Form 4: Monolithic Power Systems Executive VP Sells Shares

Maurice Sciammas, Executive VP of Worldwide Sales & Marketing at Monolithic Power Systems, sold shares of the company's stock on October 7, 2024.

Summary

• On October 7, 2024, Maurice Sciammas, an Executive VP at Monolithic Power Systems (MPWR), sold a total of 14,454 shares of common stock.
• The sales were executed in multiple transactions at prices ranging from $922.72 to $935 per share.
• Following these transactions, Sciammas directly owns 103,829 shares and indirectly owns 112,963 shares through various trusts.
• The indirect holdings are spread across several family trusts, including the Sciammas Family Trust, By Sciammas Trust 2020, Various Sciammas GRATs, Maurice Sciammas Trust FBO Oski Crew, Christina Sciammas Trust FBO Oski Crew, Clement Sciammas Family 2021 Trust, Rosalind Sciammas Family 2021 Trust, Peter Rafferty and Eric Toothill 2021Trust, The Joseph Roger Sciammas 2020 Irrevocable Trust, The Chloe Liliane Sciammas 2020 Irrevocable Trust, and The Patrick Francis Sciammas 2020 Irrevocable Trust.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's future.

Industry Context

Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects. It's important to consider the context of these sales, such as the executive's overall holdings and any pre-arranged trading plans.

Stakeholder Impact

• The stock sale could have a minor impact on shareholders, potentially creating slight downward pressure on the stock price in the short term.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be negligible.

Key Dates