MPWR · Nasdaq

Monolithic Power Systems

Semiconductors · Kirkland, Washington · founded 1997

Board members
7
CEO
Michael Hsing
Insider buys, 12 mo
$0
Insider sales, 12 mo
$724.5M

Board of directors (7)

Directors with a Section 16 filing in the last 13 months. “Since” is the first filing as a director; SEC data sets start in 2016.

Michael Hsing
CEOsince 2016 or earlier
Eugen J. Elmiger
Directorsince Apr 2016
Kuo Wei Herbert Chang
Directorsince Apr 2016
Victor K. Lee
Directorsince Apr 2016
Jeff Zhou
Directorsince Apr 2016
Carintia Martinez
Directorsince Jun 2021
Eileen Wynne
Directorsince Feb 2023

Executive officers (6)

Michael Hsing
CEOsince 2016 or earlier
Theodore Blegen
EVP and CFOsince Jul 2016
Robert W. Dean II
Interim CFOsince Mar 2026
Deming Xiao
EVP, Global Operationssince 2016 or earlier
Saria Tseng
EVP & General Counselsince 2016 or earlier
Maurice Sciammas
EVP, WW Sales & Marketingsince 2016 or earlier

Company facts

Chair
—
In S&P 500 since
Feb 2021
Incorporated in
DE
Fiscal year ends
December
SEC industry
Semiconductors & Related Devices
SEC filings
EDGAR

Major holders (5% or more)

Latest Schedule 13D/13G filing per holder. Holders that reported falling below 5% are not shown. Index funds usually report once a year.

No 5% holder filings parsed yet for this company.

Insider trades

Open-market purchases and sales reported on Form 4. Grants, option exercises and tax withholding are excluded.

Buys, 12 mo
$0
0 trades · 0 insiders
Sales, 12 mo
$724.5M
290 trades · 11 insiders
Net, 12 mo
-$724.5M
Data through
Sep 28, 2026
latest trade shown
DateInsiderTypeSharesPriceValue
Sep 28, 2026Michael Hsing
CEO
Sale596$1,323.31$789K
Sep 28, 2026Michael Hsing
CEO
Sale2,121$1,328.54$2.8M
Sep 28, 2026Michael Hsing
CEO
Sale1,111$1,333.34$1.5M
Sep 28, 2026Michael Hsing
CEO
Sale130$1,356.94$176K
Sep 28, 2026Michael Hsing
CEO
Sale5,783$1,343.76$7.8M
Sep 28, 2026Michael Hsing
CEO
Sale6,343$1,347.15$8.5M
Sep 28, 2026Michael Hsing
CEO
Sale10,967$1,351.43$14.8M
Sep 28, 2026Michael Hsing
CEO
Sale2,949$1,338.66$3.9M
Aug 24, 2026Robert W. Dean II
Interim CFO
Sale32$1,297.72$42K
Aug 24, 2026Kuo Wei Herbert Chang
Director
Sale50$1,281.57$64K
Aug 17, 2026Robert W. Dean II
Interim CFO
Sale6$1,413.64$8K
Aug 11, 2026Kuo Wei Herbert Chang
Director
Sale50$1,420.00$71K
Aug 5, 2026Robert W. Dean II
Interim CFO
Sale105$1,344.27$141K
Aug 3, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale30$1,343.94$40K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale240$1,369.18$329K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale472$1,375.47$649K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale418$1,378.73$576K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale410$1,384.11$567K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale1,864$1,344.16$2.5M
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale213$1,396.16$297K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale117$1,400.45$164K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale110$1,405.71$155K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale527$1,314.03$692K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale274$1,318.42$361K
Jul 15, 2026Maurice Sciammas
EVP, WW Sales & Marketing
Sale409$1,323.93$541K

Board and executive changes

Every 8-K with Item 5.02 (departure, election or appointment of directors and officers). The text is the first paragraph of the item.

