Liaw Yih-Shyan Wally 4

What Happened

• Liaw Yih-Shyan (a director of Super Micro Computer, Inc., SMCI) had restricted stock units (RSUs) vest on Feb 17, 2026 and those RSUs were converted into common shares. The filing shows a conversion/exercise of derivative awards totaling 3,400 RSUs into 3,400 common shares. To cover tax withholding, 1,220 shares were withheld by the company at a per-share value of $30.11, totaling $36,734. The transaction that converted the derivative award into common stock is recorded as a disposition of the derivative instrument at $0 (i.e., conversion/settlement).

Key Details

• Transaction date: 2026-02-17; Form 4 filed: 2026-02-19 (filed within the typical 2‑business‑day window).
• Shares converted (RSU settlement): 3,400 shares (derivative conversion).
• Shares withheld for taxes (net settlement): 1,220 shares at $30.11 each = $36,734 (not an open‑market sale; company withholding).
• Footnotes of note:
  • F1/F4: These were restricted stock units (each RSU = right to 1 share); RSUs vest in two equal tranches (Feb 17, 2026 and Aug 17, 2026).
  • F2: Withheld shares were remitted by SMCI to satisfy tax obligations and the transaction is exempt from Section 16(b) under Rule 16b‑3(e).
  • F3: Some shares are held in a trust for the reporting person’s children (the reporting person and spouse are trustees).
• Shares owned after the transaction: not specified in the provided filing excerpt.

Context

• This was a routine RSU vesting and net‑settlement for taxes (a common, non‑market transaction). The derivative (RSU) was converted into common stock rather than representing a cash purchase; the withholding of shares to cover tax obligations is standard and does not indicate an open‑market sale.