SMCI officer exercises RSUs, withholds shares for tax
Super Micro Computer executive Kenneth Cheung, SVP and Chief Accounting Officer, exercised equity awards that converted 1,250 restricted stock units into the same number of SMCI common shares on February 10, 2026.
Rhea-AI Filing Summary
Super Micro Computer executive Kenneth Cheung, SVP and Chief Accounting Officer, exercised equity awards that converted 1,250 restricted stock units into the same number of SMCI common shares on February 10, 2026. To cover tax obligations on this vesting, 515 common shares were withheld by the company at $33.33 per share, rather than sold in the market.
After these transactions, Cheung directly holds 57,207 shares of SMCI common stock and 7,500 restricted stock units, reflecting routine compensation-related activity rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,250 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 515 | $33.33 | $17K |
Footnotes (3)
- 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 restricted stock units vest at the rate of 25% of the total number of units on August 10, 2024 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
FAQ
What insider transaction did SMCI executive Kenneth Cheung report on this Form 4?
How do Kenneth Cheung’s SMCI restricted stock units vest over time?
What do the transaction codes M and F mean in Kenneth Cheung’s SMCI Form 4?
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