Monolithic Power (NASDAQ: MPWR) EVP & counsel receives 57,170 PSUs
Rhea-AI Filing Summary
Monolithic Power Systems EVP & General Counsel Saria Tseng received 57,170 common shares on February 3, 2026 from previously granted performance-based restricted stock units. The company’s Compensation Committee certified that three-year performance goals were achieved, causing all units to fully vest and be released the same day at a price of $0 per share.
After this award, Tseng directly beneficially owned 223,501 shares of Monolithic Power Systems common stock and indirectly held 1,000 additional shares through C&T Discovery Foundation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 57,170 shares
Net Buy
2 txns
Insider
Tseng Saria
Role
EVP & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,170 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 223,501 shares (Direct);
Common Stock — 1,000 shares (Indirect, C&T Discovery Foundation)
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 report for Saria Tseng on February 3, 2026?
Monolithic Power Systems reported that EVP & General Counsel Saria Tseng acquired 57,170 common shares on February 3, 2026. These shares came from previously granted performance-based restricted stock units that fully vested when the company certified achievement of its three-year performance goals.
What role does Saria Tseng hold at Monolithic Power Systems (MPWR)?
In this filing, Saria Tseng is identified as an officer of Monolithic Power Systems, serving as Executive Vice President & General Counsel. The Form 4 confirms officer status and indicates the reported stock award relates to her executive compensation in that role.