WEIGAND DAVID E 4
4 · Super Micro Computer, Inc. · Filed May 12, 2026
Research Summary
AI-generated summary of this filing
Super Micro (SMCI) CFO David Weigand Receives RSUs, Exercises Options
What Happened
David E. Weigand, Chief Financial Officer of Super Micro Computer, Inc. (SMCI), was granted a total of 44,402 restricted stock units (RSUs) on May 8, 2026 (30,622 and 13,780 units). On May 10, 2026 he exercised/converted 4,170 derivative shares (2,680 + 1,490). To satisfy tax withholding on the net settlement of vested units, SMCI withheld 1,497 shares (962 and 535) and remitted them on his behalf for a combined withholding value of $52,949 (962 × $35.37 = $34,026; 535 × $35.37 = $18,923). The withholding transactions are tax-related and not open-market sales.
Key Details
- Transaction dates: May 8, 2026 (RSU grants); May 10, 2026 (exercise/conversion and tax withholding).
- Reported withholding proceeds: $34,026 and $18,923 (total $52,949) at $35.37 per share.
- Shares reported acquired as awards (derivative RSUs): 30,622 and 13,780 (total 44,402).
- Derivative shares exercised/converted on May 10: 2,680 and 1,490 (total 4,170).
- Withheld/disposed for taxes: 962 and 535 shares (total 1,497) — footnote F2: withheld by the company to satisfy tax withholding; exempt from Section 16(b) as a net settlement.
- Footnotes of note: F1 (each RSU = right to one share); F3–F6 describe multi-year vesting schedules (typical 25% first-year vesting then quarterly thereafter).
- Shares owned after the transactions: not specified in the filing.
- Filing timeliness: filing shows these transactions; no late-filing flag indicated in the provided data.
Context
- This was largely an award + exercise with company withholding to cover taxes (net settlement/cashless-style treatment) rather than open-market sales. For retail investors, tax-withholding disposals do not necessarily indicate a decision to sell stock for cash; they are routine administrative actions when RSUs or exercised derivatives vest.
- The RSUs and option vesting are subject to continued service and multi‑period vesting schedules (see footnotes).
Insider Transaction Report
Form 4
WEIGAND DAVID E
SVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-05-10+2,680→ 117,926 total - Tax Payment
Common Stock
[F2]2026-05-10$35.37/sh−962$34,026→ 116,964 total - Exercise/Conversion
Common Stock
[F1]2026-05-10+1,490→ 118,454 total - Tax Payment
Common Stock
[F2]2026-05-10$35.37/sh−535$18,923→ 117,919 total - Award
Employee Stock Option (right to buy)
[F3]2026-05-08+30,622→ 30,622 totalExercise: $35.37Exp: 2036-05-08→ Common Stock (30,622 underlying) - Award
Restricted Stock Units
[F1][F4]2026-05-08+13,780→ 13,780 total→ Common Stock (13,780 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-05-10−2,680→ 0 total→ Common Stock (2,680 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-05-10−1,490→ 11,890 total→ Common Stock (1,490 underlying)
Footnotes (6)
- [F1]Each restricted stock unit represents a contingent right to receive one share of SMCI common stock.
- [F2]Represents shares of SMCI common stock that have been withheld by SMCI to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-3(e) promulgated under the Act.
- [F3]Subject to the Reporting Person's continued service to SMCI, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date on May 8, 2027, and 1/16th at the end of each successive calendar quarter thereafter.
- [F4]Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2027 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
- [F5]Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2023 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
- [F6]Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest at the rate of 25% of the total number of units on May 10, 2025 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
Signature
/s/ David E. Weigand|2026-05-12