Super Micro Computer (SMCI) CFO nets shares after RSU vesting
Rhea-AI Filing Summary
Super Micro Computer, Inc. SVP and Chief Financial Officer David E. Weigand reported equity award activity involving restricted stock units and common shares. On February 17, 2026, he exercised 6,500 restricted stock units, converting them into 6,500 shares of common stock at a stated price of $0.0000 per share. To cover related tax obligations, 2,333 common shares were withheld by the company at $30.1100 per share, described as a tax-withholding disposition rather than a market transaction. Following these events, he directly owned 115,246 shares of common stock. Footnotes state that each restricted stock unit represents one share of common stock and that the units vest in two equal tranches on February 17, 2026 and August 17, 2026, subject to his continued service, with vested units settled in common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,500 | $0.00 | -- |
| Exercise | Common Stock | 6,500 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,333 | $30.11 | $70K |
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.