Form 4: Sanmina Corp Executive Sells Shares
Insider Transaction Filing
Sanmina Corp executive Alan McWilliams Reid sold 1,000 shares of common stock on May 8, 2026, for $248.60 per share.
Summary
- Alan McWilliams Reid, EVP, Global Human Resources at Sanmina Corp (SANM), reported a transaction on May 8, 2026.
- Reid sold 1,000 shares of common stock.
- The sale was executed at a price of $248.60 per share.
- Following this transaction, Reid beneficially owns 29,481 shares of Sanmina Corp common stock directly.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this filing as neutral to slightly negative due to the insider sale, but without further context on the executive's motivations or the company's overall performance, a definitive negative sentiment is not warranted.
Negatives
- An executive sold a significant number of shares, which could be perceived negatively by the market.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings, such as this one from Sanmina Corp, are standard disclosures for insider transactions. While a single executive sale doesn't necessarily indicate a negative outlook for the company, significant or frequent insider selling can sometimes be a signal investors monitor.
Stakeholder Impact
- Shareholders may view the executive's sale of shares with caution, potentially impacting investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/08/2026 | Transaction Date (Sale of common stock) |
| 05/12/2026 | Date of Report |
Keywords
Sanmina Corp, SANM, Form 4, Insider Trading, Stock Sale, Executive Compensation, Beneficial Ownership
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