[SITE NAME]
SMCISuper Micro Computer, Inc. · Insider ownership research

Super Micro Computer, Inc. insiders sold $11.2M. How much of their stake is that?

About 0.3% overall. As a group they still hold 99.7% of their starting shares.

0
purchases by officers and directors
69%
of sales were under disclosed trading plans
3 of 16
officers and directors sold shares
Is this normal? Less than usual: about one-seventh of the 5-year average. 3 insiders sold; the average is 6 a year. Year by year
Latest filing: Filed Sep 8 for a sale from Sep 3 to Sep 4. Sara Liu (also reported by spouse Charles Liang, President and CEO) sold 200K shares ($7.7M) under a disclosed plan. Filing
Oct 8, 2025 to Oct 7, 2026 · 93 SEC ownership filings · updated Oct 7, 2026 · See the evidence

What stands out

  1. Two insiders sold $3.5M with no disclosed plan: George Kao ($1.9M) and Sherman Tuan ($1.6M, 19% of holdings). The filings don't state a reason.George Kao: largest such sale, Nov 24, 2025 · Sherman Tuan: largest such sale, Nov 26, 2025

Percentages cover 14 of 16 officers and directors. Left out: Charles Liang (reports the same shares as Sara Liu, where they are counted); George Kao (most of their shares vested during the period, so a percentage would mislead). Disclosed company stock is not an insider's whole wealth.

Who soldAmount% of holdingsTrading plan
Sara Liu
Director
Also reported by spouse Charles Liang, President and CEO
$7.7M
200K shares
0.3%Disclosed plan
George Kao
SVP, OPERATIONS
$1.9M
57K shares
i
No percentage: most of their shares vested during the period, so a percentage would mislead.
No plan disclosed
Sherman Tuan
Director
$1.6M
49K shares
19%No plan disclosed

The evidence

The full ownership picture16 of 16 insiders fully reconciled · 16 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 7, 2025SoldHeld Oct 7, 2026Still held
Charles Liang
i
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals. Sales of 200,000 shares are also reported by Sara Liu (spouse); they are counted once, under Sara Liu.
President and CEO, Director
Same 66.20M shares as Sara Liu; counted there
Vesting, gifts, unvested awards and holding lines for Charles Liang
+49Kshares vested or exercised
−345Kgifted (net of own trusts)
−16Kwithheld by the company for taxes
41K → 20Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
  • Sales of 200,000 shares are also reported by Sara Liu (spouse); they are counted once, under Sara Liu.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock40,426,12040,426,120
Joint Account w/ SpouseCommon Stock25,677,52025,332,520
SpouseCommon Stock603,657437,506

Additional holdings last reported Feb 10, 2022, not confirmed since: 14,181,350 shares. Not included in any total or percentage on this page.

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
10,000,000$4.50Mar 2, 2031$355M
5,000,000$45.00Nov 14, 2033$0
36,428$49.06Aug 8, 2030$0

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Sara Liu
i
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals. Sales of 200,000 shares are also reported by Charles Liang (spouse); they are counted once, here.
Director
Shares also reported by spouse Charles Liang
66.71M−200K66.20M99%
Vesting, gifts, unvested awards and holding lines for Sara Liu

Name on SEC filings: Liang Liu (Liu Liang Chiu-Chu Sara).

+49Kshares vested or exercised
−345Kgifted (net of own trusts)
−16Kwithheld by the company for taxes
41K → 20Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
  • Sales of 200,000 shares are also reported by Charles Liang (spouse); they are counted once, here.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock603,657437,506
SpouseCommon Stock40,426,12040,426,120
Joint Account w/ SpouseCommon Stock25,677,52025,332,520

Additional holdings last reported Feb 10, 2022, not confirmed since: 14,181,350 shares. Not included in any total or percentage on this page.

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
36,428$49.06Aug 8, 2030$0
10,000,000$4.50Mar 2, 2031$355M
5,000,000$45.00Nov 14, 2033$0

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Yih-Shyan Liaw
i
Minor difference of 193,770 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Additional holdings last reported more than 3 years ago are shown separately and excluded from totals. New Form 3 filed 2023-12-14; earlier filings set aside.
Director
15.26M015.47Mno sales
Vesting, gifts, unvested awards and holding lines for Yih-Shyan Liaw
+30Kshares vested or exercised
0gifted (net of own trusts)
−14Kwithheld by the company for taxes
63K → 39Kunvested awards, start → end
  • Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.
  • New Form 3 filed 2023-12-14; earlier filings set aside.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock77,96394,492
Liaw Family TrustCommon Stock14,990,45015,184,220
SpouseCommon Stock193,770193,770

Additional holdings last reported May 31, 2011, not confirmed since: 12,000,000 shares. Not included in any total or percentage on this page.

