Form 4: Monolithic Power Systems CFO Theodore Blegen Sells Shares

Theodore Blegen, CFO of Monolithic Power Systems, executed multiple sales of company stock on March 1, 2024, under a prearranged 10b5-1 trading plan.

Summary

• Theodore Blegen, CFO of Monolithic Power Systems, sold a total of 2,340 shares of common stock on March 1, 2024.
• The sales were executed at various prices ranging from $718.35 to $733.37 per share.
• The transactions were made under a pre-arranged trading plan pursuant to Rule 10b5-1(c).
• Following the reported transactions, Blegen directly owns 80,723 shares of Monolithic Power Systems stock.
• Blegen also indirectly owns 5,331 shares through an Irrevocable Trust FBO Theodore F. Blegen and 5,331 shares through an Irrevocable Trust FBO Sarah N. Blegen.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions and provides transparency to the market regarding the trading activities of company executives.

Stakeholder Impact

• The stock sales could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.

Key Dates