Sanmina (NASDAQ: SANM) director gets 1,536-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Johnson Susan A reported acquisition or exercise transactions in this Form 4 filing.
SANMINA CORP director Susan A. Johnson received an equity award of 1,536 restricted stock units representing common stock, valued at $123.69 per share. The units vest in four equal quarterly installments from the grant date. After this grant, she directly holds 10,363 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Johnson Susan A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,536 | $123.69 | $190K |
Holdings After Transaction:
Common Stock — 10,363 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Sanmina Corporation common stock. The restricted stock units vest in four equal quarterly installments from date of grant.
FAQ
What did Sanmina (SANM) director Susan A. Johnson report on this Form 4?
Susan A. Johnson reported receiving a grant of 1,536 restricted stock units representing Sanmina common stock. The grant is recorded at $123.69 per share, increasing her direct holdings to 10,363 shares after the award, according to the Form 4 disclosure.
Is the Sanmina (SANM) Form 4 transaction a stock purchase or an equity grant?
The Form 4 shows an equity grant, not an open-market stock purchase. Transaction code A and the description indicate a grant or award of restricted stock units, rather than Johnson buying shares in the market with her own cash.
How do the Sanmina (SANM) restricted stock units granted to Susan A. Johnson vest?
The restricted stock units vest in four equal quarterly installments starting from the grant date. Each unit represents a contingent right to receive one share of Sanmina common stock as the quarterly vesting schedule is satisfied over time.