Deals between MPWR and its directors, executives, owners of more than 5% or their families: a relative on the payroll,
a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
Below: what the proxy filed 2026-04-30 reports that the one filed 2025-04-30 did not, quoted as filed.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-30.
Nothing new: every deal in this year's section was reported last year too.
The whole section 4 paragraphs, proxy filed 2026-04-30
Certain Relationships and Related Transactions
“We have a written policy on related party transactions, as defined in our Code of Ethics and Business Conduct and the Audit Committee Charter. In accordance with our Code of Ethics and Business Conduct, it is the responsibility of our employees and directors to disclose any significant financial interest in a transaction between us and a third party, including an indirect interest, through, for example, a relative or significant other. It is also the responsibility of our Audit Committee, as described in the Audit Committee Charter, to review on an ongoing basis all related party transactions and approve these transactions before they are entered into.”
Read it in the proxy ↗
Certain Relationships and Related Transactions
“In July 2025, we made an investment of $10,000,000 in a venture capital limited partnership focusing on investments in early-stage technology companies. Ms. Tseng also personally invested $500,000 in the same partnership.”
Read it in the proxy ↗
Certain Relationships and Related Transactions
“In January 2026, we made an investment of $1,000,000 in a venture capital limited partnership focusing on investments in early-stage technology companies. Ms. Tseng also personally invested $500,000 in the same partnership.”
Read it in the proxy ↗
Certain Relationships and Related Transactions
“Mr. Sciammas’ son, Joseph Sciammas, is employed by MPS in a non-executive role and received total compensation of $236,000 in 2025. This individual’s compensation was established in accordance with our compensation policies applicable to employees with comparable qualifications and responsibilities and holding similar positions.”
Read it in the proxy ↗
Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not.
A deal reported again with a new amount is not new. Always check the filing.
Open the proxy ↗ · Last year's proxy ↗
