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SMCI Co-Founder Cashes Out Millions In Stock A Day After Super Micro's Delayed Filings

Benzinga LogoBenzinga21h ago

SMCI Co-Founder Cashes Out Millions In Stock A Day After Super Micro's Delayed Filings - Benzinga

Quick Summary:

What Happened: Super Micro’s Co-founder and Senior Vice President, Sara Chiu-Chu Liu Liang, sold 46,293 shares for a total of nearly $2.3 million, leaving her personal holdings in the company at zero.

Top executives at Super Micro Computer Inc.(NASDAQ:SMCI) have sold millions of dollars worth of company stock after the company managed to meet the deadline for overdue financial filings.

In a similar move, George Kao, Senior Vice President of Operations sold 71,720 shares, valued at nearly $3.6 million.


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Article Details

Author / Journalist: Namrata Sen

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-03 @ 07:22:47 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 26614331

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 26 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 10 hours ago

Coverage Areas: United States

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Publication Timezone: GMT +8:00

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News Language: English

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Publisher ID: #53

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