Insider Trends: Monolithic Power Systems Insider Awarded Stock and Converts/Exercises Derivative Security, Extends Buying Trend
07:55 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, Saria Tseng, VP & General Counsel, was awarded 60,186 shares in Monolithic Power Systems (MPWR) and exercised options/derivative securities for 32,165 shares in the company. Tseng, subsequent to the transactions outlined in the SEC Form 4 filing, owns 310,993 shares of the company, which have a market value of $114 million as of the prior-day closing price.
During the most recent 90-day period, previous to the date of this filing, there have been 31 insider transactions reported to the SEC for Monolithic Power Systems. These transactions came from the activities of 9 separate insiders that resulted in a net acquisition of 286,214 company shares. Relative to the preceding 90-day window of time, there were 25 transactions from 8 insiders which resulted in the net disposition of 164,337 shares.
This is less than the average level of insider transactions in the 82-company Semiconductors peer group over the last 90-day period. Within the peer group activity averaged 168.7 transactions per company, and disposition of 8,948 shares on average.
SEC Story Link http://www.sec.gov/Archives/edgar/data/1280452/000128045221000020/xslF345X03/edgardoc.xml
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