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

Maurice Sciammas, EVP at Monolithic Power Systems, reports a transfer of shares from a GRAT to a family trust, with no sale or exchange of funds involved.

Summary

• On May 9, 2025, Maurice Sciammas, EVP of Worldwide Sales & Marketing at Monolithic Power Systems Inc. (MPWR), filed a Form 4.
• The form details a transfer of 1,878 shares of common stock from the Siblings 2021 GRATs to the Sciammas Family Trust.
• Sciammas serves as a trustee for both the GRATs and the family trust.
• No funds were exchanged, and no sale of shares occurred during the transfer.
• Following the transaction, Sciammas indirectly owns 40,094 shares through the Sciammas Family Trust and directly owns 102,325 shares.
• Sciammas also has indirect ownership through various other trusts, including trusts for Oski Crew, Chloe Liliane Sciammas, Rosalind Sciammas, Clement Sciammas, and others.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine share transfer. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company executives.

Related Party Transactions

• The transfer of shares between the Siblings 2021 GRATs and the Sciammas Family Trust, both of which Maurice Sciammas serves as a trustee, constitutes a related party transaction.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a transfer between trusts controlled by the same individual and does not involve a sale of shares to the open market.

Key Dates

Keywords

Form 4, Beneficial Ownership, MPWR, Monolithic Power Systems, Sciammas, Share Transfer, Trust, GRAT