Monolithic Power Systems (MPWR) grants 1,359-share award to interim CFO
Rhea-AI Filing Summary
DEAN ROBERT W II reported acquisition or exercise transactions in this Form 4 filing.
Monolithic Power Systems interim CFO Robert W. Dean II reported an equity award of 1,359 shares of common stock linked to market-based restricted stock units granted in 2023. The Compensation Committee certified achievement of the three-year performance goals on July 25, 2026, and the shares will vest in three equal annual installments from July 25, 2027 through July 25, 2029. Following this grant, Dean beneficially owns 7,237 shares directly and 65 shares indirectly held by a Parent & Daughter account.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,359 shares
Net Buy
2 txns
Insider
DEAN ROBERT W II
Role
Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,359 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,237 shares (Direct);
Common Stock — 65 shares (Indirect, Held by Parent & Daughter)
Footnotes (1)
- F1. On July 25, 2023, the reporting person was granted market-based restricted stock units ("MSUs") subject to the achievement of stock price targets and relative total stockholder return percentile rank over a three-year performance period. On July 25, 2026, the Company's Compensation Committee of the Board of Directors certified and approved the achievement of the performance conditions for the MSUs, which resulted in an award of 1,359 shares to the reporting person. 1/3 of the shares will vest on July 25, 2027, 1/3 of the shares will vest on July 25, 2028, and 1/3 of the shares will vest on July 25, 2029, pursuant to the grant agreement.
Key Figures
Equity award: 1,359 shares of Common Stock
Direct holdings after award: 7,237 shares
Indirect holdings: 65 shares
+3 more
6 metrics
Equity award
1,359 shares of Common Stock
Awarded upon certification of MSU performance conditions on July 25, 2026
Direct holdings after award
7,237 shares
Common Stock beneficially owned directly by the interim CFO following the reported transaction
Indirect holdings
65 shares
Common Stock held indirectly in an account described as Held by Parent & Daughter
Grant date of MSUs
July 25, 2023
Original grant date of market-based restricted stock units that produced the 1,359-share award
Performance certification date
July 25, 2026
Date the Compensation Committee certified achievement of MSU performance conditions
Vesting period
July 25, 2027–July 25, 2029
One-third of the awarded shares vest on each of these three annual dates
Key Terms
market-based restricted stock units, relative total stockholder return percentile rank, performance period
3 terms
market-based restricted stock units financial
"the reporting person was granted market-based restricted stock units ("MSUs")"
relative total stockholder return percentile rank financial
"subject to the achievement of stock price targets and relative total stockholder return"
performance period financial
"over a three-year performance period. On July 25, 2026, the Company's Compensation Committee"
The performance period is the specific time span over which an investment’s results, an employee’s targets, or a fund’s returns are measured and judged. It matters to investors because the length and start/end of that window determine which gains or losses count toward performance fees, bonus payouts, or benchmark comparisons—much like timing a race decides who wins, the chosen period can change whether results look strong or weak.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MPWR interim CFO Robert W. Dean II report in this Form 4?
Interim CFO Robert W. Dean II reported an equity award of 1,359 shares of Monolithic Power Systems common stock. The award stems from market-based restricted stock units whose three-year performance goals were certified on July 25, 2026, and will vest over three future years.
Was the MPWR Form 4 transaction reported under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox was not selected, meaning the MSU-related stock award was not reported as executed under a pre-arranged trading plan. It reflects certification of prior performance conditions and the resulting stock grant.