Monolithic Power EVP gifts 25,000 company shares
Maurice Sciammas, EVP, WW Sales & Marketing of Monolithic Power Systems, reported an internal bona fide gift of 25,000 shares of common stock on 2026-08-04, moving them from direct ownership to two GRATs where he serves as trustee.
Rhea-AI Filing Summary
Maurice Sciammas, EVP, WW Sales & Marketing of Monolithic Power Systems, reported an internal bona fide gift of 25,000 shares of common stock on 2026-08-04, moving them from direct ownership to two GRATs where he serves as trustee. No funds were exchanged and no sale occurred. Following the transfer he holds 126,644 shares directly and 36,062 shares indirectly through the GRATs, in addition to other indirect family trust holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,000 shares gifted
Gift
12 txns
Insider
Sciammas Maurice
Role
EVP, WW Sales & Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 25,000 | $0.00 | $0.00 |
| Gift | Common Stock F2 | 25,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 126,644 shares (Direct);
Common Stock — 36,062 shares (Indirect, Various Sciammas GRATs);
Common Stock — 1,699 shares (Indirect, The Joseph Roger Sciammas 2020 Irrevocable Trust);
Common Stock — 2,000 shares (Indirect, Rosalind Sciammas Family 2021 Trust);
Common Stock — 919 shares (Indirect, Rosalind Sciammas Brokerage Account);
Common Stock — 52,586 shares (Indirect, Sciammas Family Trust);
Common Stock — 1,699 shares (Indirect, The Patrick Francis Sciammas 2020 Irrevocable Trust);
Common Stock — 4,015 shares (Indirect, By Sciammas Trust 2020);
Common Stock — 1,000 shares (Indirect, Peter Rafferty and Eric Toothill 2021Trust);
Common Stock — 1,699 shares (Indirect, The Chloe Liliane Sciammas 2020 Irrevocable Trust);
Common Stock — 1,119 shares (Indirect, Clement Sciammas Trust);
Common Stock — 5,000 shares (Indirect, Clement Sciammas Family 2021 Trust)
Footnotes (2)
- F1. 25,000 shares were transferred from the reporting person's direct holdings to two GRATs, of which the reporting person is a trustee. No funds were exchanged and no sale of shares occurred in the transfer.
- F2. 25,000 shares were received by two GRATs, of which the reporting person is a trustee, from the reporting person's direct holdings. No funds were exchanged and no sale of shares occurred in the transfer.
Key Figures
Shares transferred: 25,000 shares
Direct holdings after transfer: 126,644 shares
GRAT holdings after transfer: 36,062 shares
+2 more
5 metrics
Shares transferred
25,000 shares
Bona fide gift from direct holdings to two GRATs on 2026-08-04
Direct holdings after transfer
126,644 shares
Common stock directly held by Maurice Sciammas after the reported gift transaction
GRAT holdings after transfer
36,062 shares
Common stock held indirectly via various Sciammas GRATs after receiving transferred shares
Sciammas Family Trust holdings
52,586 shares
Indirect common stock holdings via the Sciammas Family Trust as of 2026-08-04
Clement Sciammas Family 2021 Trust holdings
5,000 shares
Indirect common stock holdings via the Clement Sciammas Family 2021 Trust
Key Terms
bona fide gift, GRATs, indirect ownership, Irrevocable Trust
4 terms
bona fide gift financial
"Transaction code G is described as a bona fide gift of common stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
GRATs financial
"25,000 shares were transferred from direct holdings to two GRATs"
indirect ownership financial
"Entries list indirect ownership through various family trusts and accounts"
Irrevocable Trust financial
"Holdings include The Joseph Roger Sciammas 2020 Irrevocable Trust"
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Maurice Sciammas report for MPWR?
Maurice Sciammas reported moving 25,000 MPWR common shares from his direct ownership to two GRATs as a bona fide gift. The transfer on 2026-08-04 involved no funds, no sale, and changed only the ownership structure of existing shares.
What are Maurice Sciammas’ direct MPWR holdings after this transaction?
After the reported gift transfer, Maurice Sciammas directly holds 126,644 shares of Monolithic Power common stock. This figure reflects his remaining direct position following the movement of 25,000 shares into GRATs on 2026-08-04 as disclosed in the ownership table.
What other indirect MPWR holdings are associated with Maurice Sciammas and his family?
Beyond GRATs, several family trusts and accounts hold MPWR shares indirectly, including the Sciammas Family Trust with 52,586 shares and multiple irrevocable and family trusts with smaller positions, all listed as indirect ownership in the Form 4 holdings section.
AI-generated analysis. How Rhea-AI works. Not financial advice.
