What the executives and directors of Supermicro actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Liang Charles President and CEO | CEO | 41.1M | — | — |
| Liu Liang Chiu-Chu Sara | Director | 26M | — | — |
| Liaw Yih-Shyan Wally | Director | 15.1M | — | — |
| LIU TALLY C | Director | 288.7K | — | — |
| TUAN SHERMAN | Director | 207.2K | — | $1.6M |
| Xiao Jin Sr. Corporate VP, Engineering | Officer | 188.2K | — | — |
| KAO GEORGE SVP, OPERATIONS | Officer | 183.4K | — | $3.6M |
| WEIGAND DAVID E SVP, Chief Financial Officer | CFO | 130.5K | — | $2.1M |
| Lin Judy L. | Director | 60.3K | — | — |
| Cheung Kenneth SVP, Chief Accounting Officer | Officer | 59.8K | — | — |
| CLEGG DON W SVP, Worldwide Sales | Officer | 50.1K | — | — |
| Malyala Vikranth SVP, Chief Business Officer | Officer | 44.1K | — | — |
| CHAN SHIU LEUNG | Director | 42.9K | — | — |
| FAIRFAX DANIEL W | Director | 19.8K | — | — |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2025-11-26 | TUAN SHERMAN (Director) | Discretionary sale | 48.6K | $33.00 | $1.6M |
| 2025-11-24 | KAO GEORGE (Officer) | Discretionary sale | 56.9K | $32.83 | $1.9M |
| 2025-09-15 | WEIGAND DAVID E (CFO) | Planned sale (10b5-1) | 25K | $45.14 | $1.1M |
| 2025-09-03 | WEIGAND DAVID E (CFO) | Planned sale (10b5-1) | 300 | $40.85 | $12K |
| 2025-09-03 | WEIGAND DAVID E (CFO) | Planned sale (10b5-1) | 24.7K | $40.28 | $995K |
| 2025-08-22 | KAO GEORGE (Officer) | Discretionary sale | 40K | $43.88 | $1.8M |
| 2025-07-28 | Liu Liang Chiu-Chu Sara (Director) | Planned sale (10b5-1) | 200K | $60.00 | $12M |
| 2025-07-28 | Liang Charles (CEO) | Planned sale (10b5-1) | 200K | $60.00 | $12M |
| 2025-06-18 | Liu Liang Chiu-Chu Sara (Director) | Planned sale (10b5-1) | 300K | $45.00 | $13.5M |
| 2025-06-18 | Liang Charles (CEO) | Planned sale (10b5-1) | 300K | $45.00 | $13.5M |
| 2025-05-20 | WEIGAND DAVID E (CFO) | Discretionary sale | 67K | $44.02 | $2.9M |
| 2025-05-14 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 15.3K | $45.56 | $697K |
| 2025-05-14 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 184.7K | $44.98 | $8.3M |
| 2025-05-14 | Liang Charles (CEO) | Discretionary sale | 15.3K | $44.56 | $682K |
| 2025-05-14 | Liang Charles (CEO) | Discretionary sale | 184.7K | $44.98 | $8.3M |
| 2025-05-14 | KAO GEORGE (Officer) | Discretionary sale | 28.4K | $45.86 | $1.3M |
| 2025-02-28 | BLAIR ROBERT L (Director) | Discretionary sale | 5,860 | $42.85 | $251K |
| 2025-02-28 | BLAIR ROBERT L (Director) | Discretionary sale | 13.6K | $42.46 | $577K |
| 2025-02-26 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 46.3K | $50.17 | $2.3M |
| 2025-02-26 | Liang Charles (CEO) | Discretionary sale | 46.3K | $50.17 | $2.3M |
| 2025-02-26 | KAO GEORGE (Officer) | Discretionary sale | 71.7K | $50.48 | $3.6M |
| 2024-06-03 | FAIRFAX DANIEL W (Director) | Planned sale (10b5-1) | 300 | $802.00 | $241K |
| 2024-05-30 | LIU TALLY C (Director) | Discretionary sale | 500 | $839.17 | $420K |
| 2024-05-01 | FAIRFAX DANIEL W (Director) | Planned sale (10b5-1) | 300 | $777.36 | $233K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 14 | $891.07 | $12K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 15 | $831.02 | $12K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 15 | $837.01 | $13K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $835.87 | $13K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $841.64 | $13K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $843.13 | $13K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $848.01 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $858.49 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $864.56 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $866.60 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $872.30 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $873.50 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $878.14 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $879.55 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $888.40 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 16 | $892.50 | $14K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 19 | $839.72 | $16K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 30 | $894.17 | $27K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 32 | $854.89 | $27K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 32 | $869.83 | $28K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 32 | $875.35 | $28K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 32 | $877.35 | $28K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 32 | $883.04 | $28K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 32 | $887.19 | $28K |
| 2024-04-29 | Liu Liang Chiu-Chu Sara (Director) | Discretionary sale | 32 | $889.69 | $28K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 14 | $891.07 | $12K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 15 | $831.02 | $12K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 15 | $837.01 | $13K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $835.87 | $13K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $841.64 | $13K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $843.13 | $13K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $848.01 | $14K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $858.49 | $14K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $864.56 | $14K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $866.60 | $14K |
| 2024-04-29 | Liang Charles (CEO) | Discretionary sale | 16 | $872.30 | $14K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.