Super Micro Computer, Inc.·4

Jul 2, 5:51 PM ET

WEIGAND DAVID E 4

Research Summary

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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.