Form 4: Super Micro Computer SVP, Chief Accounting Officer Kenneth Cheung Reports Stock Transactions

Kenneth Cheung, SVP, Chief Accounting Officer of Super Micro Computer, Inc., reports transactions involving common stock and restricted stock units.

Summary

• On May 10, 2025, Kenneth Cheung, SVP, Chief Accounting Officer of Super Micro Computer, Inc. (SMCI), reported transactions involving SMCI's common stock and restricted stock units.
• Cheung acquired 1,620 shares of common stock through the vesting of restricted stock units and disposed of 580 shares to cover tax obligations at a price of $31.99 per share, resulting in a holding of 52,450 shares.
• Additionally, Cheung acquired 1,250 shares of common stock through the vesting of restricted stock units and disposed of 448 shares to cover tax obligations at a price of $31.99 per share, resulting in a holding of 53,252 shares.
• Following these transactions, Cheung directly owns 53,252 shares of SMCI common stock.
• Cheung also holds 1,620 restricted stock units that vest at a rate of 25% on August 10, 2022, and 1/16th at the end of each successive calendar quarter thereafter, and 11,250 restricted stock units that vest at a rate of 25% on August 10, 2024, and 1/16th at the end of each successive calendar quarter thereafter.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and related to compensation. There is no indication of unusual or concerning activity.

Positives

• The vesting of restricted stock units indicates a form of compensation and alignment of interests between the executive and the company's performance.

Negatives

• The disposal of shares to cover tax obligations, while common, represents a slight reduction in the executive's direct holdings.

Risks

• Significant stock sales by insiders could be perceived negatively by the market, although sales to cover tax obligations are generally viewed as routine.

Future Outlook

The reporting person will continue to vest in restricted stock units over time, subject to continued service with the issuer.

Industry Context

Insider trading activity is closely monitored by investors as it can provide insights into management's perspective on the company's performance and future prospects. Form 4 filings are a routine part of this monitoring.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies and their insiders.
• The vesting schedules of restricted stock units are typical compensation mechanisms used across the technology industry to incentivize and retain key personnel.
• Companies like Apple, Microsoft, and Amazon also have executives who regularly file Form 4s related to stock options and restricted stock units.

Stakeholder Impact

• The transactions are unlikely to have a significant impact on stakeholders, as they are routine and related to executive compensation.

Key Dates

Keywords

SMCI, Super Micro Computer, insider trading, Form 4, restricted stock units, Kenneth Cheung, stock options, beneficial ownership