Monolithic Power Systems (MPWR) CFO Theodore Blegen Receives Award

What Happened

• Theodore Blegen, EVP and Chief Financial Officer of Monolithic Power Systems, was awarded 38,745 shares on February 3, 2026. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total $0 on the filing), reflecting the vesting/release of previously granted performance-based restricted stock units (PSUs).

Key Details

• Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (timely filing).
• Transaction type/code: Award/Grant (A).
• Shares awarded: 38,745; Form reports acquisition price $0.00 (award/vesting), not a market purchase.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The PSUs were granted Feb 7, 2023 with a three-year performance period; the Compensation Committee certified achievement of performance criteria and all shares fully vested and were released on Feb 3, 2026. Award is subject to tax withholding (per footnote F1).

Context

• These were performance-based RSUs that vested after meeting established performance targets over three years — a compensation event rather than an open-market purchase or sale. Tax withholding may reduce the net shares delivered. Such awards are routine executive compensation and do not by themselves signal buy/sell intentions by the insider.