Form 4: Sanmina EVP Sells 1,500 Shares in Pre-Planned Transaction

Sanmina Corp's EVP of Global Human Resources, Alan McWilliams Reid, sold 1,500 shares of common stock for $160.64 per share in a pre-scheduled transaction.

Summary

• Alan McWilliams Reid, Executive Vice President of Global Human Resources at Sanmina Corp (SANM), reported a sale of company common stock.
• The transaction involved the disposition of 1,500 shares of Sanmina common stock.
• The shares were sold at an exact price of $160.64 per share.
• Following this transaction, Reid beneficially owns 32,481 shares of Sanmina common stock.
• The sale was conducted on February 26, 2026, and was made pursuant to a Rule 10b5-1(c) plan, indicating it was a pre-scheduled transaction.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While an insider sale can sometimes be perceived negatively, the disclosure that it was executed under a Rule 10b5-1 plan mitigates concerns that it's based on new, negative information.

Negatives

• An insider sale, even if pre-planned, can sometimes be perceived with slight caution by the market as it reduces management's direct equity stake in the company.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly sales, are routinely monitored by investors for insights into management's perception of the company's valuation and future prospects. While this sale is pre-planned, it occurs within the broader context of market sentiment towards technology manufacturing and supply chain companies.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, potentially viewed with slight caution, though largely mitigated by the 10b5-1 plan disclosure.

Key Dates

Recommendation

The transaction is a routine insider sale executed under a pre-planned Rule 10b5-1 program, which typically does not signal a change in the company's fundamentals or management's long-term outlook. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Sanmina Corp, SANM, Insider Sale, Form 4, Alan McWilliams Reid, EVP Global Human Resources, Stock Transaction, Rule 10b5-1