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Sanmina (SANM) EVP details stock unit vesting and tax withholdings

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Sanmina Corporation’s EVP & Global Sales reported multiple equity transactions involving company stock. On December 15, 2025, the executive acquired 7,000 shares of common stock tied to restricted stock units and an additional 12,960 shares from vesting performance stock units, both at a reference price of $158.17 per share.

On the same day, Sanmina withheld 1,074, 2,793, and 6,083 shares to cover tax obligations on vesting awards, and on December 16, 2025 it withheld a further 1,694 shares at $146.84 per share. After these award vestings and tax-withholding transactions, the executive directly owned 39,816 shares of Sanmina common stock.

Positive

  • None.

Negative

  • None.
Insider Mason Charlie
Role EVP & Global Sales
Type Security Shares Price Value
Tax Withholding Common Stock 1,694 $146.84 $249K
Grant/Award Common Stock 7,000 $158.17 $1.11M
Tax Withholding Common Stock 1,074 $158.17 $170K
Tax Withholding Common Stock 2,793 $158.17 $442K
Grant/Award Common Stock 12,960 $158.17 $2.05M
Tax Withholding Common Stock 6,083 $158.17 $962K
Holdings After Transaction: Common Stock — 39,816 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Sanmina Corporation common stock. The restricted units vest 1,750 shares one year after the grant date, 1,750 shares two years after the grant date, 1,750 shares three years after the grant date, and 1,750 shares four years of the grant date. Shares withheld by registrant to satisfy statutory withholding requirements on vesting of restricted stock units granted on December 15, 2022. Shares withheld by registrant to satisfy statutory withholding requirements on vesting of restricted stock units granted on December 15, 2023. Vesting of performance stock units granted on December 15, 2022 as a result of achievement of performance criteria. Shares withheld by registrant to satisfy withholding requirements on vesting of performance stock units granted on December 15, 2022. Shares withheld by registrant to satisfy statutory withholding requirements on vesting of restricted stock units granted on December 16, 2024.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mason Charlie
(Last) (First) (Middle)
2700 NORTH FIRST STREET
(Street)
SAN JOSE CA 95134
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SANMINA CORP [ SANM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Global Sales
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock(1) 12/15/2025 A 7,000(2) A $158.17 38,500 D
Common Stock 12/15/2025 F 1,074(3) D $158.17 37,426 D
Common Stock 12/15/2025 F 2,793(4) D $158.17 34,633 D
Common Stock 12/15/2025 A(5) 12,960 A $158.17 47,593 D
Common Stock 12/15/2025 F 6,083(6) D $158.17 41,510 D
Common Stock 12/16/2025 F 1,694(7) D $146.84 39,816 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Sanmina Corporation common stock.
2. The restricted units vest 1,750 shares one year after the grant date, 1,750 shares two years after the grant date, 1,750 shares three years after the grant date, and 1,750 shares four years of the grant date.
3. Shares withheld by registrant to satisfy statutory withholding requirements on vesting of restricted stock units granted on December 15, 2022.
4. Shares withheld by registrant to satisfy statutory withholding requirements on vesting of restricted stock units granted on December 15, 2023.
5. Vesting of performance stock units granted on December 15, 2022 as a result of achievement of performance criteria.
6. Shares withheld by registrant to satisfy withholding requirements on vesting of performance stock units granted on December 15, 2022.
7. Shares withheld by registrant to satisfy statutory withholding requirements on vesting of restricted stock units granted on December 16, 2024.
/s/ Christopher K. Sadeghian, Attorney-in-Fact 12/17/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did Sanmina (SANM) report in this Form 4?

The filing shows Sanmina’s EVP & Global Sales had several equity transactions, including new stock received from restricted stock units and performance stock units, along with shares withheld by the company to cover tax obligations when those awards vested.

How many Sanmina (SANM) shares did the executive acquire from awards?

On December 15, 2025, the executive acquired 7,000 shares of Sanmina common stock from restricted stock units and 12,960 shares from vesting performance stock units, both referenced at $158.17 per share.

Why were some Sanmina (SANM) shares marked with transaction code "F"?

Transactions coded "F" represent shares withheld by Sanmina to satisfy statutory tax withholding requirements when restricted stock units or performance stock units vested, rather than open-market sales by the executive.

How many Sanmina (SANM) shares were withheld for taxes in this filing?

Sanmina withheld 1,074, 2,793, and 6,083 shares on December 15, 2025 at $158.17 per share, and 1,694 shares on December 16, 2025 at $146.84 per share, to cover tax obligations on vesting awards.

What is the executive’s Sanmina (SANM) share ownership after these transactions?

Following the reported award vestings and related share withholdings, the executive directly owned 39,816 shares of Sanmina common stock.

What do the restricted stock units and performance stock units represent for Sanmina (SANM)?

Each restricted stock unit or performance stock unit represents a contingent right to receive one share of Sanmina common stock, subject to vesting schedules and, for performance units, achievement of specified performance criteria.