Super Micro Computer, Inc.·4

Feb 19, 4:20 PM ET

WEIGAND DAVID E 4

Research Summary

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Updated

SMCI CFO David Weigand Converts 6,500 RSUs; 2,333 Withheld

What Happened
David E. Weigand, Chief Financial Officer of Super Micro Computer, Inc. (SMCI), had 6,500 restricted stock units (RSUs) vest and convert into common shares on February 17, 2026. Of those shares, 2,333 were withheld by the company to satisfy tax withholding obligations at $30.11 per share, totaling $70,247. The conversion/settlement was a net settlement of RSUs (derivative conversion), not an open-market sale; net shares delivered to the reporting person were 4,167 (6,500 converted − 2,333 withheld).

Key Details

  • Transaction date: February 17, 2026 (reported on Form 4 filed Feb 19, 2026) — filing appears timely.
  • Actions reported: conversion/exercise of derivative (RSUs) for 6,500 shares (code M); tax withholding/settlement of 2,333 shares at $30.11 each (code F) for $70,247. A separate derivative line shows conversion at $0.00 reflecting RSU settlement.
  • Net shares received: 4,167 (6,500 − 2,333).
  • Footnotes: F1 = each RSU converts to one share; F2 = withheld shares were retained by SMCI to satisfy tax obligations and not a market sale (exempt under Rule 16b-3(e)); F3 = these RSUs vest in two equal tranches (Feb 17, 2026 and Aug 17, 2026) and are subject to continued service.
  • Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context and investor takeaways

  • This was a routine vesting/net-settlement of RSUs (derivative conversion), not a buy or an open-market sale — withholding for taxes is common and does not necessarily indicate a change in insider sentiment.
  • For clarity: “M” indicates conversion/exercise of a derivative (here, RSUs); “F” indicates shares were surrendered/withheld to cover taxes.