SMCI insider: 2,110 RSUs vested; 1,137 shares withheld for taxes
Rhea-AI Filing Summary
Super Micro Computer (SMCI) reported an insider transaction on a Form 4. A director and 10% owner had restricted stock units vest on 11/10/2025, resulting in the acquisition of 2,110 shares via code M. To cover taxes, 1,137 shares were withheld by the company at $40.19 per share under code F.
After these transactions, the reporting person beneficially owns 607,399 shares (direct), plus 40,426,120 shares (by spouse) and 25,677,520 shares (by joint account with spouse). The person also holds 12,680 RSUs as derivative securities. The RSUs vest at 25% on May 10, 2024 and 1/16 each quarter thereafter, with vested units settled in SMCI common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,110 | $0.00 | -- |
| Exercise | Common Stock | 2,110 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,137 | $40.19 | $46K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of SMCI common stock. 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. 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 May 10, 2024 and 1/16th of the total number of units at the end of each of the successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
FAQ
What did SMCI’s insider report on Form 4?
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