MPWR (NASDAQ: MPWR) CFO Blegen receives 38,745 performance-based shares
Rhea-AI Filing Summary
Monolithic Power Systems EVP and CFO Theodore Blegen received 38,745 shares of common stock on February 3, 2026 through the vesting of previously granted performance-based restricted stock units. These shares were awarded at a price of $0 per share following certification of performance goals for a three-year period that began with a February 7, 2023 grant.
After this award, Blegen directly beneficially owned 104,078 shares of Monolithic Power Systems common stock. He also indirectly beneficially owned 5,331 shares held in an irrevocable trust for Sarah N. Blegen and another 5,331 shares held in an irrevocable trust for Theodore F. Blegen.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38,745 shares
Net Buy
3 txns
Insider
BLEGEN THEODORE
Role
EVP and CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 38,745 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 104,078 shares (Direct);
Common Stock — 5,331 shares (Indirect, Irrevocable Trust FBO Sarah N. Blegen);
Common Stock — 5,331 shares (Indirect, Irrevocable Trust FBO Theodore F. Blegen)
Footnotes (1)
- F1. On February 7, 2023, the reporting person was granted performance-based restricted stock units ("PSUs") subject to the achievement of performance conditions over a three-year performance period. On February 3, 2026, the Company's Compensation Committee of the Board of Directors certified and approved the achievement of the performance criteria for the PSUs, which resulted in 38,745 shares being awarded to the reporting person, subject to tax withholdings. All of the shares fully vested and were released on February 3, 2026, pursuant to the grant agreement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MPWR EVP and CFO Theodore Blegen report?
EVP and CFO Theodore Blegen reported the receipt of 38,745 shares of Monolithic Power Systems common stock at $0 per share. The shares came from performance-based restricted stock units that fully vested after the company’s Compensation Committee certified achievement of three-year performance criteria.