Insider Trends: Insider at Monolithic Power Systems Receives Award and Converts/Exercises Derivative Security, Selling Trend Unaffected
07:53 PM EST, 02/04/2021 (MT Newswires) -- Theodore Blegen, CFO, was awarded 41,196 shares in Monolithic Power Systems (MPWR) and exercised options/derivative securities for 20,105 shares in the company on Feb 02, 2021. After the Form 4 filing with the SEC, Blegen owns 177,041 shares of the company, with a market value, based on the prior-day closing price, of $64.8 million.
Over the last 90 days, previous to the date of this filing, there have been 21 insider transactions reported to the SEC for Monolithic Power Systems. These transactions came from the activities of 6 individual insiders that resulted in a net disposition of 198,513 company shares. Relative to the preceding 90-day window of time, there were 25 transactions from 8 insiders and resulted in the net disposition of 164,337 shares.
This level of transactions is below that of the peer group average in the 82-company Semiconductors peer group over the last 90-day period. Peer group activity averaged 168.6 transactions per company, and disposition of 9,020 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1280452/000128045221000013/xslF345X03/edgardoc.xml
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