Form 4: Sanmina EVP Mason Reports Stock Transactions
Insider Transaction Report
Sanmina Corp's EVP & Global Sales, Charlie Mason, reported multiple stock transactions including RSU and PSU vesting, and shares withheld for tax obligations.
Summary
- Charlie Mason, EVP & Global Sales of Sanmina Corp, reported multiple transactions on December 15 and 16, 2025, involving common stock.
- On December 15, 2025, Mason acquired 7,000 shares of common stock at $158.17 per share due to the vesting of restricted stock units (RSUs).
- On the same date, 1,074 shares were withheld by Sanmina at $158.17 to satisfy statutory withholding requirements for RSUs granted on December 15, 2022.
- An additional 2,793 shares were withheld at $158.17 for tax requirements related to RSUs granted on December 15, 2023.
- Mason also acquired 12,960 shares at $158.17 from the vesting of performance stock units (PSUs) granted on December 15, 2022, as a result of achieving performance criteria.
- Furthermore, 6,083 shares were withheld at $158.17 for tax requirements on the vesting of these performance stock units.
- On December 16, 2025, 1,694 shares were withheld at $146.84 for tax requirements on RSUs granted on December 16, 2024.
- Following these reported transactions, Mason's direct beneficial ownership of Sanmina common stock stands at 39,816 shares.
Sentiment
Score: 7
Explanation: The filing details routine insider transactions related to the vesting of previously granted equity awards and subsequent tax withholdings. The vesting of performance stock units indicates the achievement of specific company performance criteria, which is a positive signal for company performance and executive alignment.
Positives
- Vesting of 7,000 restricted stock units (RSUs) on December 15, 2025, at a price of $158.17 per share, increasing the insider's direct ownership.
- Vesting of 12,960 performance stock units (PSUs) on December 15, 2025, at a price of $158.17 per share, indicating the achievement of specific company performance criteria.
- The transactions reflect continued alignment of the EVP & Global Sales' interests with those of shareholders through equity compensation.
Negatives
- A total of 11,644 shares were withheld by Sanmina Corp to satisfy statutory withholding requirements for taxes on vested restricted and performance stock units, reducing the net shares received by the insider.
Future Outlook
The restricted stock units granted on December 15, 2025, are scheduled to vest in equal annual installments of 1,750 shares over four years, starting one year after the grant date.
Industry Context
NA
Stakeholder Impact
- Shareholders: The transactions represent a routine increase in insider ownership through equity compensation, aligning management interests with shareholders. The achievement of performance criteria for PSUs could be viewed positively as an indicator of company performance.
Next Steps
- Future vesting of 1,750 shares of restricted stock units annually for four years, starting one year after the December 15, 2025 grant date.
Key Dates
| Date | Description |
|---|---|
| 12/15/2022 | Grant date for restricted stock units and performance stock units, some of which vested on December 15, 2025. |
| 12/15/2023 | Grant date for restricted stock units, some of which vested on December 15, 2025. |
| 12/16/2024 | Grant date for restricted stock units, some of which vested on December 16, 2025. |
| 12/15/2025 | Date of multiple stock acquisitions (vesting of RSUs and PSUs) and dispositions (tax withholding) for Charlie Mason. |
| 12/16/2025 | Date of shares withheld for tax requirements on vesting of restricted stock units. |
| 12/17/2025 | Date the Form 4 was signed by Christopher K. Sadeghian, Attorney-in-Fact. |
Keywords
Sanmina Corp, SANM, Form 4, Insider Trading, Restricted Stock Units, Performance Stock Units, Equity Compensation, Stock Vesting, Tax Withholding, Charlie Mason
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