Super Micro (NASDAQ: SMCI) CFO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Super Micro Computer SVP and Chief Financial Officer David E. Weigand reported equity compensation activity involving restricted stock units and common shares. On February 10, 2026, he acquired 2,670 and 1,480 shares of SMCI common stock through RSU conversions at an exercise price of $0.
To cover tax obligations on these vestings, 1,100 and 609 shares of common stock were withheld at $33.33 per share, characterized as tax-withholding dispositions rather than open-market trades. Following these transactions, he directly held 111,079 shares of common stock and 13,380 restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,150 shares exercised/converted
Mixed
6 txns
Insider
WEIGAND DAVID E
Role
SVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,670 | $0.00 | -- |
| Exercise | Restricted Stock Units | 1,480 | $0.00 | -- |
| Exercise | Common Stock | 2,670 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,100 | $33.33 | $37K |
| Exercise | Common Stock | 1,480 | $0.00 | -- |
| Tax Withholding | Common Stock | 609 | $33.33 | $20K |
Holdings After Transaction:
Restricted Stock Units — 2,680 shares (Direct);
Common Stock — 111,308 shares (Direct)
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, 2023 and 1/16th at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock. 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, 2025 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 transactions did SMCI CFO David Weigand report on February 10, 2026?
He reported RSU conversions into SMCI common stock and related tax share withholding. Specifically, 2,670 and 1,480 RSUs converted at $0, with 1,100 and 609 shares withheld at $33.33 to satisfy tax obligations.
Were David Weigands SMCI transactions open-market stock sales?
No, the filing states the shares were withheld to satisfy tax obligations from vested restricted stock units. These are described as tax-withholding dispositions, not market sales, and are exempt from Section 16(b) under Rule 16b-3(e).
How many restricted stock units in SMCI does David Weigand still own?
He beneficially owns 13,380 restricted stock units after the February 10, 2026 transactions. Each restricted stock unit represents a contingent right to receive one share of SMCI common stock upon vesting and settlement.
What are the key vesting terms for David Weigands SMCI restricted stock units?
One RSU grant vests 25% on May 10, 2023, then 1/16 each calendar quarter; another vests 25% on May 10, 2025, then 1/16 quarterly. Vesting requires continued service and is settled in SMCI common stock.
What transaction codes appear in SMCI CFO David Weigands Form 4?
The Form 4 uses code M for RSU conversions into common stock and code F for shares withheld to pay taxes. Code M reflects derivative exercises, while code F covers tax-liability payments by delivering shares.