Form 4: Sanmina Corp Director Sells Shares on August 6, 2024
SEC Form 4 Filing
Director Krish A Prabhu sold 4,803 shares of Sanmina Corp (SANM) at an average price of $67.386 on August 6, 2024.
Summary
- On August 6, 2024, Krish A Prabhu, a director of Sanmina Corp (SANM), sold 4,803 shares of common stock.
- The sale was executed at a weighted average price of $67.386 per share, with prices ranging from $67.352 to $67.465.
- Following the transaction, Prabhu directly owns 19,166 shares of Sanmina Corp.
- The transaction was reported on August 8, 2024.
Sentiment
Score: 5
Explanation: This is a neutral event. A director selling shares doesn't necessarily indicate a negative outlook, but it's a transaction investors may want to be aware of.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. It is difficult to assess the impact of this sale without knowing the director's overall holdings and investment strategy.
Stakeholder Impact
- The sale of shares by a director could have a minor impact on shareholder confidence, depending on the size of the transaction and the overall market sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/06/2024 | Date of transaction: Krish A Prabhu sold shares of Sanmina Corp. |
| 08/08/2024 | Date of report filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.