Form 4: Monolithic Power Systems Director Victor K. Lee Sells 1,000 Shares
SEC Form 4 Filing
Director Victor K. Lee of Monolithic Power Systems sold 1,000 shares of common stock on June 28, 2024, at a price of $820.46 per share.
Summary
- On June 28, 2024, Victor K. Lee, a director of Monolithic Power Systems Inc. (MPWR), sold 1,000 shares of the company's common stock.
- The transaction was executed at a price of $820.46 per share.
- Following the transaction, Mr. Lee directly owns 29,232 shares of Monolithic Power Systems Inc.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment, but rather reports a factual event.
Industry Context
This is a routine disclosure of insider trading activity. It is important to monitor insider transactions as they can provide insights into management's perspective on the company's valuation and future prospects. However, single transactions are not necessarily indicative of a trend.
Stakeholder Impact
- The sale of shares by a director could be perceived negatively by some shareholders, although the impact is likely minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 06/28/2024 | Date of transaction: Victor K. Lee sold 1,000 shares of common stock. |
| 07/01/2024 | Date of signature by attorney-in-fact. |
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