Planned sales, announced before they happen
2 trading plans running, 14 Form 144 notices for $27.7M
Plans running now
2
David Weigand, Sara Liu
What SMCI's directors and officers said they would sell, before they sold: trading plans the company reports each quarter, and the Form 144 notices sellers file on the day of a planned sale. Most of these sales are routine, such as selling shares from vesting stock awards.
Trading plans
Plans adopted or ended
| Insider | What | Date | Shares | Runs to | Reported in |
|---|---|---|---|---|---|
| David Weigand Senior Vice President, Former Chief Financial Officer |
Adopted 10b5-1 plan | Aug 28, 2026 | up to 60,000 | Apr 1, 2027 | 10-Q Nov 6, 2026 |
What the company wroteDuring the three months ended September 30, 2026, the following executive officer (as defined in Rule 16a-1(f) under the Exchange Act) of ours adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K. Name Action Adoption/Termination Date Trading Arrangement Total Shares of Common Stock to be Sold (3) Expiration Date (4) Rule 10b5-1 (1) Non-Rule 10b5-1 (2) David Weigand (Senior Vice President, Former Chief Financial Officer) Adoption August 28, 2026 X 60,000 April 1, 2027 _________________ (1) Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. (2) “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act. (3) This number represents the maximum number of shares of common stock that may be sold pursuant to the trading plan. The number of shares actually sold will depend on the satisfaction of certain conditions as set forth in the plan. (4) In each case, the trading plan may expire on an earlier date if and when all transactions thereunder are completed. | |||||
| Sara Liu Co-Founder, Senior Vice President and Director |
Adopted 10b5-1 plan | May 26, 2026 | up to 300,000 | Feb 28, 2027 | 10-K Aug 31, 2026 |
What the company wroteDuring the three months ended June 30, 2026, the following executive officers and directors (as defined in Rule 16a-1(f) under the Exchange Act) of ours adopted or terminated a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K. Name Action Adoption/Termination Date Trading Arrangement Total Shares of Common Stock to be Sold (3) Expiration Date (4) Rule 10b5-1 (1) Non-Rule 10b5-1 (2) Sara Liu (Co-Founder, Senior Vice President and Director) Adoption May 26, 2026 X 300,000 February 28, 2027 _________________ (1) Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act. (2) “Non-Rule 10b5-1 trading arrangement” as defined in Item 408(c) of Regulation S-K under the Exchange Act. (3) This number represents the maximum number of shares of common stock that may be sold pursuant to the trading plan. The number of shares actually sold will depend on the satisfaction of certain conditions as set forth in the plan. (4) In each case, the trading plan may expire on an earlier date if and when all transactions thereunder are completed. | |||||
| David Weigand Senior Vice President, Chief Financial Officer and Chief Compliance Officer |
Adopted 10b5-1 plan | May 30, 2025 | up to 50,000 | Dec 1, 2025 | 10-K Aug 28, 2025 |
| Sara Liu Co-Founder, Senior Vice President and Director |
Adopted 10b5-1 plan | May 29, 2025 | up to 600,000 | Mar 1, 2026 | 10-K Aug 28, 2025 |
| Charles Liang President, Chief Executive Officer, and Chairman |
Adopted 10b5-1 plan | Feb 28, 2025 | up to 500,000 | Dec 31, 2025 | 10-Q May 12, 2025 |
| Daniel Fairfax non-employee director |
Ended plan | Jun 28, 2024 | up to 2,100 | 303 days | 10-Q Nov 3, 2023 |
What the company wroteCertain of the Company’s directors have entered into trading plans pursuant to Rule 10b5-1(c) of the Securities Exchange Act of 1934, as amended. The following table summarizes the adoption of trading plans intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) during the three months ended September 30, 2023: Name and Title Adoption Date End Date Aggregate Number of Shares of the Company’s Common Stock to be Sold Daniel Fairfax, non-employee director August 30, 2023 June 28, 2024 2,100 | |||||
| Charles Liang executive officer and director |
Adopted 10b5-1 plan | May 22, 2024 | up to 300,000 | Sep 30, 2024 | 10-K Feb 25, 2025 |
| Daniel Fairfax non-employee director |
Adopted 10b5-1 plan | May 21, 2024 | up to 15,000 | Dec 31, 2024 | 10-K Feb 25, 2025 |
From the XBRL of the company's 10-Qs and 10-Ks (Regulation S-K Item 408, reported since 2023): 15 filings checked since May 5, 2023.
Form 144
Notices of planned sales
| Filed | Seller | Shares | Value | Shares came from | 10b5-1 plan | Form 4 sales after |
|---|---|---|---|---|---|---|
| Oct 7, 2026 | Liu Liang Chiu-Chu Sara Director |
100,000 | $4.5M | Founder Shares | adopted May 26, 2026 | 100,000 shares from Oct 7, 2026 |
| Sep 4, 2026 | Liu Liang Chiu-Chu Sara Director |
100,000 | $4.0M | Founder Shares | adopted May 26, 2026 | 100,000 shares from Sep 4, 2026 |
| Sep 3, 2026 | Liu Liang Chiu-Chu Sara Director |
100,000 | $3.7M | Founder Shares | adopted May 26, 2026 | 200,000 shares from Sep 3, 2026 |
| May 26, 2026 | YIH-SHYAN W LIAW Former Director |
20,216 | $742K | Restricted Stock | none given | none found |
| May 22, 2026 | YIH-SHYAN W LIAW Former Director |
136,126 | $4.8M | Restricted Stock; Stock Option Exercise | none given | none found |
| May 20, 2026 | YIH-SHYAN W LIAW Former Director |
54,670 | $1.8M | Stock Option Exercise | none given | none found |
| May 20, 2026 | YIH-SHYAN W LIAW Former Director |
20,000 | $622K | Stock Option Exercise | none given | none found |
| May 18, 2026 | YIH-SHYAN W LIAW Former Director |
67,879 | $2.0M | Stock Option Exercise | none given | none found |
| May 14, 2026 | YIH-SHYAN W LIAW Former Director |
30,000 | $998K | Stock Option Exercise | none given | none found |
| May 14, 2026 | YIH-SHYAN W LIAW Former Director |
10,000 | $356K | Stock Option Exercise | none given | none found |
| May 13, 2026 | YIH-SHYAN W LIAW Former Director |
10,000 | $330K | Stock Option Exercise | none given | none found |
| May 11, 2026 | YIH-SHYAN W LIAW Director |
10,000 | $356K | Stock Option Exercise | none given | none found |
| Nov 26, 2025 | Sherman Tuan Board of Director |
48,630 | $1.6M | Stock Option | none given | none found |
| Nov 24, 2025 | GEORGE W KAO Officer |
56,904 | $1.9M | Stock Option Exercise | none given | none found |
Show the other 6 notices
From the Form 144 XML filed with the SEC, since Nov 24, 2025. The value is the seller's estimate on the notice. "Form 4 sales after" matches the seller's Form 4 sales in the 30 days after the notice, by name; Form 4s go back 180 days.