Form 4: Monolithic Power Systems Executive Transfers Shares to Family Trust

Maurice Sciammas, EVP at Monolithic Power Systems, reports the transfer of shares to a family trust, with no sale of shares involved.

Summary

• On February 11, 2025, Maurice Sciammas, EVP of Worldwide Sales & Marketing at Monolithic Power Systems Inc. (MPWR), engaged in transactions involving the company's common stock.
• Sciammas transferred 2,525 shares from a Maurice Sciammas GRAT for Oski Crew to the Sciammas Family Trust, where he serves as trustee.
• An additional 2,525 shares were transferred from a Christina Sciammas GRAT for Oski Crew to the Sciammas Family Trust, with Sciammas also acting as trustee.
• The Sciammas Family Trust received a total of 5,050 shares from these GRATs.
• No funds were exchanged, and no sale of shares occurred during these transfers.
• Following these transactions, Sciammas directly owns 102,301 shares of common stock.
• Sciammas also indirectly owns shares through various trusts, including The Chloe Liliane Sciammas 2020 Irrevocable Trust (1,699 shares), Rosalind Sciammas Family 2021 Trust (2,000 shares), Clement Sciammas Family 2021 Trust (5,000 shares), The Patrick Francis Sciammas 2020 Irrevocable Trust (1,699 shares), Peter Rafferty and Eric Toothill 2021Trust (2,000 shares), Various Sciammas GRATs (20,206 shares), The Joseph Roger Sciammas 2020 Irrevocable Trust (1,699 shares), and By Sciammas Trust 2020 (16,015 shares).

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Positives

• The document does not explicitly contain any positive information.

Negatives

• The document does not explicitly contain any negative information.

Risks

• The document does not explicitly contain any risks.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a transfer of shares for estate planning purposes, which is a common practice.

Related Party Transactions

• The transfer of shares to the Sciammas Family Trust, where Maurice Sciammas is a trustee, constitutes a related party transaction.

Stakeholder Impact

• The transfer of shares is unlikely to have a significant impact on stakeholders as it does not involve a sale of shares or a change in company operations.

Key Dates

Keywords

Monolithic Power Systems, MPWR, Sciammas, share transfer, family trust, GRAT, beneficial ownership, Form 4