MPWR counsel awarded 57,170 performance shares
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.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 57,170 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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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What role does Saria Tseng hold at Monolithic Power Systems (MPWR)?
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