  1. Oct 29, 2026

    Appointment of Chief Financial Officer On October 27, 2026, the Board of Directors of the Company (“the Board”) appointed Tony Balow, age 56, as Vice President, Chief Financial Officer, effective immediately. Mr. Balow served as the Company’s Vice President of Finance from September 2023 to October 2026. Prior to joining the Company, Mr. Balow spent 23 years at Intel, a global semiconductor company, and held a number of senior positions. Mr. Balow holds a Bachelor of Science and a Master of Science in Aerospace, Aeronautical and Astronautical Engineering from the University of Illinois Urbana-Champaign, and a Master of Business Administration from the University of Arizona. There are no arrangements or understandings between Mr. Balow and any other person pursuant to which he was appointed as the Company’s Chief Financial Officer. Mr.

    Read the 8-K filing
  2. Feb 5, 2026

    (b) Departure of Chief Financial Officer On February 3, 2026, Bernie Blegen informed the Company’s Board of Directors (the “Board”) of his intention to retire from his position as Executive Vice President and Chief Financial Officer. Mr. Blegen will continue in his role until the issuance of the Company’s 2025 annual report on Form 10-K (the “Effective Date”). Mr. Blegen will remain with the Company after his retirement to ensure a smooth transition with his eventual successor. (c) Appointment of Interim Chief Financial Officer On February 3, 2026, the Board appointed Rob Dean, the Company’s Corporate Controller, as interim Chief Financial Officer effective upon the Effective Date. Mr.

    Read the 8-K filing
  3. Oct 22, 2024

    On October 21, 2024, Mr. James C. Moyer resigned from the Board of Directors (the “Board”) of Monolithic Power Systems, Inc. (the “Company”), and as a result, the Board decreased the total number of its authorized directors from eight to seven. Mr. Moyer’s resignation from the Board is not due to any disagreement with the Company, the Board or management of the Company. To achieve a more equal balance of membership among the classes of directors of the Company, the Board has reduced the total number of authorized directors in Class II to two, increased the total number of authorized directors in Class I to two and appointed Mr. Jeff Zhou as a Class I director with a term set to expire at the 2026 annual meeting of stockholders. On October 21, 2024, Mr. Zhou resigned as a Class II director, effective immediately prior to his reappointment to the Board as a Class I director.

    Read the 8-K filing
  4. Jun 15, 2023

    In April 2023, the Board of Directors (the “Board”) of Monolithic Power Systems, Inc. (the “Company”) approved, subject to stockholder approval, the amendment and restatement of the Monolithic Power Systems, Inc. 2004 Employee Stock Purchase Plan (the “Amended 2004 ESPP”). As described below under

    Read the 8-K filing
  5. Feb 8, 2023

    (d) Appointment of a Director On February 7, 2023, the Board of Directors (the “Board”) of the Company appointed Eileen Wynne to serve as a member of the Board, effective immediately. Ms. Wynne was appointed to serve as a Class II director whose term will expire at the annual meeting of stockholders to be held in 2024. Ms. Wynne was not appointed to serve on any committees of the Board in connection with her initial appointment as a director. Eileen Wynne, 56, has served as interim Chief Financial Officer of IDEX Biometrics ASA (“IDEX”), a provider of fingerprint identification technologies, since August 2022, and supported IDEX on a consulting basis since December 2020. From November 1999 to June 2019, Ms. Wynne held various managerial and senior roles at Analog Devices, Inc.

    Read the 8-K filing
  6. May 28, 2021

    (d) Appointment of a New Director On May 27, 2021, the Board of Directors (the “Board”) of Monolithic Power Systems, Inc. (the “Company”) appointed Carintia Martinez to serve as a member of the Board, effective immediately. Ms. Martinez was appointed as a Class III director whose term will expire at the annual meeting of stockholders to be held in 2022. Ms. Martinez was not appointed to serve on any committees of the Board in connection with her initial appointment as a director. Ms. Martinez, 55, has served as Vice President, Chief Information Officer of Thales Alenia Space, a European aerospace manufacturer specializing in satellite systems, since January 2018. From February 2008 to December 2017, Ms.

