Form 4: Sanmina Corp CEO Jure Sola Exercises Stock Options and Reports Beneficial Ownership
SEC Form 4 Filing
CEO Jure Sola exercised stock options and reported changes in beneficial ownership of Sanmina Corp shares.
Summary
- On August 15, 2024, Jure Sola, Chairman and CEO of Sanmina Corp, exercised non-qualified stock options to acquire 7,494 shares of common stock at a price of $24.65 per share.
- Following the transaction, Sola directly owns 1,206,088 shares of Sanmina Corp common stock.
- Sola also indirectly owns 214,070 shares through the Sola Family Trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock option exercise.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of stock option exercise and transaction. |
| 08/16/2024 | Date of signature on the Form 4 filing. |
| 11/17/2024 | Expiration date of the non-qualified stock options. |
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