Form 4: Sanmina Executive Alan McWilliams Reports Stock Transactions
SEC Form 4
EVP of Global Human Resources at Sanmina, Alan McWilliams, reports acquisition and disposal of company stock due to vesting of performance stock units and withholding for tax obligations.
Summary
- On December 31, 2024, Alan McWilliams, EVP of Global Human Resources at Sanmina Corp, acquired 21,600 shares of common stock at a price of $75.67 per share due to the vesting of performance stock units granted on December 15, 2021.
- On the same day, 10,947 shares were withheld by Sanmina to satisfy withholding requirements related to the vesting of these performance stock units, also at a price of $75.67 per share.
- Following these transactions, McWilliams directly owns 40,502 shares of Sanmina common stock.
Sentiment
Score: 5
Explanation: This is a neutral report on stock transactions related to executive compensation. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 12/15/2021 | Date of grant for performance stock units. |
| 12/31/2024 | Date of stock acquisition and disposal due to vesting and withholding. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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