Form 4: Monolithic Power Systems EVP and CFO Theodore Blegen Sells Shares

Theodore Blegen, EVP and CFO of Monolithic Power Systems, sold shares of the company's stock on November 1, 2024.

Summary

• Theodore Blegen, the EVP and CFO of Monolithic Power Systems, sold a total of 2,721 shares of common stock on November 1, 2024.
• The sales were executed in multiple transactions at prices ranging from $764.54 to $779.79 per share.
• Following these transactions, Blegen directly owns 56,678 shares of Monolithic Power Systems.
• Blegen also indirectly owns 5,331 shares through an Irrevocable Trust FBO Sarah N. Blegen and another 5,331 shares through an Irrevocable Trust FBO Theodore F. 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

Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The stock sale by a high-ranking executive could be perceived negatively by some shareholders, although it is a common practice and doesn't necessarily indicate a lack of confidence in the company.

Key Dates