Yih-Shyan Liaw (SMCI) files to sell 20,000 shares via Morgan Stanley

Rhea-AI Filing Summary

Yih-Shyan W. Liaw filed a Form 144 and notified a proposed sale of 20,000 shares of Common Stock via Morgan Stanley Smith Barney on 05/19/2026.

The filing lists the method as a stock option exercise with cash proceeds shown as $622,500.00. It also discloses multiple sales by the same person in the prior three months: 67,879 shares on 05/18/2026, 30,000 shares on 05/14/2026, 10,000 shares on 05/13/2026, and 10,000 shares on 05/11/2026, with the reported aggregate proceeds for those transactions included in the filing.

Insights

Insider Transactions Analyst

TL;DR: Reporting person filed a Form 144 for 20,000 shares following recent open-market dispositions.

The filing records a proposed sale of 20,000 shares on 05/19/2026

Earlier entries show prior sales totaling 117,879 shares across four dates in May 2026; the excerpt lists each sale with its date and gross proceeds. Timing and cash-flow treatment for the proposed sale is tied to a stock option exercise and a cash settlement method as stated.

Key Figures

Proposed sale: 20,000 shares Proceeds (line item): $622,500.00 Prior sale on 05/18/2026: 67,879 shares +2 more

5 metrics

Proposed sale 20,000 shares proposed sale on <date>05/19/2026</date>

Proceeds (line item) $622,500.00 associated with the 20,000-share stock option exercise line

Prior sale on 05/18/2026 67,879 shares sale reported on <date>05/18/2026</date>

Proceeds from 05/18/2026 sale $2,042,218.11 gross proceeds reported for the 67,879-share sale

Other recent sales 30,000; 10,000; 10,000 shares sales on 05/14/2026, 05/13/2026, 05/11/2026

Key Terms

Form 144, Stock Option Exercise, Cash settlement, Broker-dealer

4 terms

Form 144 regulatory

"144: Securities To Be Sold"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Stock Option Exercise financial

"Common | 05/19/2026 | 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.

Cash settlement financial

"20000 | 05/19/2026 | 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.

Broker-dealer market

"Morgan Stanley Smith Barney LLC Executive Financial Services"

A broker-dealer is a licensed firm or individual that both executes trades on behalf of clients (acting as a broker) and buys or sells securities for its own account (acting as a dealer). Investors care because broker-dealers provide the plumbing of markets — they place orders, hold or move cash and securities, offer research or advice, and their stability and fees directly affect trade execution, costs, and the safety of client funds; think of them as a combined travel agent and taxi for your investments.

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	20000	622500.00	601418482	05/19/2026	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	05/19/2026	Stock Option Exercise	Issuer			20000	05/19/2026	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	05/18/2026	67879	2042218.11
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 Form 144 for SMCI disclose?

The Form 144 discloses a proposed sale of 20,000 shares by Yih-Shyan W. Liaw on 05/19/2026. It lists the transaction as a stock option exercise and shows aggregate proceeds of $622,500.00 for that line.

Who is the broker handling the proposed sale in the Form 144?

The broker listed is Morgan Stanley Smith Barney LLC at 1 New York Plaza. The filing names this broker for the 05/19/2026 proposed transaction involving 20,000 shares.

Were there prior sales by the reporting person recently reported?

Yes. The filing shows prior sales of 67,879 shares on 05/18/2026, 30,000 shares on 05/14/2026, 10,000 shares on 05/13/2026, and 10,000 shares on 05/11/2026, each with its reported gross proceeds in the excerpt.

How is the 20,000-share transaction structured according to the filing?

The 20,000-share line is identified as resulting from a stock option exercise and the method of settlement is listed as Cash, with the transaction routed through the named broker on 05/19/2026

Does the Form 144 show the total proceeds for prior sales?

Yes, each prior sale in the excerpt includes a gross proceeds figure: for example, the 67,879-share sale on 05/18/2026 shows $2,042,218.11 in the provided lines of the filing.