Form 4: Director Judy L. Lin Reports Stock Transaction in Super Micro Computer, Inc.
SEC Form 4
Judy L. Lin, a director of Super Micro Computer, Inc., reports the vesting and settlement of restricted stock units into common stock on June 30, 2024.
Summary
- On June 30, 2024, Judy L. Lin, a director at Super Micro Computer, Inc. (SMCI), had restricted stock units vest and settle.
- A total of 473 shares of common stock were acquired upon the vesting of these restricted stock units.
- Following the transaction, Ms. Lin directly owns 5,336 shares of SMCI common stock.
- The restricted stock units were granted for service in fiscal year 2024 and fully vested on June 30, 2024.
- Vested units are settled in shares of common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a standard disclosure of a director's stock transaction related to vested equity compensation.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors. It's a standard practice for publicly traded companies and their executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a routine vesting of previously granted equity compensation.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: Restricted stock units vested and settled into common stock. |
| 07/02/2024 | Date of report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.