4Accepted Aug 19, 4:47 PM ET
Super Micro (SMCI) SVP Vikranth Converts RSUs; 3,053 Shares Withheld
Accepted (ET)
4:47 PM
Aug 19, 2026
Filed
Aug 19, 2026
Documents
1
Size
8.7 KB
Summary
Super Micro (SMCI) SVP Vikranth Converts RSUs; 3,053 Shares Withheld
What Happened
- Malyala Vikranth, Senior Vice President and Chief Business Officer at Super Micro Computer, had 6,000 restricted stock units (RSUs) convert to common shares on August 17, 2026. Of those, 3,053 shares were withheld by the company to satisfy tax withholding obligations at $38.28 per share, totaling $116,869. The conversion resulted in a net delivery of 2,947 shares to the insider.
- This was not an open‑market sale; the withheld shares were retained by SMCI to cover taxes (a net settlement of vested RSUs), not sold on the market.
Key Details
- Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (reporting appears timely).
- Conversion: 6,000 RSUs converted to 6,000 shares (reported as exercise/conversion of a derivative, code M).
- Tax withholding: 3,053 shares withheld (code F) at $38.28 per share = $116,869; withholding was a company remittance, not a market sale (footnote F2).
- Net shares received: 6,000 − 3,053 = 2,947 shares delivered to the reporting person.
- Footnotes: F1 confirms each RSU equals one share; F2 notes withholding was a non‑market transaction exempt under Rule 16b‑3(e); F3 indicates these RSUs vest in two equal tranches (Aug 17, 2026 and Feb 17, 2027).
- Shares owned after the transaction are not disclosed in the provided excerpt.
Context
- These entries reflect RSU vesting and a net settlement for tax obligations (common executive compensation mechanics), not a directional market trade. For derivative/award transactions like this, the key takeaway for investors is the vesting and withholding treatment rather than a buy/sell signal.