Super Micro CAO exercises RSUs, updates stake
Super Micro Computer, Inc. SVP and Chief Accounting Officer Kenneth Cheung reported the vesting and conversion of 1,250 restricted stock units into common stock on May 10, 2026.
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Form Type
4
Rhea-AI Filing Summary
Super Micro Computer, Inc. SVP and Chief Accounting Officer Kenneth Cheung reported the vesting and conversion of 1,250 restricted stock units into common stock on May 10, 2026. Some shares were withheld to cover tax obligations rather than sold in the market. Following these transactions, he directly holds 59,331 shares of common stock.
Insider Trade Summary
1,250 shares exercised/converted
Exercise
3 txns
Insider
Cheung Kenneth
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 449 | $35.37 | $16K |
Holdings After Transaction:
Restricted Stock Units — 6,250 contracts (Direct);
Common Stock — 59,331 shares (Direct)
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of SMCI common stock.
- F2. Represents shares of SMCI common stock that have been withheld by SMCI to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units and not a market transaction. Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 (the "Act") pursuant to Rule 16b-3(e) promulgated under the Act.
- F3. Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest at the rate of 25% of the total number of units on August 10, 2024 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
Key Figures
RSUs converted: 1250.0000 units
Common shares acquired: 1250.0000 shares
Shares withheld for taxes: 449.0000 shares
+2 more
5 metrics
RSUs converted
1250.0000 units
Restricted stock units converted into common stock on May 10, 2026
Common shares acquired
1250.0000 shares
Common stock received from RSU conversion on May 10, 2026
Shares withheld for taxes
449.0000 shares
Common stock withheld to satisfy tax obligations at $35.3700 per share
Tax withholding price
35.3700 $/share
Per-share value used for tax withholding disposition of common stock
Post-transaction holdings
59,331 shares
Direct common stock holdings after the reported transactions
Key Terms
Restricted Stock Units, net settlement, tax withholding, Section 16(b), +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
net settlement financial
"obligations in connection with the net settlement of vested restricted stock units"
tax withholding financial
"shares of SMCI common stock that have been withheld by SMCI to satisfy tax withholding"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Section 16(b) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(e) regulatory
"pursuant to Rule 16b-3(e) promulgated under the Act"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did SMCI's Kenneth Cheung report in this Form 4?
Kenneth Cheung reported the vesting and conversion of 1,250 restricted stock units into Super Micro Computer common stock on May 10, 2026. Some resulting shares were withheld to satisfy tax obligations, and his direct holdings rose to 59,331 common shares after these events.
How many SMCI restricted stock units vested and converted for Kenneth Cheung?
A total of 1,250.0000 restricted stock units vested and converted into SMCI common stock for Kenneth Cheung on May 10, 2026. Footnotes state each restricted stock unit represents a contingent right to receive one share of common stock upon vesting and settlement.
What is the vesting schedule for Kenneth Cheung’s SMCI restricted stock units?
Footnotes state the restricted stock units vest with 25% of the total units on August 10, 2024, and 1/16th of the units vest at the end of each successive calendar quarter, subject to continued service, with vested units settled in SMCI common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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