Monolithic Power Systems (MPWR) EVP awarded 57,170-share PSU payout
Rhea-AI Filing Summary
Monolithic Power Systems executive Maurice Sciammas reported a stock award tied to prior performance-based units. As EVP, WW Sales & Marketing, he received 57,170 shares of common stock on February 3, 2026, at a price of $0 after the company’s Compensation Committee certified performance goals for PSUs granted on February 7, 2023.
All 57,170 shares fully vested and were released the same day, bringing his directly held common stock to 201,500 shares. Additional indirect holdings are reported in various family trusts and accounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 57,170 shares
Net Buy
12 txns
Insider
Sciammas Maurice
Role
EVP, WW Sales & Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,170 | $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 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 201,500 shares (Direct);
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 — 1,299 shares (Indirect, Rosalind Sciammas Brokerage Account);
Common Stock — 49,460 shares (Indirect, Sciammas Family Trust);
Common Stock — 26,660 shares (Indirect, Various Sciammas GRATs);
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 — 5,000 shares (Indirect, Clement Sciammas Family 2021 Trust);
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 — 1,499 shares (Indirect, Clement Sciammas Trust)
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 57,170 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.
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FAQ
What insider transaction did MPWR EVP Maurice Sciammas report?
Maurice Sciammas reported an award of 57,170 MPWR common shares. These shares were issued on February 3, 2026 after performance-based restricted stock units vested and were certified by the Compensation Committee, and were received at a price of $0 per share.