Super Micro Computer (SMCI) VP details RSU conversions and 1,075-share tax withholding
Rhea-AI Filing Summary
Super Micro Computer, Inc. senior officer Jin Xiao reported equity compensation activity involving restricted stock units (RSUs) on August 10, 2026. RSUs covering 1,970 and 1,024 shares of common stock were exercised/converted into the same number of common shares. Of the resulting shares, 707 and 368 shares of common stock were withheld at $31.46 per share to satisfy tax withholding and remittance obligations in a non-market transaction. A separate indirect holding of 53 common shares is reported as held by the reporting person’s spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,919 shares
Net Buy
7 txns
Insider
Xiao Jin
Role
Sr. Corporate VP, Engineering
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,970 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F1, F4 | 1,024 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,970 | -- | -- |
| Tax Withholding | Common Stock F2 | 707 | $31.46 | $22K |
| Exercise | Common Stock F1 | 1,024 | -- | -- |
| Tax Withholding | Common Stock F2 | 368 | $31.46 | $12K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 17,180 shares (Direct);
Common Stock — 192,022 shares (Direct);
Common Stock — 53 shares (Indirect, By Spouse)
Footnotes (4)
- 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 May 10, 2024 and 1/16th at the end of each three-month period thereafter. Vested units are settled in shares of SMCI common stock.
- F4. 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 May 10, 2026 and 1/16th at the end of each three-month period thereafter. Vested units are settled in shares of SMCI common stock.
Key Figures
RSUs converted (1st grant): 1,970 shares
RSUs converted (2nd grant): 1,024 shares
Shares withheld for taxes (1st): 707 shares
+3 more
6 metrics
RSUs converted (1st grant)
1,970 shares
Restricted Stock Units converted into SMCI common stock on August 10, 2026
RSUs converted (2nd grant)
1,024 shares
Restricted Stock Units converted into SMCI common stock on August 10, 2026
Shares withheld for taxes (1st)
707 shares
Common stock withheld to satisfy tax obligations at $31.46 per share
Shares withheld for taxes (2nd)
368 shares
Common stock withheld to satisfy tax obligations at $31.46 per share
Tax withholding price
$31.46 per share
Price applied to 707 and 368 common shares withheld for tax obligations
Indirect holdings by spouse
53 shares
Indirect ownership of SMCI common stock reported as held by spouse
Key Terms
Restricted Stock Units, net settlement, tax withholding and remittance obligations, Rule 16b-3(e)
4 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
"in connection with the net settlement of vested restricted stock units"
tax withholding and remittance obligations financial
"to satisfy tax withholding and remittance obligations in connection with the net settlement"
Rule 16b-3(e) regulatory
"Transaction exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did SMCI insider Jin Xiao report in this Form 4 filing?
Jin Xiao reported RSU conversions into 1,970 and 1,024 SMCI common shares and related tax-withholding dispositions of 707 and 368 shares on August 10, 2026.
Were Jin Xiao’s SMCI Form 4 transactions open-market buys or sells?
The filing describes RSU exercises/conversions and share withholding to cover tax obligations. Footnotes state the tax-related transactions were not market transactions and are exempt under Rule 16b-3(e).
What vesting terms apply to Jin Xiao’s SMCI restricted stock units?
One RSU grant vests 25% on May 10, 2024 and 1/16 each three months thereafter; another vests 25% on May 10, 2026 and then 1/16 quarterly, in each case subject to continued service.
What indirect SMCI holdings by Jin Xiao are disclosed in this Form 4?
The Form 4 lists an indirect holding of 53 SMCI common shares described as held "By Spouse". This is reported separately from the direct RSU-related transactions.