SMCI (SMCI) CFO Weigand exercises RSUs, gets 10,000-unit grant and tax withholding
Rhea-AI Filing Summary
Super Micro Computer, Inc. SVP & CFO David E. Weigand reported routine equity compensation activity. He exercised restricted stock units into 5,000 shares of common stock and received a new grant of 10,000 restricted stock units, each representing the right to receive one SMCI share.
To cover tax withholding and remittance obligations on vested units, the company withheld 1,794 shares of common stock at $27.78 per share, which the filing states was not a market transaction. After these transactions, he directly holds 122,919 shares of common stock. The new 10,000-unit award vests in two equal tranches on June 17, 2026 and December 17, 2026, with vested units settled in SMCI shares, subject to his continued service.
Positive
- None.
Negative
- None.
Insights
Routine equity compensation, combining RSU vesting, new grant, and tax withholding.
The filing shows CFO David E. Weigand exercising 5,000 restricted stock units into common stock and receiving a new grant of 10,000 restricted stock units. These are standard compensation-related events rather than discretionary open-market trades.
The company withheld 1,794 shares at $27.78 to satisfy tax obligations on vested units, explicitly described as not a market transaction and exempt under Rule 16b-3(e). Following these entries, the CFO holds 122,919 common shares directly, indicating the transactions are modest relative to his overall reported equity stake.
The new RSU award vests in two equal tranches on June 17, 2026 and December 17, 2026, contingent on continued service. Subsequent company filings may detail future vesting events and any associated tax-withholding transactions as they occur.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 5,000 | $0.00 | -- |
| Exercise | Common Stock | 5,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,794 | $27.78 | $50K |
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 the Issuer, the restricted stock units vest in two equal tranches on June 17, 2026 and December 17, 2026. Vested units are settled in shares of SMCI common stock.