Form 4: Super Micro Computer Insider Trades
Statement of Changes in Beneficial Ownership
Kenneth Cheung, SVP and Chief Accounting Officer of Super Micro Computer, Inc., reported transactions involving restricted stock units and common stock.
Summary
- Kenneth Cheung, SVP and Chief Accounting Officer of Super Micro Computer, Inc. (SMCI), reported transactions on May 10, 2026.
- He acquired 1,250 shares of common stock through the settlement of restricted stock units.
- Additionally, 449 shares of common stock were withheld by the company to cover tax obligations related to the vesting of restricted stock units.
- Following these transactions, Mr. Cheung beneficially owns 59,331 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine executive compensation and tax-related share withholding rather than a significant strategic event or market-moving transaction.
Positives
- Acquisition of 1,250 shares of common stock by a key executive, indicating continued commitment or compensation.
- Vesting of restricted stock units suggests the executive has met service-based vesting conditions.
Negatives
- Withholding of 449 shares for tax purposes, reducing the net number of shares received by the executive.
Future Outlook
The filing details the vesting schedule for restricted stock units, with 25% vesting on August 10, 2024, and the remainder vesting in 1/16th increments at the end of each successive calendar quarter thereafter. Vested units are settled in shares of SMCI common stock.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive compensation and stock ownership within the technology sector, particularly for companies like Super Micro Computer involved in hardware and cloud infrastructure.
Stakeholder Impact
- Shareholders: Increased transparency into executive compensation and stock ownership.
- Employees: Indicates continued incentive structures for key personnel.
- Management: Reflects standard compensation practices and tax management for executives.
Next Steps
- Continued vesting of restricted stock units as per the schedule.
- Settlement of vested units in shares of SMCI common stock.
Key Dates
| Date | Description |
|---|---|
| 05/10/2026 | Transaction Date for acquisition of common stock and withholding for taxes. |
| 08/10/2024 | Initial vesting date for 25% of the total number of restricted stock units. |
| 05/12/2026 | Date of signature for the filing. |
Keywords
SEC Form 4, Insider Trading, Super Micro Computer, SMCI, Restricted Stock Units, Common Stock, Executive Compensation, Beneficial Ownership
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