Form 4: Super Micro Computer Director Chiu-Chu Sara Liu Reports Stock Transactions

Director Chiu-Chu Sara Liu of Super Micro Computer, Inc. reports transactions involving common stock and restricted stock units.

Summary

• On February 10, 2025, Chiu-Chu Sara Liu, a director of Super Micro Computer, Inc. (SMCI), reported several transactions.
• These transactions involved the vesting of restricted stock units (RSUs) and the subsequent disposition of shares to cover tax obligations.
• Specifically, 2,110 and 2,360 RSUs vested, resulting in the acquisition of the same number of common stock shares.
• Simultaneously, 1,249 and 1,334 shares were disposed of at a price of $42.65 to satisfy tax withholding requirements.
• Following these transactions, Liu directly owns 46,293 shares of SMCI common stock and indirectly owns 67,403,640 shares through a spouse.
• She also directly owns 19,020 and 2,370 restricted stock units.
• The RSUs vest over time, contingent upon continued service to the Issuer, and are settled in shares of SMCI common stock.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of stock transactions, with no inherent positive or negative implications for the company's performance.

Future Outlook

The reporting person's remaining restricted stock units will continue to vest over time, subject to continued service to the issuer.

Industry Context

This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the trading activities of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for directors and officers of publicly traded companies, ensuring transparency in their trading activities.
• The vesting schedules of the restricted stock units are typical for executive compensation packages in the tech industry, often tied to continued employment.
• Companies like Apple, Microsoft, and Amazon also utilize restricted stock units as part of their executive compensation plans, with similar vesting schedules.

Stakeholder Impact

• The transactions have a minimal direct impact on shareholders, as they primarily reflect the vesting of previously granted compensation.
• Employees may be interested in the details of executive compensation, but the overall impact is likely to be limited.

Key Dates