SMCI (SMCI) director Tally C. Liu converts 2,691 restricted stock units to shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Super Micro Computer, Inc. director Tally C. Liu exercised restricted stock units into common shares. On June 30, 2026, Liu converted 2,691 restricted stock units into 2,691 shares of common stock, reflecting the vesting of equity granted for continued service in fiscal 2026.
The restricted stock units fully vested on June 30, 2026 and were settled in shares of Super Micro common stock. After this derivative exercise, Liu directly holds 288,738 shares of common stock. The filing does not show any share sales, only the conversion of vested units into stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,691 shares exercised/converted
Mixed
2 txns
Insider
LIU TALLY C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,691 | $0.00 | -- |
| Exercise | Common Stock | 2,691 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 288,738 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. The restricted stock units were granted with respect to the Reporting Person's continued service to SMCI in fiscal 2026. The restricted stock units fully vested on June 30, 2026. Vested units are settled in shares of common stock.
Key Figures
RSUs exercised: 2,691 units
Common shares acquired: 2,691 shares
Post-transaction holdings: 288,738 shares
+2 more
5 metrics
RSUs exercised
2,691 units
Restricted stock units converted to common stock on June 30, 2026
Common shares acquired
2,691 shares
Shares received from RSU vesting and settlement
Post-transaction holdings
288,738 shares
Common stock directly held by Tally C. Liu after transaction
Exercise transactions
1 transaction
Derivative exercise/conversion events in this Form 4
Exercise shares (summary)
2,691 shares
ExerciseShares reported in transactionSummary
Key Terms
Restricted Stock Units, derivative security, contingent right, continued service
4 terms
Restricted Stock Units financial
"The restricted stock units fully vested on June 30, 2026."
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
continued service financial
"granted with respect to the Reporting Person's continued service to SMCI in fiscal 2026"
FAQ
What insider transaction did SMCI director Tally C. Liu report on this Form 4?
Tally C. Liu reported exercising 2,691 restricted stock units into 2,691 common shares. The units represented equity compensation that vested based on continued service and were settled in Super Micro Computer common stock on June 30, 2026.
What are the terms of the SMCI restricted stock units reported by Tally C. Liu?
Each restricted stock unit represents a contingent right to receive one SMCI common share. The units were granted in connection with Liu’s continued service in fiscal 2026 and fully vested on June 30, 2026, at which point vested units were settled in common shares.
How is the June 30, 2026 SMCI insider transaction classified on the Form 4?
The June 30, 2026 transaction is classified under code M as an exercise or conversion of a derivative security. It reflects the conversion of 2,691 restricted stock units into an equal number of common shares, an acquisition event rather than an open-market purchase or sale.