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Super Micro (NASDAQ: SMCI) SVP reports RSU conversion and tax share withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Super Micro Computer SVP and Chief Accounting Officer Kenneth Cheung reported equity award activity involving restricted stock units and common stock. On February 17, 2026, he exercised or converted 2,250 restricted stock units, each representing a right to receive one share of SMCI common stock, into 2,250 common shares at a stated price of $0.00 per share.

On the same date, 927 common shares were disposed of at $30.11 per share to satisfy tax withholding and remittance obligations in connection with the net settlement of vested restricted stock units, which is described as not a market transaction. Following these transactions, Cheung directly held 58,530 shares of SMCI common stock. The filing also notes that certain restricted stock units vest in two equal tranches on February 17, 2026 and August 17, 2026, subject to continued service, with vested units settled in SMCI shares.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cheung Kenneth

(Last) (First) (Middle)
980 ROCK AVENUE

(Street)
SAN JOSE CA 95131

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Super Micro Computer, Inc. [ SMCI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
SVP, Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/17/2026 M 2,250 A (1) 59,457 D
Common Stock 02/17/2026 F(2) 927(2) D $30.11 58,530 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 02/17/2026 M 2,250 (3) (3) Common Stock 2,250 $0 2,250 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of SMCI common stock.
2. 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.
3. Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest in two equal tranches on February 17, 2026 and August 17, 2026. Vested units are settled in shares of SMCI common stock.
Remarks:
/s/ Kenneth Cheung 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did SMCI executive Kenneth Cheung report?

Kenneth Cheung reported exercising 2,250 restricted stock units into 2,250 SMCI common shares and a related tax-withholding disposition of 927 shares. These moves reflect routine equity award settlement rather than open-market buying or selling, according to the described transaction codes and footnotes.

How many Super Micro Computer (SMCI) shares does Kenneth Cheung hold after this filing?

After the reported transactions, Kenneth Cheung directly holds 58,530 shares of SMCI common stock. This reflects the net result of converting 2,250 restricted stock units into shares and the withholding of 927 shares to cover tax obligations associated with vested equity awards.

Was the 927-share SMCI disposition by Kenneth Cheung an open-market sale?

No, the 927-share disposition is described as shares withheld by SMCI to satisfy tax withholding and remittance obligations, not a market transaction. The filing notes this tax-withholding event is exempt from Section 16(b) under Rule 16b-3(e) of the Exchange Act.

What do Kenneth Cheung’s restricted stock units in SMCI represent?

Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. The filing explains that, subject to Kenneth Cheung’s continued service, certain units vest in two equal tranches on February 17, 2026 and August 17, 2026, and vested units are settled in SMCI shares.

When do Kenneth Cheung’s SMCI restricted stock units vest and how are they settled?

The filing states that, subject to continued service, the restricted stock units vest in two equal tranches on February 17, 2026 and August 17, 2026. Once vested, these units are settled in shares of SMCI common stock rather than cash, aligning compensation with the company’s equity.
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