Liu Liang Chiu-Chu Sara 4

What Happened
Liu Liang Chiu-Chu Sara, listed as a 10% owner of Super Micro Computer, Inc. (SMCI), exercised stock options on February 27, 2026 to acquire 20,980 shares at an exercise price of $4.24 per share, paying $88,850 in total. The Form 4 also reports a related derivative entry for 20,980 shares shown as disposed at $0 (see footnotes).

Key Details

• Transaction date: 2026-02-27. Exercise (code M) to acquire 20,980 shares @ $4.24 (total $88,850). A separate derivative entry shows 20,980 shares disposed @ $0.
• Footnotes: F1 — option was equitably adjusted after a ten-for-one forward split effective Sept 30, 2024. F2 — option granted Apr 27, 2021 and is fully vested and exercisable.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Timeliness: Form filed 2026-03-03 for a 2026-02-27 transaction (filed after the usual two-business-day window), i.e., a late filing.

Context
This was an options exercise (a purchase of shares through conversion of vested options), not an open-market sale — no sale of the newly acquired shares is reported in the provided data. As a reported 10% owner, Liu’s transactions are subject to Section 16 reporting rules. The F1 note explains prior reporting changes tied to a 10-for-1 forward split; F2 confirms the option was fully vested and exercisable at grant.