67,879-Share Rule 144 Notice for SMCI (NASDAQ: SMCI)

Rhea-AI Filing Summary

Morgan Stanley Smith Barney LLC filed a Rule 144 notice relating to 67,879 shares of Common stock to be sold in connection with a stock option exercise on 05/18/2026 with settlement described as cash. The filing also lists recent sales by Yih-Shyan W. Liaw totaling 50,000 shares across May 11–14, 2026.

Key Figures

Shares to be sold: 67,879 shares Recent sale — May 14, 2026: 30,000 shares Recent sale — May 13, 2026: 10,000 shares +2 more

5 metrics

Shares to be sold 67,879 shares Stock option exercise dated 05/18/2026

Recent sale — May 14, 2026 30,000 shares Proceeds $997,501 on 05/14/2026

Recent sale — May 13, 2026 10,000 shares Proceeds $330,000 on 05/13/2026

Recent sale — May 11, 2026 10,000 shares Proceeds $355,500 on 05/11/2026

Total recent sales shown 50,000 shares Aggregate of three sales in May 2026 listed on the form

Key Terms

Rule 144, Stock Option Exercise, Issuer, Cash settlement

4 terms

Rule 144 regulatory

"Filed as a Rule 144 notice; securities to be sold are listed"

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

Stock Option Exercise financial

"Securities To Be Sold | Common | 05/18/2026 | Stock Option Exercise"

A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.

Issuer regulatory

"Stock Option Exercise | Issuer | 67879 | 05/18/2026 | Cash"

Cash settlement financial

"Securities To Be Sold ... Cash"

Cash settlement is a process where, instead of exchanging physical assets like stocks or commodities, the parties involved settle the difference in value with money after a contract ends. For investors, it simplifies transactions by avoiding the need to handle or deliver the actual asset, making it quicker and more convenient to complete trades. This method ensures a straightforward way to settle agreements based on their final value.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	67879	2042218.11	601418482	05/18/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/18/2026	Stock Option Exercise	Issuer			67879	05/18/2026	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/14/2026	30000	997501.00
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/13/2026	10000	330000.00
YIH-SHYAN W LIAW 980 ROCK AVENUE SAN JOSE CA 95131	Common	05/11/2026	10000	355500.00

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the SMCI Rule 144 filing report?

The filing reports a proposed sale of 67,879 shares via a stock option exercise dated 05/18/2026. It identifies the method as an issuer cash settlement and lists recent open-market sales by an affiliate during May 2026.

Who is the broker or filer listed on the Form 144?

The Form 144 lists Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza as the filer. That entity is shown as the broker/handling firm associated with the proposed securities sale on the form.

What recent sales by the insider are disclosed in the filing?

The filing lists sales by Yih-Shyan W. Liaw: 30,000 shares on 05/14/2026 for $997,501, 10,000 shares on 05/13/2026 for $330,000, and 10,000 shares on 05/11/2026 for $355,500, totaling 50,000 shares sold in the period shown.

What method of sale is described for the 67,879 shares?

The 67,879 shares are described as to be sold in connection with a stock option exercise and the filing lists Cash as the settlement/consideration method on 05/18/2026. The form frames this as the method for the transaction.

Does the Form 144 show the exchange where the shares trade?

Yes. The filing includes an exchange code indicating NASDAQ for the Common shares. The notice pairs the sale details with the marketplace where the shares are listed in the excerpt provided.