Cheung Kenneth 4

What Happened
Kenneth Cheung, Senior Vice President and Chief Accounting Officer of Super Micro Computer, Inc. (SMCI), received equity awards on July 29, 2025: 30,486 derivative shares tied to an option award and 13,718 restricted stock units (RSUs). Both awards were granted at a $0.00 transaction price (common for equity awards) and therefore involved no cash outlay by the reporting person. These are grants (transaction code A), not open-market purchases or sales.

Key Details

• Transaction date: July 29, 2025; Form 4 filed June 12, 2026 (late filing per footnote F1).
• Awards: 30,486 (option-type derivative per F2) and 13,718 RSUs (per F3/F4); total 44,204 units.
• Grant price reported: $0.00 for both grants (standard for awards).
• Vesting for the option award (F2): 25% on the first anniversary of July 29, 2026, then 1/16th of the total each successive calendar quarter.
• Vesting for the RSUs (F4): 25% on August 10, 2026, then 1/16th each successive calendar quarter; vested RSUs are settled in shares (F3).
• Shares owned after the transaction: not specified in the provided excerpt.
• Filing timeliness: marked late due to an inadvertent administrative error (footnote F1). Late filing flags timeliness issues but does not itself change the nature of the award.

Context
These were grants of derivatives and restricted units, not sales or purchases on the open market. Options will only convert to exercisable rights per the stated vesting schedule; RSUs convert into actual shares when they vest and are settled in stock. Such awards are routine for executive compensation and do not indicate immediate buying or selling activity.