Super Micro (SMCI) SVP Vikranth Malyala Exercises RSUs; Shares Withheld

What Happened Vikranth Malyala, Senior Vice President and Chief Business Officer of Super Micro Computer, had restricted stock units (RSUs) convert/vest into 3,248 shares on August 10, 2026. To satisfy tax withholding obligations, SMCI withheld 1,654 of those shares (1,074 + 580), which were recorded as dispositions at $31.46 per share for total withholding of approximately $52,035. The remaining net shares issued to Malyala equal 1,594 shares (3,248 vested − 1,654 withheld). The Form 4 was filed August 12, 2026 covering the August 10 transaction.

Key Details

• Transaction date: August 10, 2026; Form 4 filed August 12, 2026 (reporting period Aug 10).
• Shares converted/issued: 3,248 total (2,110 + 1,138).
• Shares withheld for taxes: 1,654 total (1,074 withheld for $33,788; 580 withheld for $18,247), combined ≈ $52,035.
• Net shares received: 1,594 (3,248 − 1,654).
• Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld for tax withholding.
• Footnotes: F1–F4 clarify that these were RSUs (each represents one share), subject to continued service vesting schedules, and the withholding was a net settlement (not an open-market sale) exempt under Rule 16b-3(e).
• Shares owned after transaction: Not reported on this Form 4.

Context

• This was a net settlement of vested RSUs — not an open-market sale. The withheld shares satisfy tax obligations rather than indicating a market exit.
• RSU vesting schedules (per footnotes) are based on continued service with periodic vesting (not a 10% owner or special plan disclosure).
• Filing appears to be within the typical 2-business-day Form 4 window (Aug 10 transaction, Aug 12 filing).