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
150,000$5.62Aug 2, 2032$5.2M
150,000$6.70Oct 25, 2032$5.0M
30,175$24.52Nov 8, 2034$467K

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Reconciliation: minor difference of 193,770 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Tally Liu
Director
285K0289Kno sales
Vesting, gifts, unvested awards and holding lines for Tally Liu
+3.4Kshares vested or exercised
0gifted (net of own trusts)
3.4K → 3.9Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock285,300288,738

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,020$58.35Feb 1, 2029$0
5,150$50.88Aug 9, 2029$0
1,040$42.95Feb 27, 2030$0
4,524$44.60Aug 8, 2030$0
5,062$39.84Aug 14, 2036$810

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Sherman Tuan
Director
256K−49K207K81%
Vesting, gifts, unvested awards and holding lines for Sherman Tuan
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock255,786207,156

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
9,048$44.60Aug 8, 2030$0
10,125$39.84Aug 14, 2036$2K

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Jin Xiao
i
Started reporting during the period; starting holdings are from the Form 3.
Sr. Corporate VP, Engineering
183K0195Kno sales
Vesting, gifts, unvested awards and holding lines for Jin Xiao
+19Kshares vested or exercised
0gifted (net of own trusts)
−7Kwithheld by the company for taxes
28K → 19Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock182,589194,586
SpouseCommon Stock5353

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
58,200$2.24Apr 30, 2029$2.2M
73,500$3.85Apr 27, 2031$2.7M
70,000$9.33Apr 25, 2033$2.1M
36,428$45.32Jun 20, 2035$0

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

David Weigand
SVP, Chief Financial Officer
100K0135Kno sales
Vesting, gifts, unvested awards and holding lines for David Weigand
+65Kshares vested or exercised
0gifted (net of own trusts)
−30Kwithheld by the company for taxes
73K → 69Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock100,188134,730

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
10,000$3.03Aug 4, 2030$370K
25,000$5.30May 5, 2032$867K
59,380$5.30May 5, 2032$2.1M
131,250$25.44Aug 11, 2033$1.9M
62,550$78.27May 3, 2034$0
30,622$35.37May 8, 2036$142K

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Kenneth Cheung
SVP, Chief Accounting Officer
56K064Kno sales
Vesting, gifts, unvested awards and holding lines for Kenneth Cheung
+13Kshares vested or exercised
0gifted (net of own trusts)
−5Kwithheld by the company for taxes
24K → 15Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock55,85763,772

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
26,570$3.79Aug 3, 2031$962K
49,900$33.76Aug 1, 2033$311K
80,000$27.80Jan 29, 2035$976K
30,486$58.63Jul 29, 2035$0

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Judy Lin
Director
55K060Kno sales
Vesting, gifts, unvested awards and holding lines for Judy Lin
+5.4Kshares vested or exercised
0gifted (net of own trusts)
5.4K → 7.9Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock54,94060,323

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
5,150$50.88Aug 9, 2029$0

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Don Clegg
SVP, Worldwide Sales
43K051Kno sales
Vesting, gifts, unvested awards and holding lines for Don Clegg
+15Kshares vested or exercised
0gifted (net of own trusts)
−6.7Kwithheld by the company for taxes
43K → 37Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock42,57950,540

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
15,000$3.03Aug 4, 2030$555K
54,210$78.27May 3, 2034$0
12,440$35.37May 8, 2036$58K

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Vikranth Malyala
i
Started reporting during the period; starting holdings are from the Form 3.
SVP, Chief Business Officer
35K048Kno sales
Vesting, gifts, unvested awards and holding lines for Vikranth Malyala
+24Kshares vested or exercised
0gifted (net of own trusts)
−11Kwithheld by the company for taxes
41K → 40Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock34,86047,877

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
12,650$2.70Aug 2, 2027$472K
58,200$2.24Apr 30, 2029$2.2M
83,900$3.85Apr 27, 2031$3.0M
100,000$3.95Jan 25, 2032$3.6M
75,000$9.33Apr 25, 2033$2.3M
55,000$33.76Aug 1, 2033$343K
120,000$27.80Jan 29, 2035$1.5M
40,475$45.32Jun 20, 2035$0

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

George Kao
SVP, OPERATIONS
22K−57K135Knot meaningful
Vesting, gifts, unvested awards and holding lines for George Kao
+175Kshares vested or exercised
0gifted (net of own trusts)
−5.3Kwithheld by the company for taxes
32K → 21Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock21,820134,691

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
12,100$2.37Oct 27, 2030$455K
24,475$24.52Nov 8, 2034$379K
16,250$7.66Nov 4, 2032$525K

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Matthew Thauberger
i
Started reporting during the period; starting holdings are from the Form 3.
Chief Revenue Officer
4.8K06.5Kno sales
Vesting, gifts, unvested awards and holding lines for Matthew Thauberger
+3.4Kshares vested or exercised
0gifted (net of own trusts)
−1.7Kwithheld by the company for taxes
14K → 21Kunvested awards, start → end
  • Started reporting during the period; starting holdings are from the Form 3.
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock4,8086,487

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
1,650$5.62Aug 2, 2032$57K
18,000$66.63Jul 30, 2034$0
39,938$39.84Aug 14, 2036$6K

