Super Micro director sells 200K shares at $36–40
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Super Micro Computer, Inc. (SMCI) discloses that director and more-than-10% owner Liu Liang Chiu-Chu Sara sold a total of 200,000 shares of common stock in broker-assisted transactions on September 3 and September 4, 2026, under a Rule 10b5-1 trading plan adopted on May 26, 2026.
The sales included 42,565 shares at a weighted average price of $36.60, 57,435 shares at $37.62, and 100,000 shares at $40.00. She also reports indirect ownership of 40,426,120 shares held by her spouse and 25,332,520 shares held through a joint account with her spouse as of September 3, 2026.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 200,000 shares
Net Sell
5 txns
Insider
Liu Liang Chiu-Chu Sara
Role
Director, 10% Owner
Sold
200,000 shs ($7.72M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F4 | 100,000 | $40.00 | $4.00M |
| Sale | Common Stock F1, F2 | 42,565 | $36.60 | $1.56M |
| Sale | Common Stock F1, F3 | 57,435 | $37.62 | $2.16M |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 437,506 shares (Direct);
Common Stock — 40,426,120 shares (Indirect, By Spouse);
Common Stock — 25,332,520 shares (Indirect, By Joint Account w/ Spouse)
Footnotes (4)
- F1. The broker-assisted sales transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 26, 2026 during the Company's open window period (the "Trading Plan").
- F2. The price reported here is a weighted average price. The shares were sold in multiple transactions at prices ranging from $36.00 to $36.99, inclusive. The Reporting Person undertakes to provide to Super Micro Computer, Inc., any security holder of Super Micro Computer, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F3. The price reported here is a weighted average price. The shares were sold in multiple transactions at prices ranging from $37.125 to $38.025, inclusive. The Reporting Person undertakes to provide to Super Micro Computer, Inc., any security holder of Super Micro Computer, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F4. The price reported here is a weighted average price. The shares were sold in multiple transactions at prices ranging from $40.00 to $40.01, inclusive. The Reporting Person undertakes to provide to Super Micro Computer, Inc., any security holder of Super Micro Computer, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold September 4, 2026: 100,000 shares
Shares sold September 3, 2026 at $36.60: 42,565 shares
Shares sold September 3, 2026 at $37.62: 57,435 shares
+4 more
7 metrics
Shares sold September 4, 2026
100,000 shares
Sale of SMCI common stock at $40.00 per share in broker-assisted transactions
Shares sold September 3, 2026 at $36.60
42,565 shares
Weighted average price $36.60 with trade prices between $36.00 and $36.99
Shares sold September 3, 2026 at $37.62
57,435 shares
Weighted average price $37.62 with trade prices between $37.125 and $38.025
Total shares sold
200,000 shares
Aggregate of three sale transactions reported in the Form 4
Indirect holdings by spouse
40,426,120 shares
SMCI common stock reported as indirectly owned through spouse as of September 3, 2026
Indirect holdings by joint account
25,332,520 shares
SMCI common stock reported as indirectly owned through joint account with spouse as of September 3, 2026
Rule 10b5-1 plan adoption date
May 26, 2026
Date the trading plan governing these broker-assisted sales was adopted
Key Terms
Rule 10b5-1 trading plan, broker-assisted sales transactions, weighted average price
3 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
broker-assisted sales transactions financial
"The broker-assisted sales transactions reported in this Form 4 were effected pursuant"
weighted average price financial
"The price reported here is a weighted average price. The shares were sold"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SMCI report for Liu Liang Chiu-Chu Sara?
SMCI reported that Liu Liang Chiu-Chu Sara sold 200,000 shares of common stock in broker-assisted transactions on September 3 and 4, 2026, through open market or private sales at weighted average prices between $36.60 and $40.00.
Was the SMCI insider trading under a Rule 10b5-1 plan?
Yes. The filing states the broker-assisted sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 26, 2026, during the company’s open window period.
What role does the reporting person hold at SMCI?
The reporting person, Liu Liang Chiu-Chu Sara, is identified as a director of Super Micro Computer, Inc. and a more-than-10% owner of the company’s common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
