Monolithic Power (NASDAQ: MPWR) EVP moves 12,472 trust-held shares at $0
Rhea-AI Filing Summary
Monolithic Power Systems executive Maurice Sciammas reported a bona fide gift of 12,472 shares of Common Stock held through various Sciammas GRATs. The shares were distributed from these grantor retained annuity trusts to individuals who are not immediate family members sharing the same household.
No funds were exchanged and no sale of shares occurred in these distributions, so this is a non-cash transfer rather than a market trade. After the distributions, the GRATs and Sciammas no longer have any pecuniary interest in the gifted shares, while separate direct and indirect Common Stock holdings are reported, including 166,644 shares held directly and 12,625 shares held indirectly through various Sciammas GRATs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 12,472 shares
Net Sell
12 txns
Insider
Sciammas Maurice
Role
EVP, WW Sales & Marketing
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 12,472 | $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 — 12,625 shares (Indirect, Various Sciammas GRATs);
Common Stock — 166,644 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 — 919 shares (Indirect, Rosalind Sciammas Brokerage Account);
Common Stock — 51,023 shares (Indirect, Sciammas Family Trust);
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 — 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 — 1,209 shares (Indirect, Clement Sciammas Trust);
Common Stock — 5,000 shares (Indirect, Clement Sciammas Family 2021 Trust)
Footnotes (1)
- F1. The reported transaction involved distributions of securities from the various GRATs, of which the reporting person is a trustee, to individuals who are not immediate family members sharing the same household. No funds were exchanged and no sale of shares occurred in the distributions. Following the completion of the distributions, neither the GRATs nor the reporting person retains any pecuniary interest in the shares.
Key Figures
Gifted shares: 12,472 shares
GRAT holdings after transaction: 12,625 shares
Direct holdings: 166,644 shares
+3 more
6 metrics
Gifted shares
12,472 shares
Bona fide gift from various Sciammas GRATs on May 29, 2026
GRAT holdings after transaction
12,625 shares
Total Common Stock indirectly held through various Sciammas GRATs following gift
Direct holdings
166,644 shares
Common Stock held directly by Maurice Sciammas after reported transactions
Sciammas Family Trust holdings
51,023 shares
Common Stock held indirectly through Sciammas Family Trust
Clement Sciammas Family 2021 Trust
5,000 shares
Common Stock held indirectly via Clement Sciammas Family 2021 Trust
Sciammas Trust 2020 holdings
4,015 shares
Common Stock held indirectly via Sciammas Trust 2020
Key Terms
bona fide gift, GRATs, pecuniary interest, Common Stock, +1 more
5 terms
bona fide gift financial
"The reported transaction involved distributions of securities ... Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
GRATs financial
"The reported transaction involved distributions of securities from the various GRATs"
pecuniary interest financial
"neither the GRATs nor the reporting person retains any pecuniary interest in the shares"
Common Stock financial
"The reported transaction involved distributions of securities ... shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"ownership_type: "indirect" for holdings through various Sciammas trusts and accounts"
AI-generated analysis. How Rhea-AI works. Not financial advice.
