Form 4: Monolithic Power Systems CEO Michael Hsing Sells Shares

CEO Michael Hsing of Monolithic Power Systems sold shares of the company's common stock in a series of transactions on August 9 and August 16, 2024.

Summary

• Michael Hsing, CEO of Monolithic Power Systems, reported the sale of common stock on August 9 and August 16, 2024.
• On August 9, 2024, Hsing sold multiple blocks of shares at prices ranging from $813.23 to $840.24.
• The sales on August 9, 2024, involved transactions of 200, 65, 458, 300, 100, 100, 500, 200, 100, 500, 107, 262, 380, 391, 240, 146, and 114 shares.
• On August 16, 2024, Hsing sold 100 shares at $823.27.
• Following these transactions, Hsing directly owns 864,009 shares of Monolithic Power Systems.
• Hsing also indirectly owns 133,040 shares through the M Hsing 04 Trust and 12,825 shares through the ZH Family 2020 Trust.

Sentiment

Score: 5

Explanation: This is a neutral report of stock sales by an insider. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.

Industry Context

Insider sales are a common occurrence, and this filing provides transparency into the transactions of a key executive at Monolithic Power Systems.

Stakeholder Impact

• The stock sale could potentially influence investor sentiment, although the impact is likely to be minimal given the relatively small number of shares sold compared to the total outstanding.

Key Dates