Form 4: Super Micro Computer SVP Don W. Clegg Reports Stock Transactions
SEC Form 4 Filing
Don W. Clegg, SVP of Worldwide Sales at Super Micro Computer, Inc., reports transactions involving common stock and restricted stock units.
Summary
- On May 10, 2024, Don W. Clegg, SVP of Worldwide Sales at Super Micro Computer, Inc. (SMCI), reported transactions involving SMCI's common stock.
- Clegg acquired 102 shares of common stock through the vesting of restricted stock units.
- He also disposed of 52 shares to cover tax obligations at a price of $798.5 per share.
- Additionally, Clegg acquired 212 shares of common stock through the vesting of restricted stock units and disposed of 108 shares to cover tax obligations at a price of $798.5 per share.
- Following these transactions, Clegg directly owns 2,510 shares of SMCI common stock and 816 restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing of stock transactions by a company insider. It doesn't inherently indicate positive or negative sentiment, but rather reflects standard compensation and tax-related activities.
Industry Context
Form 4 filings are standard practice for company insiders to report transactions in their company's stock, providing transparency to investors.
Key Dates
| Date | Description |
|---|---|
| 05/10/2021 | Date from which restricted stock units vest at a rate of 25% of the total number of units and 1/16th at the end of each successive calendar quarter thereafter. |
| 05/10/2023 | Date from which restricted stock units vest at a rate of 25% of the total number of units and 1/16th at the end of each successive calendar quarter thereafter. |
| 05/10/2024 | Date of reported stock transactions: acquisition of shares through vesting of restricted stock units and disposition of shares for tax obligations. |
| 05/14/2024 | Date of signature on the Form 4 filing. |
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