SMCI: No Major Governance Changes Reported in Latest 8-K
Ticker: SMCI · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1375365
| Field | Detail |
|---|---|
| Company | Super Micro Computer, Inc. (SMCI) |
| Form Type | 8-K |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, regulatory-filing, stability
TL;DR
**SMCI's 8-K shows no big news, just business as usual.**
AI Summary
Super Micro Computer, Inc. filed an 8-K on January 25, 2024, reporting events that occurred on January 22, 2024. This filing indicates that there were no significant changes in the company's directors, officers, or compensatory arrangements, nor were there any matters submitted to a vote of security holders. This matters to investors because it signals a period of stability and no immediate major corporate governance shifts, which can be reassuring for current or prospective shareholders of SMCI.
Why It Matters
This filing indicates business as usual, with no immediate red flags regarding leadership changes or shareholder votes, which can be a positive sign for stability.
Risk Assessment
Risk Level: low — The filing reports no significant changes or events that would introduce new risks to the company or its investors.
Analyst Insight
A smart investor would note the lack of significant news in this 8-K, suggesting corporate stability, and continue to monitor for future filings or operational updates for Super Micro Computer, Inc. (SMCI).
Key Players & Entities
- Super Micro Computer, Inc. (company) — the registrant filing the 8-K
- January 22, 2024 (date) — date of earliest event reported
- January 25, 2024 (date) — date the 8-K was filed
- SMCI (company) — trading symbol for Super Micro Computer, Inc.
- The NASDAQ Global Select Market (company) — exchange where SMCI's common stock is registered
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 22, 2024, as stated in the 'Date of Report (Date of earliest event reported): January 22, 2024' section.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on January 25, 2024, as indicated by 'FILED AS OF DATE: 20240125'.
What is the trading symbol for Super Micro Computer, Inc.?
The trading symbol for Super Micro Computer, Inc. is SMCI, as listed under 'Title of each class' and 'Trading Symbol(s)'.
On which exchange is Super Micro Computer, Inc.'s common stock registered?
Super Micro Computer, Inc.'s common stock is registered on The NASDAQ Global Select Market, as specified under 'Name of each exchange on which registered'.
What specific items were reported in this 8-K filing?
The 8-K filing reported on 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers', 'Submission of Matters to a Vote of Security Holders', and 'Financial Statements and Exhibits', as detailed in the 'ITEM INFORMATION' sections.
Filing Stats: 1,099 words · 4 min read · ~4 pages · Grade level 13.7 · Accepted 2024-01-25 16:34:01
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value SMCI The NASDAQ Global Select
Filing Documents
- smci-20240122.htm (8-K) — 49KB
- a2020equityplan.htm (EX-10.1) — 130KB
- 0001375365-24-000005.txt ( ) — 330KB
- smci-20240122.xsd (EX-101.SCH) — 2KB
- smci-20240122_lab.xml (EX-101.LAB) — 24KB
- smci-20240122_pre.xml (EX-101.PRE) — 12KB
- smci-20240122_htm.xml (XML) — 3KB
07 Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters to a Vote of Security Holders Set forth below are the proposals on which the Company's stockholders voted at the Annual Meeting and the voting results for each proposal. Proposal 1: Election of three Class II Directors. Name Votes For Votes Withheld Broker Non-Votes Judy Lin 34,140,520 3,963,485 7,935,913 Sara Liu 35,914,720 2,189,285 7,935,913 Yih-Shyan (Wally) Liaw 35,678,304 2,425,701 7,935,913 Each of Ms. Lin, Ms. Liu, and Mr. Liaw were elected as a Class II director to hold office until the annual meeting of stockholders following fiscal year 2026 or until their successors are duly elected and qualified. Proposal 2: A proposal to approve a non-binding advisory resolution on compensation of the Company's named executive officers as disclosed in the proxy statement. Votes For Votes Against Abstentions Broker Non-Votes 37,081,658 856,628 165,719 7,935,913 Proposal 2 was approved. Proposal 3: A proposal to ratify the appointment of Ernst & Young LLP to serve as the Company's independent registered public accounting firm for the Company's fiscal year ending June 30, 2024. Votes For Votes Against Abstentions 45,875,476 134,670 29,772 Proposal 3 was approved. Proposal 4: A proposal to approve the further amendment and restatement of the Super Micro Computer, Inc. 2020 Equity and Incentive Compensation Plan. Votes For Votes Against Abstentions Broker Non-Votes 26,213,585 11,722,820 167,600 7,935,913 Proposal 4 was approved.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 Super Micro Computer, Inc. 2020 Equity and Incentive Compensation Plan, as further amended and restated, effective January 22, 2024 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SUPER MICRO COMPUTER, INC. Date: January 25, 2024 By: /s/ Charles Liang President, Chief Executive Officer and Chairman of the Board (Principal Executive Officer)