Super Micro Computer Inc SEC Filings

Super Micro Computer, Inc. (SMCI) reported strong top-line growth driven by demand for GPU servers and rack-scale AI solutions, with net sales up 46.6% in fiscal 2025. The company emphasized product and service expansion for AI datacenters, including compatibility with NVIDIA Hopper and Blackwell platforms, a Data Center Building Block Solutions offering, and a next-generation Direct Liquid Cooling (DLC-2) that management says can cut electricity costs up to 40% and lower TCO up to 20%. Despite revenue gains, gross margin fell to 11.1% (from 13.8%) and operating expenses rose 38.4%, contributing to a decline in net income to $1,048.9 million from $1,152.7 million. The filing discloses significant governance and reporting matters, including past delinquent SEC reports, identified material weaknesses in internal controls, and remediation costs. Balance sheet and liquidity items include convertible debt of $4,725.0 million, non-cancellable purchase commitments of $1.6 billion, and planned fiscal 2026 capital expenditures of $180–$200 million. The company highlights global operations, substantial manufacturing capacity, and concentrated supplier exposure.

Insider transaction summary for SMCI: Director Liaw Yih-Shyan Wally reported a sale of 77,963 shares of Super Micro Computer, Inc. common stock and holds direct beneficial ownership of 193,770 shares through his spouse. He and his family trust also hold 14,990,450 shares indirectly.

The filing shows issuance of 1,490 restricted stock units awarded 08/26/2025 that vest in four equal annual installments beginning 07/01/2026, with vested units settled in shares. The report was signed 08/28/2025 and reflects the reporters role as a director.

George Kao, SVP, Operations at Super Micro Computer, Inc. (SMCI), reported insider transactions dated 08/26/2025. The filing shows a disposition of 21,820 shares of SMCI common stock (Table I) and the grant of 1,231 restricted stock units (RSUs) (Table II) that convert one-for-one into common shares subject to continued service. The RSUs vest in four equal annual installments beginning July 1, 2026, and vested units are settled in SMCI common stock. The form is signed by Mr. Kao on 08/28/2025. The RSUs have an exercise/settlement price of $0 and represent contingent rights to receive shares.

George Kao, SVP, Operations of Super Micro Computer, Inc. (SMCI), reported option exercise and a contemporaneous sale on 08/22/2025. He exercised an employee stock option to acquire 40,000 shares at an exercise price of $2.695 per share and immediately sold 40,000 shares in multiple transactions at a weighted average price of $43.88 per share. Following the exercise, the filing reports 61,820 shares beneficially owned, and after the sale it reports 21,820 shares beneficially owned. The derivative table shows 80,000 employee stock options remain beneficially owned and are exercisable with an expiration noted as 08/02/2027 for the reported option. The filing discloses the sale prices ranged from $43.86 to $43.92 and that the reported option was fully vested and exercisable.

Insider sale notice: A Form 144 filed for Super Micro Computer, Inc. (SMCI) shows an intended sale of 40,000 common shares acquired by stock option exercise on 08/22/2025 and to be sold the same date through Morgan Stanley Smith Barney LLC on the NASDAQ. The filing reports an aggregate market value of $1,755,324.00 and total shares outstanding of 596,817,646. The filer states there were no securities sold in the prior three months for the account and affirms no undisclosed material information.

Angel Scott, identified as a director of Super Micro Computer, Inc. (SMCI), reported changes in beneficial ownership effective 08/08/2025. The filing shows a disposition of 1,672 shares of SMCI common stock and the grant of 5,383 restricted stock units (RSUs) tied to service in fiscal 2026. Each RSU represents a contingent right to one share and vested RSUs are settled in common stock.

The RSUs are scheduled to fully vest on June 30, 2026, with pro rata vesting if the reporting person’s service ends earlier. The report was submitted as a Form 4 by a single reporting person and signed by an attorney-in-fact.

Judy L. Lin, a director of Super Micro Computer, Inc. (SMCI), reported a disposition of 54,940 shares of common stock and a concurrent grant of 5,383 restricted stock units (RSUs) on 08/08/2025. Each RSU represents a contingent right to one share and the grant was made for service to be provided in fiscal 2026. The RSUs will fully vest on June 30, 2026, with pro rata vesting if the reporting person’s service ends earlier, and vested RSUs are settled in shares of SMCI common stock. The filing identifies the reporting person as a director and shows the RSUs held directly.

Blair Robert L, a director of Super Micro Computer, Inc. (SMCI), reported a disposal of 1,580 shares and a grant of 5,383 restricted stock units (RSUs) on 08/08/2025. The RSUs represent a contingent right to receive one share each and were granted for service to be provided in fiscal 2026. The RSUs will fully vest on June 30, 2026, with pro rata vesting if service ends earlier, and vested RSUs will be settled in shares of SMCI common stock. The Form 4 was filed by one reporting person and shows the ownership form as direct for the reported holdings.

LIU TALLY C, a director of Super Micro Computer, Inc. (SMCI), reported a notable change in holdings on 08/08/2025. The filing shows a disposal of 285,300 shares of SMCI common stock and simultaneous grants consisting of 2,691 restricted stock units (RSUs) and 4,524 stock options. The RSUs represent contingent rights to receive one share each and will fully vest on June 30, 2026, with pro rata vesting if service ends earlier; vested RSUs settle in shares. The stock options carry an exercise price listed as $44.60, were granted for service in fiscal 2026, will fully vest and become exercisable on June 30, 2026, and include an expiration date shown as 08/08/2030.

The report identifies the reporting person as a director and discloses both a large disposition and new equity awards tied to future service, providing transparent detail on the timing, quantities, and vesting conditions of the awards.