Super Micro (SMCI) CFO David Weigand Receives RSUs; Shares Withheld

What Happened David E. Weigand, Chief Financial Officer of Super Micro Computer, Inc. (SMCI), had 6,500 restricted stock units (RSUs) vest/convert into common stock on August 17, 2026. Of those shares, 3,308 were withheld by the company to satisfy tax withholding obligations at an implied tax value of $126,630 (withheld at $38.28 per share), leaving a net 3,192 shares delivered to him. The filing records the RSU conversion as a derivative exercise (code M) and the withholding as a tax payment (code F).

Key Details

• Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (appears timely).
• Vested/converted: 6,500 RSUs → 6,500 shares (reported as derivative exercise).
• Tax withholding: 3,308 shares withheld at $38.28/share = $126,630 (reported as tax payment; not an open‑market sale).
• Net shares received: 6,500 − 3,308 = 3,192 shares issued to Weigand.
• Footnotes: F1 = each RSU equals one share upon settlement; F2 = withheld shares were retained by SMCI to cover taxes (not a market sale) and exempt under Rule 16b‑3(e); F3 = these RSUs were part of a two‑tranche vesting schedule (Aug 17, 2026 and Feb 17, 2027) subject to continued service.
• Shares owned after the transaction: not specified in the provided excerpt.

Context This was a vesting/settlement of RSUs (a form of compensation), not an open‑market purchase or sale by the insider. The withholding of shares to cover taxes is a routine, non‑market transaction and does not necessarily indicate buying or selling sentiment. For derivative entries, note that the conversion and net‑settlement process can show both an "acquired" and a "disposed" line on Form 4 even though no market sale occurred.