by 20% effective Feb 19, 2024","bullets":["CEO Ganesh Moorthy and other NEOs (Sanghi, Simoncic, Bjornholt, Drehobl) take 20% salary cut.","Non-employee board members also receive 20% reduction in cash compensation.","Salary reductions effective February 19, 2024, as part of broader expense reduction actions.","Compensation Committee approved the cuts on February 2, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000827054-24-000026","json":"https://secwatch.observer/filing/0000827054-24-000026.json","markdown":"https://secwatch.observer/filing/0000827054-24-000026.md","text":"https://secwatch.observer/filing/0000827054-24-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/827054/000082705424000026/0000827054-24-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/827054/000082705424000026/mchp-20240202.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T09:34:25.293679+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}