Xiao Jin 4

What Happened

• Xiao Jin, Senior Corporate VP of Engineering at Super Micro Computer, had 1,970 restricted stock units (RSUs) convert to common shares on Feb 10, 2026. As part of the net settlement, 812 shares were withheld to cover tax withholding obligations (812 × $33.33 = $27,064). The net shares delivered to Xiao Jin were 1,158 (1,970 vested − 812 withheld).
• This was not an open-market sale or purchase: it was the settlement of RSUs (derivative conversion) and an internal tax-withholding remittance.

Key Details

• Transaction date: 2026-02-10; Form 4 filed: 2026-02-12 (appears timely).
• Conversion/Exercise code: M (exercise/conversion of derivative — here, RSUs converting to shares).
• Tax-withholding code: F (shares surrendered/withheld to satisfy tax liability); 812 shares withheld at $33.33 per share for $27,064.
• Net shares received by insider: 1,158 shares.
• Shares owned after the transaction: not specified in the filing.
• Relevant footnotes: F1 = each RSU equals one share on settlement; F2 = withheld shares were not sold on the market but withheld by the company to satisfy taxes (exempt from Section 16(b)); F3 = RSUs vesting schedule (25% on May 10, 2024, then quarterly 1/16th thereafter).

Context

• This is a routine equity award vesting and tax withholding, not a market purchase or sale that signals buying/selling intent. The conversion of RSUs and withholding of shares for taxes is a common cashless/net-settlement practice.