SMCI (SMCI) SVP settles 7,740 RSUs with 3,939 shares withheld for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Super Micro Computer SVP and Chief Business Officer Vikranth Malyala exercised restricted stock units and had shares withheld to pay taxes. On 2026-07-01, he converted a total of 7,740 restricted stock units into common shares, while 3,939 shares were withheld at $27.65 per share to satisfy tax obligations, which the company notes were not market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,740 shares exercised/converted
Mixed
12 txns
Insider
Malyala Vikranth
Role
SVP, Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,600 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,220 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,413 | $0.00 | -- |
| Exercise | Restricted Stock Units | 507 | $0.00 | -- |
| Exercise | Common Stock | 4,600 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,341 | $27.65 | $65K |
| Exercise | Common Stock | 1,220 | $0.00 | -- |
| Tax Withholding | Common Stock | 621 | $27.65 | $17K |
| Exercise | Common Stock | 1,413 | $0.00 | -- |
| Tax Withholding | Common Stock | 719 | $27.65 | $20K |
| Exercise | Common Stock | 507 | $0.00 | -- |
| Tax Withholding | Common Stock | 258 | $27.65 | $7K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 44,135 shares (Direct, null)
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 SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2023. Vested units are settled in shares of SMCI common stock. Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2024. Vested units are settled in shares of SMCI common stock. Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2025. Vested units are settled in shares of SMCI common stock. Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in four equal annual increments on July 1 of each year, beginning on July 1, 2026. Vested units are settled in shares of SMCI common stock.
Key Figures
RSUs converted to common stock: 7,740 shares
Shares withheld for taxes: 3,939 shares
Withholding reference price: $27.65 per share
+2 more
5 metrics
RSUs converted to common stock
7,740 shares
Exercise or conversion of restricted stock units on 2026-07-01
Shares withheld for taxes
3,939 shares
Tax-withholding dispositions at $27.65 per share
Withholding reference price
$27.65 per share
Used to value shares withheld for tax and remittance obligations
Derivative exercises
4 transactions
Code M, exercise or conversion of derivative securities
Tax-withholding transactions
4 transactions
Code F, payment of tax liability by delivering securities
Key Terms
Restricted Stock Units, Section 16(b), Rule 16b-3(e), tax withholding and remittance obligations
4 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.
Section 16(b) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(e)."
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
Rule 16b-3(e) regulatory
"Transaction exempt from Section 16(b) of the Securities Exchange Act of 1934 pursuant to Rule 16b-3(e)."
tax withholding and remittance obligations financial
"Represents shares of SMCI common stock that have been withheld by SMCI to satisfy tax withholding and remittance obligations."
FAQ
What did SMCI executive Vikranth Malyala report in this Form 4?
Vikranth Malyala reported the vesting and settlement of restricted stock units into SMCI common stock, along with share withholdings to cover tax obligations. These entries reflect compensation-related equity activity, not open-market stock purchases or sales.
Were there any open-market buys or sells of SMCI stock in this Form 4?
No open-market purchases or sales are reported. All dispositions use code F, indicating shares withheld to pay exercise or tax liabilities, which the company explicitly describes as not market transactions and exempt under Rule 16b-3(e) of the Exchange Act.
What does the Form 4 say about the vesting schedule of SMCI restricted stock units?
Footnotes state the restricted stock units vest in four equal annual installments on July 1 of each year, beginning in years such as 2023, 2024, 2025, or 2026, subject to continued service, and vested units are settled in SMCI common stock.
Does this SMCI Form 4 indicate any remaining derivative or RSU position?
The derivative summary in the provided data is empty after these transactions, and multiple RSU blocks convert fully into common stock. This suggests the specific RSU awards referenced were fully settled into shares as of the reported date.