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

Susan Mogensen
Director
3.3K08.7Kno sales
Vesting, gifts, unvested awards and holding lines for Susan Mogensen
+5.4Kshares vested or exercised
0gifted (net of own trusts)
5.4K → 7.9Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock3,2808,663
Scott Angel
Director
1.7K07.1Kno sales
Vesting, gifts, unvested awards and holding lines for Scott Angel
+5.4Kshares vested or exercised
0gifted (net of own trusts)
5.4K → 9.6Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock1,6727,055
Robert Blair
Director
1.6K07Kno sales
Vesting, gifts, unvested awards and holding lines for Robert Blair
+5.4Kshares vested or exercised
0gifted (net of own trusts)
5.4K → 7.9Kunvested awards, start → end
Held throughShare classOct 7, 2025Oct 7, 2026
DirectCommon Stock1,5806,963

Stock options (not counted as shares):

Options heldStrike priceExpiresIntrinsic value (estimate)
9,210$26.25Aug 24, 2028$127K
5,150$50.88Aug 9, 2029$0

Estimate: options held × ($40.00 − strike price), using the most recent insider trade price on Form 4 (Sep 4, 2026), not a market close.

16 of 16 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (15 exactly, 1 with a minor or footnoted difference). Percentages cover 14 of 16 officers and directors. Left out: Charles Liang (reports the same shares as Sara Liu, where they are counted); George Kao (most of their shares vested during the period, so a percentage would mislead). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$11.2M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $11.2M across 305,534 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($3.5M), including tax-related sales outside a plan.

No plan disclosed · $3.5M

Sales with no 10b5-1 plan and no tax reference in the filing. $1.9M of it is George Kao. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: George Kao, Nov 24, 2025

Taxes

112,317 shares ($4.1M) were withheld by the company for taxes, which isn't a market sale.

Charitable gifts · 680K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Sara Liu
Director
200K$7.7M100%69%Sep 3, 2026 to Sep 4, 2026
George Kao
SVP, OPERATIONS
57K$1.9M0%17%Nov 24, 2025 to Nov 24, 2025
Sherman Tuan
Director
49K$1.6M0%14%Nov 26, 2025 to Nov 26, 2025

Sales by month

Oct 2025Nov 2025: $3.5MDec 2025Feb 2026Apr 2026Jun 2026Aug 2026Sep 2026: $15.4M$15.4MOct 2026
Monthly figures as a table
MonthSale proceeds
Oct 2025$0
Nov 2025$3.5M
Dec 2025$0
Jan 2026$0
Feb 2026$0
Mar 2026$0
Apr 2026$0
May 2026$0
Jun 2026$0
Jul 2026$0
Aug 2026$0
Sep 2026$15.4M
Oct 2026$0
Is this normal? Selling year by year5 earlier years to compare with

Less than usual: about one-seventh of the 5-year average. 3 insiders sold; the average is 6 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 7, 2026
Latest 12 months
306K3$11.2M
Oct 7, 2025
1 year earlier
1.04M5$50.1M
Oct 7, 2024
2 years earlier
1.55M9$64.1M
Oct 8, 2023
3 years earlier
2.74M7$32.8M
Oct 8, 2022
4 years earlier
1.60M3$6.9M
Oct 8, 2021
5 years earlier
3.58M5$12.9M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Yih-Shyan Liaw: minor difference of 193,770 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,013 filings from SEC EDGAR, and how we read them

All 1,013 Forms 3, 4 and 5 filed for Super Micro Computer, Inc. (SEC CIK 1375365) from Mar 28, 2007 to Sep 8, 2026, retrieved from SEC EDGAR on Oct 7, 2026. Prices are the ones reported in each filing, often weighted averages.

Probable 10-for-1 stock split on or before Oct 1, 2024 (split date stated in a footnote). Splits aren't reported as transactions; 14 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (13)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Daniel FairfaxAug 13, 2024198,330 shares, last reported balance as of Aug 9, 2024
Shiu ChanFeb 5, 2024429,170 shares, last reported balance as of Feb 1, 2024
Saria TsengAug 5, 2021298,890 shares, last reported balance as of Jun 30, 2021
Hwei-Ming TsaiMay 12, 20215,586,000 shares, last reported balance as of May 10, 2021
Michael McAndrewsMay 12, 2021216,000 shares, last reported balance as of May 10, 2021
Alex HsuFeb 18, 202123,940 shares, last reported balance as of Feb 16, 2021
Kevin BauerNov 18, 202088,450 shares, last reported balance as of Nov 16, 2020
Howard HideshimaNov 27, 201712,200 shares, last reported balance as of Nov 22, 2017
Cheng-Hsien ChouNov 14, 201715,600 shares, last reported balance as of Nov 10, 2017
Laura BlackMar 3, 2017No balance on record
Gregory HinckleyFeb 12, 2015No balance on record
Edward Hayes Jr.Feb 10, 2012No balance on record
Bruce AlexanderApr 30, 2007No balance on record