Super Micro Computer (SMCI) grants stock awards to accounting chief
Rhea-AI Filing Summary
Super Micro Computer, Inc. reported compensation-related equity awards for SVP and Chief Accounting Officer Kenneth Cheung. He received 13,718 restricted stock units and an option for 30,486 shares of common stock with an exercise price of $58.63 per share.
The option expires on July 29, 2035 and vests over time, with one quarter vesting on July 29, 2026 and the remainder quarterly thereafter, subject to continued service. The restricted stock units vest 25% on August 10, 2026 and then quarterly, and each unit represents a contingent right to one share of common stock. After these transactions, Cheung directly held 59,331 shares of common stock. The company noted that this Form 4 was filed late due to an inadvertent administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Cheung Kenneth
Role
SVP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 30,486 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 13,718 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (right to buy) — 30,486 shares (Direct);
Restricted Stock Units — 13,718 shares (Direct);
Common Stock — 59,331 shares (Direct)
Footnotes (4)
- F1. This Form 4 is being filed late due to an inadvertent administrative error. The transaction reported herein occurred on July 29, 2025 and was not timely reported.
- F2. 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 July 29, 2026, and 1/16th at the end of each successive calendar quarter thereafter.
- F3. Each restricted stock unit represents a contingent right to receive one share of SMCI common stock.
- 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 August 10, 2026 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
Key Figures
Restricted stock units granted: 13,718 units
Stock options granted: 30,486 options
Option exercise price: $58.63 per share
+4 more
7 metrics
Restricted stock units granted
13,718 units
Grant to Kenneth Cheung on July 29, 2025
Stock options granted
30,486 options
Employee stock option grant on July 29, 2025
Option exercise price
$58.63 per share
Employee stock option on SMCI common stock
Option expiration date
July 29, 2035
Employee stock option term
Common shares held after transaction
59,331 shares
Direct holdings following reported transactions
RSU initial vesting
25% on August 10, 2026
First vesting date for RSU grant
Option initial vesting
1/4 of shares on July 29, 2026
First vesting date for option grant
Key Terms
Restricted Stock Units, Employee Stock Option (right to buy), contingent right, vest, +2 more
6 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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 (right to buy) financial
"security_title: "Employee Stock Option (right to buy)""
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"the total number of shares subject to the option shall vest and become exercisable"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
exercisable financial
"shall vest and become exercisable at the rate of 1/4th of the shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SMCI report for Kenneth Cheung on this Form 4?
SMCI reported equity awards for Kenneth Cheung, its SVP and Chief Accounting Officer. He received 13,718 restricted stock units and an option for 30,486 shares of common stock as part of his compensation package, not open-market trading.
How many restricted stock units did SMCI grant to Kenneth Cheung (SMCI)?
SMCI granted Kenneth Cheung 13,718 restricted stock units. Each unit represents a contingent right to receive one share of SMCI common stock, with the grant vesting over several years based on his continued service to the company.
What stock options did Kenneth Cheung (SMCI) receive and at what exercise price?
Kenneth Cheung received an employee stock option covering 30,486 shares of SMCI common stock. The option has an exercise price of $58.63 per share and an expiration date of July 29, 2035, subject to a multi-year vesting schedule.
What is the vesting schedule for Kenneth Cheung’s SMCI stock options and RSUs?
The option vests 1/4 of the shares on July 29, 2026, then 1/16 each quarter. The restricted stock units vest 25% on August 10, 2026, then 1/16 each quarter, all conditioned on his continued service to SMCI.
Was the SMCI Form 4 for Kenneth Cheung filed late and why?
Yes. A footnote states the Form 4 was filed late because of an inadvertent administrative error. The underlying transactions occurred on July 29, 2025 and were not reported to the SEC within the required timeframe.