Saria Tseng - 09 Jan 2024 Form 4 Insider Report for MONOLITHIC POWER SYSTEMS INC (MPWR)

Signature
/s/ Saria Tseng
Issuer symbol
MPWR
Transactions as of
09 Jan 2024
Net transactions value
-$834,000
Form type
4
Filing time
10 Jan 2024, 11:34:48 UTC
Previous filing
08 Jan 2024
Next filing
07 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MPWR Common Stock Sale $834,000 -1,390 -0.67% $600.00 206,180 09 Jan 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).