Form 4: Super Micro Computer SVP, Worldwide Sales, Don W Clegg, Reports Stock Transactions
SEC Form 4
Don W Clegg, SVP of Worldwide Sales at Super Micro Computer, Inc., reports the acquisition and disposal of common stock and derivative securities.
Summary
- On February 10, 2025, Don W Clegg, SVP of Worldwide Sales at Super Micro Computer, Inc. (SMCI), reported transactions involving SMCI common stock and restricted stock units.
- Clegg acquired 1,020 shares of common stock through the vesting of restricted stock units.
- He also disposed of 420 shares to cover tax obligations at a price of $42.65 per share.
- Following these transactions, Clegg directly owns 31,343 shares of SMCI common stock and 5,100 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Key Dates
| Date | Description |
|---|---|
| May 10, 2023 | 25% of the restricted stock units vested. |
| 02/10/2025 | Date of stock transactions: acquisition of 1,020 shares via restricted stock units and disposal of 420 shares for tax obligations. |
| 02/12/2025 | Date of signature for the Form 4 filing. |
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