Form 4: Monolithic Power Systems EVP Deming Xiao Sells 1,300 Shares

Deming Xiao, EVP of Global Operations at Monolithic Power Systems, sold 1,300 shares of common stock at a price of $769.4 per share on May 22, 2024.

Summary

• On May 22, 2024, Deming Xiao, the EVP of Global Operations at Monolithic Power Systems Inc. (MPWR), sold 1,300 shares of the company's common stock.
• The sale was executed at a price of $769.4 per share.
• Following the transaction, Xiao directly owns 206,418 shares of Monolithic Power Systems.
• Xiao also has indirect ownership through the Christopher Chao Xiao Trust (3,391 shares) and shares held by his spouse (455 shares).

Sentiment

Score: 5

Explanation: The document simply reports a stock sale by an executive, which is neutral in sentiment. It doesn't inherently indicate positive or negative company performance.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they don't always indicate a negative outlook.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, potentially causing a slight decrease in stock price due to increased supply, but the effect is likely minimal given the relatively small number of shares sold.

Key Dates