Super Micro (SMCI) CFO David Weigand Converts 1,480 RSUs; 754 Withheld

What Happened

• David E. Weigand, Chief Financial Officer of Super Micro Computer, Inc. (SMCI), had 1,480 restricted stock units (RSUs) convert into common shares on August 10, 2026. To satisfy tax withholding obligations, 754 of those shares were withheld by the company at a value of $31.46 per share, totaling $23,721. The net number of shares delivered to Weigand was approximately 726.
• This was a vesting/settlement of RSUs (derivative conversion), not an open-market purchase or sale; withholding to cover taxes is a routine administrative event.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12 (appears within the standard 2-business-day reporting window).
• Transactions reported: M = exercise/conversion of derivative (1,480 RSUs → 1,480 shares); F = tax withholding (754 shares withheld at $31.46, $23,721).
• Net shares delivered to insider: ~726 (1,480 vested − 754 withheld).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1–F3 indicate these were RSUs (one RSU = one share), withheld shares were retained by SMCI to satisfy taxes (not a market sale), and the RSUs vest per a specified schedule. Withholding is exempt under Rule 16b-3(e).

Context

• This was a settlement of vested RSUs with net share withholding for taxes (a common, administrative "cashless" settlement), not a discretionary open-market sale or purchase—so it generally doesn't signal a trading decision by the insider.
• The M code denotes conversion/exercise of a derivative (RSU → common stock); the F code denotes shares withheld to cover tax liabilities.