Liang Charles 4
Research Summary
AI-generated summary
Super Micro (SMCI) 10% Owner Charles Liang Receives Vested RSUs
What Happened
Charles Liang, a reported 10% owner of Super Micro Computer, had restricted stock units (RSUs) convert to common shares on 2026-02-10. A total of 2,110 RSUs vested/converted; the company withheld 1,251 shares to satisfy tax withholding obligations at $33.33 per share, equal to $41,696. Net delivery to Liang was roughly 859 shares (2,110 vested minus 1,251 withheld). These were not open-market sales but a net settlement of vested RSUs.
Key Details
- Transaction date: 2026-02-10. Filing date: 2026-02-12 (appears timely).
- Vesting/conversion: 2,110 restricted stock units converted to shares (reported as derivative exercise/conversion).
- Tax withholding: 1,251 shares withheld by SMCI at $33.33/share for $41,696 (company withholding, not a market sale).
- Net shares received (approx.): 859 shares delivered to the reporting person after withholding.
- Footnotes: F1—each RSU equals one share on settlement; F2—shares withheld to cover taxes (net settlement) and exempt under Rule 16b-3(e); F3—vesting schedule is contingent on the reporting person’s spouse’s continued service (vesting schedule described).
- Shares owned after the transaction: not specified in the provided filing.
Context
- This was a vesting/settlement of RSUs, effectively a conversion of derivative awards into stock with net share withholding to cover taxes — not an open-market sale or purchase.
- For retail investors: withholding of shares to pay taxes is a routine administrative action and does not necessarily indicate a buy or sell decision by the insider.
- Note the reporting person is a 10% owner; filings by 10% owners are subject to Section 16 rules but can reflect administrative settlements rather than trading intent.