WEIGAND DAVID E 4
4 · Super Micro Computer, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Super Micro (SMCI) CFO David Weigand Exercises RSUs, Shares Withheld
What Happened
- David E. Weigand, CFO of Super Micro Computer, exercised/converted restricted stock units (reported as derivative transactions) that resulted in the acquisition of 19,725 shares on July 1, 2026. To satisfy tax withholding obligations, the company withheld 10,038 of those shares (reported as dispositions) at $27.65 per share, totaling $277,550. After withholding, the reporting person received a net 9,687 shares.
- These were vesting/RSU-related transactions (not open-market sales or purchases); the withholding is a routine tax-remittance event rather than a market sale.
Key Details
- Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely within standard Section 16 reporting window).
- Shares acquired via conversion/vesting: 19,725 (breakdown per filing: 9,380; 5,110; 1,080; 2,991; 1,164).
- Shares withheld for taxes (disposed per filing): 10,038 at $27.65 each; cash value withheld ≈ $277,550 (items reported under code F).
- Net shares retained by insider after withholding: 9,687.
- Notable footnotes: F1–F6 describe that each restricted stock unit converts to one share and set forth vesting schedules; F2 notes the withheld shares were remitted to satisfy tax obligations and not a market sale and are exempt from Section 16(b) under Rule 16b-3(e).
Context
- These filings reflect RSU vesting and net settlement (company withholding shares to cover taxes), a common administrative step for executives and not necessarily a signal of buying or selling intent. Transaction codes: M = exercise/conversion of derivative (RSU vesting), F = payment of tax liability via share withholding.
Insider Transaction Report
Form 4
WEIGAND DAVID E
SVP, Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-07-01+1,080→ 129,322 total - Tax Payment
Common Stock
[F2]2026-07-01$27.65/sh−550$15,208→ 128,772 total - Exercise/Conversion
Common Stock
[F1]2026-07-01+9,380→ 130,505 total - Tax Payment
Common Stock
[F2]2026-07-01$27.65/sh−4,773$131,973→ 125,732 total - Exercise/Conversion
Common Stock
[F1]2026-07-01+5,110→ 130,842 total - Tax Payment
Common Stock
[F2]2026-07-01$27.65/sh−2,600$71,890→ 128,242 total - Exercise/Conversion
Common Stock
[F1]2026-07-01+2,991→ 131,763 total - Tax Payment
Common Stock
[F2]2026-07-01$27.65/sh−1,522$42,083→ 130,241 total - Exercise/Conversion
Common Stock
[F1]2026-07-01+1,164→ 131,405 total - Tax Payment
Common Stock
[F2]2026-07-01$27.65/sh−593$16,396→ 130,812 total - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-07-01−9,380→ 0 total→ Common Stock (9,380 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-07-01−5,110→ 5,110 total→ Common Stock (5,110 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F4]2026-07-01−1,080→ 1,080 total→ Common Stock (1,080 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F5]2026-07-01−2,991→ 5,982 total→ Common Stock (2,991 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F6]2026-07-01−1,164→ 3,492 total→ Common Stock (1,164 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 restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2023. Vested units are settled in shares of SMCI common stock.
- [F4]Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2024. 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 in four equal annual increments on July 1 of each year, beginning on July 1, 2025. 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 in four equal annual increments on July 1 of each year, beginning on July 1, 2026. Vested units are settled in shares of SMCI common stock.
Signature
/s/ David E. Weigand|2026-07-02