Super Micro Computer (SMCI) CFO exercises 1,480 RSUs and withholds 754 shares for taxes
Rhea-AI Filing Summary
Super Micro Computer, Inc. SVP and Chief Financial Officer David E. Weigand reported the exercise of 1,480 restricted stock units, which converted into an equal number of shares of common stock. Of these, 754 shares were withheld at $31.46 per share to satisfy tax withholding obligations in a transaction characterized as a tax-related share delivery rather than a market sale. Following the derivative transaction, Weigand held 10,410 restricted stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 726 shares
Net Buy
3 txns
Insider
WEIGAND DAVID E
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 1,480 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,480 | -- | -- |
| Tax Withholding | Common Stock F2 | 754 | $31.46 | $24K |
Holdings After Transaction:
Restricted Stock Units — 10,410 shares (Direct);
Common Stock — 131,538 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 May 10, 2025 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 exercised: 1,480 units
Shares withheld for taxes: 754 shares
Tax withholding price: $31.46 per share
+1 more
4 metrics
RSUs exercised
1,480 units
Restricted stock units converted into common stock on 2026-08-10
Shares withheld for taxes
754 shares
Common stock withheld to satisfy tax obligations on 2026-08-10
Tax withholding price
$31.46 per share
Price applied to 754 withheld shares for tax withholding
RSUs held after transaction
10,410 units
Restricted stock units directly held by David Weigand following the derivative transaction
Key Terms
Restricted Stock Units, net settlement, Rule 16b-3(e)
3 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"
Rule 16b-3(e) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(e)"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SMCI CFO David Weigand report on this Form 4?
David Weigand reported exercising 1,480 restricted stock units, converting them into common shares. A portion of these shares was then withheld to cover tax obligations associated with the vesting.
How many SMCI restricted stock units does David Weigand hold after this Form 4 transaction?
After the reported derivative transaction, David Weigand directly holds 10,410 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Super Micro Computer, Inc. common stock.
Was David Weigand’s SMCI Form 4 transaction executed under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan. The transactions involve RSU vesting and tax withholding, and the available disclosures do not indicate use of a pre-arranged trading plan.
Does the SMCI Form 4 indicate a market sale by CFO David Weigand?
The Form 4 states that the 754 withheld shares represent tax withholding in a non-market transaction. The disposition is characterized as satisfying tax obligations, not as an open-market sale of SMCI shares.