MPWR Form 4: EVP Xiao transfers 945 shares to Christopher Chao Xiao Trust
Rhea-AI Filing Summary
Xiao Deming, identified as EVP, Global Operations of Monolithic Power Systems, reported an internal transfer of company common stock on Form 4. The filing shows 945 shares were moved from Mr. Xiao's direct holdings into the Christopher Chao Xiao Trust and the form states explicitly that no funds were exchanged.
Following the reported transaction the Form 4 lists 120,660 shares beneficially owned directly by the reporting person, 4,336 shares beneficially owned indirectly by the Christopher Chao Xiao Trust, and 20,455 shares held indirectly by a spouse.
Positive
- Transaction disclosure is explicit: the Form 4 states the transfer and that no funds were exchanged
- Post-transaction ownership totals provided: 120,660 direct, 4,336 indirect (trust), 20,455 indirect (spouse)
Negative
- None.
Insights
TL;DR Routine internal transfer to a family trust disclosed; no sale or proceeds reported.
The Form 4 documents a non-sale transfer of 945 shares from the officer's direct holdings to a named family trust, with the filing explicitly stating that no funds were exchanged. This is a standard estate/planning or trust-consolidation activity rather than a market sale, and the reporting includes post-transaction beneficial ownership totals for direct and indirect holdings. For governance and compliance reviewers, the disclosure aligns with Section 16 reporting requirements and clarifies ownership structure.
TL;DR Transaction is internal and non-dispositive to the market; impact on outstanding float is negligible.
The filing shows a gift/transfer-type transaction coded and explained as a transfer with no consideration exchanged. Beneficial ownership is itemized after the transfer: 120,660 shares direct, 4,336 shares indirect via the Christopher Chao Xiao Trust, and 20,455 shares indirect by spouse. Because the transaction was not a sale, it should have limited immediate pricing impact, and the clear explanation reduces ambiguity for investors tracking insider activity.