Form 4: Super Micro Computer CFO David Weigand Reports Stock Unit Grant

David Weigand, CFO of Super Micro Computer, reports the acquisition of 13,000 restricted stock units.

Summary

• On October 30, 2024, David E. Weigand, the SVP and Chief Financial Officer of Super Micro Computer, Inc. (SMCI), reported a transaction involving restricted stock units.
• Weigand acquired 13,000 restricted stock units, each representing a contingent right to receive one share of SMCI common stock.
• These restricted stock units vest 100% on October 30, 2025, subject to Weigand's continued service to the company.
• The reported holdings of common stock is 147,170 shares.
• The common stock holdings were adjusted to reflect a ten-for-one forward split of the Issuer's common stock effective after market close on September 30, 2024.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing indicating standard executive compensation practices. It doesn't contain information that would drastically alter investor sentiment, but the alignment of executive interests with shareholders is generally viewed positively.

Positives

• The grant of restricted stock units to the CFO aligns his interests with those of the shareholders, incentivizing him to contribute to the company's long-term success.

Future Outlook

The restricted stock units will vest on October 30, 2025, subject to the Reporting Person's continued service to the Issuer.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders.

Stakeholder Impact

• Shareholders may view the grant of restricted stock units positively as it aligns management's interests with the company's long-term performance.

Key Dates