CLEGG DON W 4
Research Summary
AI-generated summary
Super Micro (SMCI) SVP Don Clegg Receives RSU Award
What Happened
- Don W. Clegg, Senior Vice President, Worldwide Sales at Super Micro Computer, Inc. (SMCI), received a grant of 3,500 restricted stock units (RSUs) on February 7, 2026. The award price is $0 per unit (a standard equity grant, not a cash purchase or sale). The grant is a derivative award that will convert into common shares if/when the RSUs vest.
Key Details
- Transaction date: February 7, 2026; Form 4 filed February 10, 2026 (appears timely—filed within two business days).
- Grant: 3,500 RSUs at $0.00 (derivative award, not an open-market trade).
- Vesting/settlement: Per filing footnotes, each RSU equals the right to one share (F1). Vesting is in two equal tranches on Feb 17, 2026 and Aug 17, 2026, subject to continued service; vested units are settled in SMCI common stock (F2).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Transaction code: A = Award/Grant (derivative); not a sale or purchase by cash.
- No indication in the filing of a 10b5-1 plan, tax withholding sale, or late filing penalty.
Context
- This is a standard equity compensation grant (RSUs). RSUs are contingent rights to receive shares in the future if vesting conditions are met; they do not represent an immediate cash investment or sale. Such grants are common for executive compensation and do not by themselves indicate the insider is buying or selling stock in the open market.