Super Micro (SMCI) SVP Cheung Exercises RSUs; 808 Shares Withheld

What Happened

• Kenneth Cheung, SVP and Chief Accounting Officer of Super Micro Computer, had 2,250 restricted stock units (RSUs) vest and convert into 2,250 shares on August 17, 2026. To satisfy tax withholding, 808 shares were withheld at $38.28 per share, equal to $30,930. The net shares delivered to Cheung were 1,442 (2,250 − 808). This was a vesting/settlement event, not an open‑market sale or purchase.

Key Details

• Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (filed within the normal SEC reporting window).
• Primary actions: Conversion/exercise of derivative (RSU settlement) for 2,250 shares (code M); tax withholding of 808 shares (code F) at $38.28/share for $30,930.
• Net shares received: 1,442 shares (2,250 settled − 808 withheld).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes:
  • F1: Each RSU equals a contingent right to one share.
  • F2: The 808 withheld shares were retained by the company to cover tax withholding — this is not a market sale and is exempt under Rule 16b‑3(e).
  • F3: The RSUs vested in two equal tranches; this tranche vested on Aug 17, 2026 (the other tranche vests Feb 17, 2027).

Context

• This was a routine vesting and net‑settlement for tax purposes (common for equity compensation). No open‑market sale or purchase by the insider was reported in this filing, so it shouldn’t be interpreted as a directional market bet.