Liang Charles 4

What Happened
Charles Liang, a reported 10% owner of Super Micro Computer, exercised stock options on February 27, 2026 to acquire 20,980 shares at an exercise price of $4.24 per share, for a total cash cost of $88,850. The Form 4 also shows an offsetting disposition of 20,980 shares at $0.00 the same day (both transactions coded M for option exercise/conversion).

Key Details

• Transaction date: 2026-02-27. Form filed: 2026-03-03 (filed within the typical 2-business-day window).
• Acquired: 20,980 shares @ $4.24 = $88,850 (exercise of options).
• Disposed: 20,980 shares @ $0.00 (reported as derivative disposition).
• Shares owned after transaction: not specified in the information provided.
• Footnotes: F1 — option previously adjusted for the 10-for-1 forward split effective Sept 30, 2024; F2 — option granted April 27, 2021 and is fully vested and exercisable.

Context
For derivative transactions, a simultaneous acquisition and a $0.00 disposition commonly indicates a net/cashless settlement or shares surrendered to cover exercise costs or tax withholding, though the filing itself does not state the precise mechanics. As a 10% owner (not necessarily an executive), this reflects insider activity but should be interpreted differently than routine open-market buys or executive signal trades.