Form 4: Sanmina CFO Acquires 15,000 RSUs, Shares Withheld for Tax

Sanmina's EVP & CFO, Jonathan P. Faust, acquired 15,000 restricted stock units and had shares withheld for tax purposes related to a prior vesting event.

Summary

• Jonathan P. Faust, Executive Vice President and Chief Financial Officer of Sanmina Corporation, acquired 15,000 restricted stock units (RSUs) on December 15, 2025.
• Each RSU represents a contingent right to receive one share of Sanmina Corporation common stock.
• The acquired RSUs will vest in four equal annual installments of 3,750 shares, commencing one year after the grant date.
• On December 16, 2025, 2,154 shares of common stock were withheld by Sanmina Corporation to satisfy statutory withholding requirements upon the vesting of restricted stock units granted on January 16, 2024.
• Following these transactions, Jonathan P. Faust beneficially owns 107,996 shares of Sanmina Corporation common stock directly.

Sentiment

Score: 6

Explanation: The acquisition of restricted stock units by a key executive, even as compensation, generally indicates continued alignment of management's interests with shareholders. The tax withholding is a routine event for RSU vesting. Overall, the filing is slightly positive due to the executive's increased equity stake.

Positives

• The acquisition of 15,000 restricted stock units by the EVP & CFO aligns management's interests with those of shareholders, as the value of these units is tied to the company's stock performance.
• The vesting schedule for the RSUs provides a long-term incentive for the executive to contribute to sustained company growth over four years.

Future Outlook

The 15,000 restricted stock units acquired by Jonathan P. Faust are scheduled to vest in four equal annual installments of 3,750 shares, beginning one year after the grant date, indicating future share distributions tied to continued employment and company performance.

Industry Context

This Form 4 filing details routine executive compensation and tax-related stock transactions, which are common across publicly traded companies in all industries as a standard component of executive incentive and retention programs.

Stakeholder Impact

• Shareholders may view the acquisition of restricted stock units by the EVP & CFO as a positive signal, indicating management's continued commitment and alignment with the company's long-term performance.
• Employees, particularly other executives, may see this as a standard part of the company's executive compensation structure, reinforcing internal equity and incentive programs.

Next Steps

• The acquired 15,000 restricted stock units will vest in four annual installments of 3,750 shares, starting one year from the grant date.

Key Dates

Recommendation

This Form 4 filing reports routine executive compensation in the form of restricted stock unit grants and standard tax withholding related to prior vesting. While it indicates management's continued alignment with shareholder interests, it does not provide new fundamental information about the company's operational performance, strategic direction, or financial health that would warrant a strong buy or sell recommendation. It is a standard disclosure of insider activity.

Keywords

Sanmina, SANM, Form 4, Insider Transaction, Restricted Stock Units, RSU, Executive Compensation, Jonathan P Faust, Stock Acquisition, Tax Withholding