Super Micro Computer (NASDAQ: SMCI) SVP settles RSUs, withholds shares for tax
Rhea-AI Filing Summary
Super Micro Computer, Inc. SVP Worldwide Sales Don W. Clegg reported equity award activity involving restricted stock units (RSUs) and common shares. On February 17, 2026, he acquired 1,750 RSUs, each representing a right to one SMCI common share.
He also acquired 1,750 shares of common stock through an exercise or conversion of derivative securities, bringing his direct common stock holdings to 49,059 shares afterward. In a separate transaction that same day, 716 common shares were disposed of at $30.11 per share to satisfy tax withholding obligations, which the company notes was not a market transaction.
According to the award terms, the RSUs are scheduled to vest in two equal tranches on February 17, 2026 and August 17, 2026, subject to Clegg’s continued service, with vested units settled in SMCI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,750 | $0.00 | -- |
| Exercise | Common Stock | 1,750 | $0.00 | -- |
| Tax Withholding | Common Stock | 716 | $30.11 | $22K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. 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. Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in two equal tranches on February 17, 2026 and August 17, 2026. Vested units are settled in shares of SMCI common stock.