Super Micro Computer, Inc.·4

Feb 19, 4:24 PM ET

CLEGG DON W 4

Research Summary

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Updated

SMCI SVP Don Clegg Receives RSUs; 716 Shares Withheld for Taxes

What Happened

  • Don W. Clegg, Senior Vice President, Worldwide Sales at Super Micro Computer, Inc. (SMCI), had restricted stock units (RSUs) vest and convert to 1,750 shares on Feb 17, 2026. Of those, 716 shares were withheld by the company to cover tax withholding obligations, representing $21,559 at a reported withholding price of $30.11 per share. The conversion/settlement of RSUs produced no cash proceeds to the reporting person.

Key Details

  • Transaction date: February 17, 2026.
  • Primary actions: conversion/settlement of RSUs (derivative conversion) of 1,750 shares; 716 shares withheld to satisfy tax obligations (net settlement).
  • Withholding value: 716 shares × $30.11 = $21,559 (paid to issuer for tax remittance).
  • Footnotes: F1 = each RSU equals one share; F2 = withheld shares were not an open-market sale and the withholding is exempt from Section 16(b) under Rule 16b-3(e); F3 = RSUs vest in two equal tranches (Feb 17, 2026 and Aug 17, 2026).
  • Shares owned after the reported transactions: not provided in the excerpt of the filing.
  • Filing date: Feb 19, 2026 — appears to be filed within the standard two-business-day Form 4 window.

Context

  • This was a compensation-related settlement of vested RSUs (a net settlement where some shares are withheld for taxes), not an open-market sale or purchase. Such withholding is routine for tax purposes and does not necessarily indicate a bullish or bearish view by the insider.