Super Micro (NASDAQ: SMCI) director exercises options, lifts direct stake

Rhea-AI Filing Summary

Super Micro Computer, Inc. director and ten percent owner Liu Liang Chiu-Chu Sara exercised employee stock options into 20,980 shares of common stock on February 27, 2026. The options converted at an exercise price of $4.235 per share, increasing her directly held common stock to 630,780 shares. Additional indirect holdings include 40,426,120 shares held by her spouse and 25,672,520 shares held through a joint account with her spouse. Footnotes note that the option grant, originally issued on April 27, 2021, was fully vested and had been adjusted for a ten-for-one forward stock split effective September 30, 2024.

Insights

Equity compensation and insider activity analyst

Routine option exercise adds shares to an already large insider stake.

The filing shows Liu Liang Chiu-Chu Sara exercising options into 20,980 Super Micro Computer common shares at an exercise price of $4.235 per share. This is a derivative exercise, not an open-market purchase or sale, and the options were already fully vested.

After the transaction, direct holdings rise to 630,780 shares, while indirect positions total 40,426,120 shares via her spouse and 25,672,520 shares in a joint account. Footnotes indicate the option was equitably adjusted for a ten-for-one split effective September 30, 2024, underscoring that this is primarily an administrative reflection of existing equity awards rather than a new directional bet.

Insider Trade Summary

20,980 shares exercised/converted

Mixed 4 txns

Insider Liu Liang Chiu-Chu Sara

Role Director, 10% Owner

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	20,980	$0.00	--
Exercise	Common Stock	20,980	$4.235	$89K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (right to buy) — 0 shares (Direct); Common Stock — 630,780 shares (Direct); Common Stock — 40,426,120 shares (Indirect, By Spouse)

Footnotes (1)

1. This option was previously reported as covering 10x fewer shares at a 10x greater exercise price, but was equitably adjusted in connection with the ten-for-one forward split, effective on September 30, 2024. This stock option was granted on April 27, 2021. It is fully vested and exercisable.

Form 4 Insider Transactions: What Each Field Means →

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^*

Liu Liang Chiu-Chu Sara

(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)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		M		20,980	A	$4.235	630,780	D
Common Stock								40,426,120	I	By Spouse
Common Stock								25,672,520	I	By Joint Account w/ Spouse

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
Employee Stock Option (right to buy)	$4.235(1)	02/27/2026		M			20,980(1)	(2)	04/27/2026	Common Stock	20,980(1)	$0	0	D

Explanation of Responses:

1. This option was previously reported as covering 10x fewer shares at a 10x greater exercise price, but was equitably adjusted in connection with the ten-for-one forward split, effective on September 30, 2024.

2. This stock option was granted on April 27, 2021. It is fully vested and exercisable.

Remarks:

	/s/ David E Weigand, Attorney-In-Fact	03/03/2026
	** 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 transaction did SMCI director Liu Liang Chiu-Chu Sara report?

She reported exercising employee stock options into 20,980 shares of Super Micro Computer common stock. This derivative exercise occurred on February 27, 2026, converting fully vested options into shares rather than reflecting an open-market buy or sell transaction.

At what price were the SMCI options exercised in this Form 4 filing?

The options were exercised at an exercise price of $4.235 per share into 20,980 shares of Super Micro Computer common stock. The filing classifies this as an exercise or conversion of a derivative security, not a standard market purchase.

How many SMCI shares does Liu Liang Chiu-Chu Sara own directly after the transaction?

After the option exercise, she directly owns 630,780 shares of Super Micro Computer common stock. This reflects only her direct holdings; substantial additional shares are reported as indirectly owned through her spouse and a joint account with her spouse.

What indirect SMCI shareholdings are reported for Liu Liang Chiu-Chu Sara?

The Form 4 reports 40,426,120 shares of Super Micro Computer common stock held indirectly by her spouse and 25,672,520 shares held through a joint account with her spouse. These positions are classified as indirect ownership interests in the filing.

How did SMCI’s ten-for-one stock split affect this reported option grant?

The filing notes the option was previously reported over 10x fewer shares at a 10x higher exercise price. It was equitably adjusted in connection with Super Micro Computer’s ten-for-one forward split effective September 30, 2024, keeping the grant’s economic value consistent.

When was the SMCI stock option originally granted and what is its vesting status?

The employee stock option was originally granted on April 27, 2021, and is described as fully vested and exercisable. The February 27, 2026 transaction reflects the exercise of this existing grant rather than the issuance of a new option award.