Form 4: Super Micro Computer Director Liu Liang Chiu-Chu Sara Reports Stock Transactions
SEC Form 4 Filing
Director Liu Liang Chiu-Chu Sara reported transactions involving Super Micro Computer (SMCI) common stock, including the vesting and disposal of restricted stock units.
Summary
- On August 10, 2024, Director Liu Liang Chiu-Chu Sara executed multiple transactions involving Super Micro Computer (SMCI) common stock.
- These transactions included the vesting of 236 restricted stock units (RSUs) and the disposal of 127 shares to cover tax obligations at a price of $508.76 per share.
- Additionally, 211 RSUs vested, and 114 shares were disposed of for tax purposes at the same price.
- Following these transactions, the director directly owns 4,234 shares and indirectly owns 6,666,417 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a routine filing related to stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides transparency into insider trading activities.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company insiders as it can provide insights into management's view of the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 08/10/2024 | Date of earliest transaction (vesting of restricted stock units and disposal of shares for tax obligations). |
| 08/13/2024 | Date of signature by Attorney-In-Fact. |
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