SMCI SVP granted RSUs and stock options
Super Micro Computer SVP Don W. Clegg reported compensation-related equity activity.
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Form Type
4
Rhea-AI Filing Summary
Super Micro Computer SVP Don W. Clegg reported compensation-related equity activity. On May 8, 2026, he received grants of 5,598 Restricted Stock Units and 12,440 employee stock options with a $35.37 exercise price, each vesting over time subject to continued service. On May 10, 2026, he exercised previously granted RSUs into 2,310 common shares, and 829 shares were withheld by the company to cover tax obligations, which the footnotes state are not market transactions.
Insider Trade Summary
2,310 shares exercised/converted
Exercise
8 txns
Insider
CLEGG DON W
Role
SVP, Worldwide Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,020 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,290 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,020 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 366 | $35.37 | $13K |
| Exercise | Common Stock | 1,290 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 463 | $35.37 | $16K |
| Grant/Award | Employee Stock Option (right to buy) | 12,440 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 5,598 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (right to buy) — 12,440 contracts (Direct);
Restricted Stock Units — 15,898 contracts (Direct);
Common Stock — 50,540 shares (Direct)
Footnotes (6)
- 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 total number of shares subject to the option shall vest and become exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date on May 8, 2027, and 1/16th at the end of each successive calendar quarter thereafter.
- 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, 2027 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
- F5. 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, 2023 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
- F6. 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 successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
Key Figures
RSUs granted: 5,598 units
Options granted: 12,440 options
Option exercise price: $35.37/share
+3 more
6 metrics
RSUs granted
5,598 units
Restricted Stock Units awarded on May 8, 2026
Options granted
12,440 options
Employee stock options awarded on May 8, 2026
Option exercise price
$35.37/share
Conversion or exercise price of new options
RSUs exercised
2,310 shares
Derivative exercises (M code) into common stock on May 10, 2026
Tax withholding shares
829 shares
Shares withheld to satisfy tax obligations on May 10, 2026
Option expiration
May 8, 2036
Expiration date for 12,440 employee stock options
Key Terms
Restricted Stock Units, Employee Stock Option, Section 16(b) of the Securities Exchange Act of 1934, Rule 16b-3(e), +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share of SMCI common stock."
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.
Employee Stock Option financial
"Employee Stock Option (right to buy) with an exercise price of 35.3700 and expiration date of 2036-05-08."
An employee stock option is a promise that lets a worker buy company shares later at a predetermined price, often after they stay for a certain period or meet performance goals — think of it like a coupon that locks in today's price for a future purchase. It matters to investors because options align employees’ incentives with company performance, can increase the number of shares outstanding (dilution) when exercised, and represent a compensation cost that affects reported profits and shareholder value.
Section 16(b) of the Securities Exchange Act of 1934 regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(e)."
Rule 16b-3(e) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(e) promulgated under the Act."
vesting commencement date financial
"The total number of shares subject to the option shall vest and become exercisable at the rate of 1/4th on the first anniversary of the vesting commencement date on May 8, 2027."
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did SMCI executive Don W. Clegg report in this Form 4?
Don W. Clegg reported new equity compensation and related settlements. He received grants of restricted stock units and employee stock options, then exercised previously granted RSUs into common shares, with part of the shares withheld by Super Micro Computer to satisfy associated tax obligations.
How many RSUs did SMCI grant to Don W. Clegg in this filing?
Super Micro Computer granted Don W. Clegg 5,598 Restricted Stock Units. According to the footnotes, these RSUs vest 25% on May 10, 2027, with the remaining units vesting in equal quarterly installments thereafter, contingent on his continued service, and settle in shares of SMCI common stock.
What stock options were granted to Don W. Clegg by SMCI?
Clegg was granted 12,440 employee stock options with a conversion or exercise price of $35.37 per share. Vesting starts May 8, 2027, with 25% on the first anniversary and the rest quarterly, and the options expire on May 8, 2036, subject to continued service.
How do the new SMCI equity awards to Don W. Clegg vest over time?
Both the new RSUs and options vest over multiple years. Each awards 25% after one year from the specified commencement dates, then 1/16th of the total at the end of each successive calendar quarter, conditioned on Clegg’s continued service with Super Micro Computer.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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