Form 4: Monolithic Power Systems Director James C. Moyer Gifts Shares to Charity
SEC Form 4
Director James C. Moyer reports gifting 11,731 shares of Monolithic Power Systems (MPWR) common stock to the Moyer Family Community Impact organization on August 29, 2024.
Summary
- On August 29, 2024, James C. Moyer, a director of Monolithic Power Systems Inc. (MPWR), gifted 11,731 shares of common stock to the Moyer Family Community Impact 501(c)(4) organization.
- The transfer was a gift, and no consideration was received by the reporting person's trust.
- Following the transaction, Moyer directly owns 348 shares and indirectly owns 8,384 shares through JCM Management Trust, 4,000 shares through William Moyer Erin Noland JTWROS, and 3,450 shares through Fig Place Trust 2023.
Sentiment
Score: 6
Explanation: The document is a neutral regulatory filing. The gift to charity is a slightly positive event.
Positives
- The gift to a charitable organization could be viewed positively from a public relations standpoint.
Industry Context
This is a routine disclosure of insider transactions. Gifts of shares are not uncommon.
Stakeholder Impact
- The gift of shares has a minor positive impact on the Moyer Family Community Impact organization.
Key Dates
| Date | Description |
|---|---|
| 08/29/2024 | Date of the transaction (gift of shares) |
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