What indirect MPWR share holdings are reported for Michael Hsing?

The Form 4 shows indirect beneficial ownership of Monolithic Power Systems shares through two trusts. One is the M Hsing 04 Trust holding 133,040 shares, and the other is the ZH Family 2020 Trust holding 12,825 shares, in addition to Hsing’s direct holdings.

Monolithic Power (NASDAQ: MPWR) CEO sells shares in 10b5-1 plan

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Monolithic Power Systems CEO and director Michael Hsing reported a series of open-market sales of MPWR common stock. On February 11, 2026, he executed multiple Rule 10b5-1 plan trades, with weighted average prices ranging from $1,158.71 to $1,202.28 per share.

Following these transactions, Hsing directly owned 921,234 shares of common stock. He also had indirect beneficial holdings of 133,040 shares through the M Hsing 04 Trust and 12,825 shares through the ZH Family 2020 Trust.

Insider Trade Summary

Net Seller: 33,000 shares ($39,234,212)

Net Sell 12 txns

Insider Hsing Michael

Role CEO

Sold 33,000 shs ($39.23M)

Type	Security	Shares	Price	Value
Sale	Common Stock	363	$1,158.71	$421K
Sale	Common Stock	1,366	$1,163.71	$1.59M
Sale	Common Stock	1,533	$1,167.62	$1.79M
Sale	Common Stock	1,987	$1,172.92	$2.33M
Sale	Common Stock	2,799	$1,177.67	$3.30M
Sale	Common Stock	1,542	$1,182.82	$1.82M
Sale	Common Stock	2,104	$1,188.17	$2.50M
Sale	Common Stock	6,079	$1,192.67	$7.25M
Sale	Common Stock	14,578	$1,197.20	$17.45M
Sale	Common Stock	649	$1,202.28	$780K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 953,871 shares (Direct); Common Stock — 133,040 shares (Indirect, by M Hsing 04 Trust)

Footnotes (1)

These transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/25/2025. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,155.64 to $1,160.62 The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,160.70 to $1,165.64 The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,166.00 to $1,169.96. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,170.10 to $1,175.09. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,175.27 to $1,180.19. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,180.29 to $1,185.29. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,185.33 to $1,190.26. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,190.39 to $1,195.37. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,195.44 to $1,200.37. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,200.46 to $1,203.86. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Form 4 Insider Transactions: What Each Field Means →

02/13/2026 - 05:11 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Hsing Michael

(Last)

(First)

(Middle)

1555 PALM BEACH LAKES BLVD.

(Street)

WEST PALM BEACH

33401

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
MONOLITHIC POWER SYSTEMS INC [ MPWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/11/2026		S		363⁽¹⁾	D	$1,158.71⁽²⁾	953,871	D
Common Stock	02/11/2026		S		1,366⁽¹⁾	D	$1,163.71⁽³⁾	952,505	D
Common Stock	02/11/2026		S		1,533⁽¹⁾	D	$1,167.62⁽⁴⁾	950,972	D
Common Stock	02/11/2026		S		1,987⁽¹⁾	D	$1,172.92⁽⁵⁾	948,985	D
Common Stock	02/11/2026		S		2,799⁽¹⁾	D	$1,177.67⁽⁶⁾	946,186	D
Common Stock	02/11/2026		S		1,542⁽¹⁾	D	$1,182.82⁽⁷⁾	944,644	D
Common Stock	02/11/2026		S		2,104⁽¹⁾	D	$1,188.17⁽⁸⁾	942,540	D
Common Stock	02/11/2026		S		6,079⁽¹⁾	D	$1,192.67⁽⁹⁾	936,461	D
Common Stock	02/11/2026		S		14,578⁽¹⁾	D	$1,197.2⁽¹⁰⁾	921,883	D
Common Stock	02/11/2026		S		649⁽¹⁾	D	$1,202.28⁽¹¹⁾	921,234	D
Common Stock								133,040	I	by M Hsing 04 Trust
Common Stock								12,825	I	ZH Family 2020 Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These transactions were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 8/25/2025.

2. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,155.64 to $1,160.62 The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

3. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,160.70 to $1,165.64 The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

4. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,166.00 to $1,169.96. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

5. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,170.10 to $1,175.09. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

6. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,175.27 to $1,180.19. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

7. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,180.29 to $1,185.29. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

8. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,185.33 to $1,190.26. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

9. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,190.39 to $1,195.37. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

10. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,195.44 to $1,200.37. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

11. The price is the weighted average sale price for the transactions reported on this line. The prices for the transactions reported on this line range from $1,200.46 to $1,203.86. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.

Remarks:

	/s/ Saria Tseng, attorney-in-fact for Mr. Michael R. Hsing	02/13/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MPWR CEO Michael Hsing report?

Michael Hsing reported multiple open-market sales of Monolithic Power Systems (MPWR) common stock. The trades occurred on February 11, 2026, and were executed under a pre-established Rule 10b5-1 trading plan, indicating the sales followed a prearranged schedule rather than discretionary timing.

On what date did Michael Hsing sell MPWR shares and at what prices?

Michael Hsing’s reported MPWR stock sales took place on February 11, 2026. The filing lists several open-market transactions with weighted average sale prices ranging from $1,158.71 per share on one line up to $1,202.28 per share on another reported line.

How many MPWR shares does Michael Hsing own directly after these transactions?

After the February 11, 2026 sales, Michael Hsing directly owned 921,234 shares of Monolithic Power Systems common stock. This figure reflects his remaining direct holdings following the series of open-market transactions reported in the Form 4 insider trading filing.

Was Michael Hsing’s MPWR stock sale made under a Rule 10b5-1 plan?

Yes. The filing states the transactions were made pursuant to a Rule 10b5-1 trading plan adopted on August 25, 2025. Such plans allow insiders to schedule trades in advance, helping separate personal trading decisions from nonpublic information.

What role does Michael Hsing hold at Monolithic Power Systems (MPWR)?

Michael Hsing is identified in the filing as both a director and an officer of Monolithic Power Systems, serving specifically as CEO. His dual role as chief executive officer and board member makes his share transactions notable for MPWR shareholders and analysts.