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

Theodore Blegen, EVP and CFO of Monolithic Power Systems, executed multiple sales of company stock on May 1, 2024, at prices ranging from $658.90 to $670.08.

Summary

• On May 1, 2024, Theodore Blegen, the EVP and CFO of Monolithic Power Systems, sold shares of the company's common stock.
• The sales were executed at various prices, ranging from $658.90 to $670.08 per share.
• A total of 2,539 shares were sold in multiple transactions.
• Following these transactions, Blegen directly owns 75,723 shares of Monolithic Power Systems common 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. The sentiment is neither particularly positive nor negative without further context.

Industry Context

Insider sales are a common occurrence, and the market typically interprets them in the context of the individual's overall holdings and the company's performance. Significant insider selling can sometimes be viewed negatively, but routine sales by executives are often expected as part of their compensation or personal financial planning.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.

Key Dates