    Read the 8-K filing
  7. Jun 12, 2020

    (e) A mendment and Restatement of the Amended Monolithic Power Systems, Inc. 2014 Equity Incentive Plan (the “Amended and Restated 2014 Equity Plan”) The Board of Directors of Monolithic Power Systems, Inc. (the “Company”) previously approved, subject to stockholder approval, the Amended and Restated 2014 Equity Plan. As described below under

    Read the 8-K filing
  8. Apr 24, 2018

    To achieve a more equal balance of membership among the classes of directors of Monolithic Power Systems, Inc. (the “Company”), the board of directors (the “Board”) of the Company has determined to move one of the Company’s current directors from Class III to Class II. On April 24, 2018, Mr. Eugene Elmiger resigned as a Class III Director, effective as of his reappointment to the Board as a Class II Director. For all other purposes, Mr. Elmiger’s service on the Board is deemed to have continued uninterrupted. The Board now consists of two Class I directors whose term will expire at the annual meeting of stockholders in 2020; two Class II directors whose term will expire at the annual meeting of stockholders in 2018; and two Class III directors whose term will expire at the annual meeting of stockholders in 2019. The resignation and reappointment of Mr.

    Read the 8-K filing
  9. Jul 22, 2016

    (b) Departure of Director. On July 19, 2016, Karen A. Smith Bogart resigned from the Board of Directors (the “ Board ”) of Monolithic Power Systems (“ MPS ”) and all committees thereof, effective immediately. Dr. Smith Bogart’s resignation from the Board is not due to any disagreement with MPS, the Board or management of MPS. As a result of Dr. Smith Bogart’s resignation, the Board approved the acceleration of vesting of 2,181 shares of her outstanding restricted stock units on July 19, 2016. (c) Appointment of Chief Financial Officer. On July 19, 2016, MPS appointed Bernie Blegen as its new chief financial officer, effective immediately. Mr. Blegen, 58, has served as MPS’ interim chief financial officer since March 2016. From August 2011 to March 2016, Mr. Blegen served as MPS’ corporate controller. Prior to joining MPS, Mr.

    Read the 8-K filing
  10. Feb 23, 2016

    Director or officer change (Item 5.02). Open the filing for details.

    Read the 8-K filing

Proxy statements (DEF 14A): 2026 · 2025 · 2024 · 2023 · 2022 · 2021

Share price

$1,190.44+1976% since 2016 board/officer change filed
139844155020172019202120232025

Annual financials

From the company's 10-K XBRL data (SEC companyfacts).

Fiscal yearRevenueNet incomeMarginDiluted EPSTotal assets
FY2025$2.8B$621.5M22.3%$12.86$4.2B
FY2024$2.2B$1.6B72.1%$32.60$3.7B
FY2023$1.8B$427.4M23.5%$8.76$2.4B
FY2022$1.8B$437.7M24.4%$9.05$2.1B
FY2021$1.2B$242.0M20.0%$5.05$1.6B
FY2020$844.5M$164.4M19.5%$3.50$1.2B
FY2019$627.9M$108.8M17.3%$2.38$956.4M
FY2018$582.4M$105.3M18.1%$2.36$793.4M

Former directors and officers (4)

People who stopped filing as an insider of this company. “Last filing” is the last Form 3/4/5, an upper bound on when they left.

Show the list
Frank Anthony Balow III
Chief Financial OfficerOct 2026 – Oct 2026
James C. Moyer
DirectorApr 2016 – Aug 2024
Pilkington Karen A. Smith-
DirectorApr 2016 – Apr 2016
Meera Rao
CFO2016 or earlier – Feb 2016
Monolithic Power Systems (MPWR) board, executives and insiders | USBoard