Form 4: Monolithic Power Systems EVP Transfers Shares to Spouse

Deming Xiao, EVP of Global Operations at Monolithic Power Systems, transferred 30,291 shares of common stock to his spouse on August 19, 2024, via a gift.

Summary

• On August 19, 2024, Deming Xiao, the EVP of Global Operations at Monolithic Power Systems, transferred 30,291 shares of common stock to his spouse as a gift.
• No funds were exchanged, and no sale of shares occurred during this transfer.
• Following the transaction, Xiao directly owns 172,073 shares and indirectly owns 3,391 shares through the Christopher Chao Xiao Trust.
• His spouse now directly owns 30,746 shares.
• The ending balance includes 10 shares acquired on August 15, 2024 through the Company's qualified ESPP program.

Sentiment

Score: 5

Explanation: This is a neutral transaction (gift of shares) and doesn't indicate positive or negative sentiment towards the company's performance.

Industry Context

This Form 4 filing is a routine disclosure related to changes in beneficial ownership by a company insider. It doesn't necessarily reflect a strategic shift or significant event for Monolithic Power Systems but provides transparency into executive stock ownership.

Related Party Transactions

• The transfer of 30,291 shares from Deming Xiao to his spouse is a related-party transaction.

Stakeholder Impact

• This transaction has minimal impact on stakeholders as it is a transfer between related parties and does not involve a sale of shares to the public market.

Key Dates