Form 4: Sanmina Director Sells Shares Under Pre-Arranged Trading Plan

Sanmina Corporation Director Susan A. Johnson sold 787 shares of common stock for $84.83 per share on May 29, 2025, under a Rule 10b5-1 trading plan.

Summary

• Susan A. Johnson, a Director of Sanmina Corp. (SANM), reported a transaction involving the company's common stock.
• On May 29, 2025, Ms. Johnson disposed of 787 shares of common stock.
• The shares were sold at a price of $84.83 per share.
• The transaction was executed pursuant to a Rule 10b5-1(c) contract, instruction, or written plan, indicating it was pre-scheduled.
• Following this transaction, Ms. Johnson beneficially owns 9,582 shares of Sanmina common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral. While an insider sale can sometimes be viewed negatively, the explicit mention of a Rule 10b5-1 plan indicates a pre-scheduled transaction, which typically mitigates concerns about the insider's immediate view of the company's prospects.

Positives

• The transaction was conducted under a Rule 10b5-1 trading plan, which suggests the sale was pre-scheduled and not based on immediate, non-public information, thereby reducing potential negative implications of an insider sale.

Negatives

• A director selling shares, even under a pre-arranged plan, represents a reduction in insider ownership, which some investors may interpret as a slightly less positive signal, though the 10b5-1 plan mitigates this.

Future Outlook

This Form 4 filing reports a past transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects an individual director's stock activity within the technology manufacturing services sector.

Stakeholder Impact

• Shareholders: May note the reduction in a director's direct ownership, but the pre-scheduled nature of the sale (Rule 10b5-1 plan) suggests it is not based on new, adverse information, thus limiting significant negative impact on investor sentiment.

Key Dates

Keywords

Sanmina, SANM, Form 4, insider trading, stock sale, director, beneficial ownership, Rule 10b5-1