Sanmina (SANM) director Loparco reports new stock awards and RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SANMINA CORP director Michael J. Loparco reported stock-based awards of common stock. On March 16, 2026, he acquired 1,536 shares and 768 shares of common stock, each recorded at $123.69 per share, as grant or award transactions.
Each award is tied to restricted stock units, where each unit represents a right to receive one share of Sanmina common stock. Some of these restricted stock units vest in four equal quarterly installments from the grant date, and others vest 1 day prior to the 2027 annual shareholders’ meeting. Following these awards, Loparco directly owns 5,500 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Loparco Michael J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,536 | $123.69 | $190K |
| Grant/Award | Common Stock | 768 | $123.69 | $95K |
Holdings After Transaction:
Common Stock — 4,732 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. The restricted stock units vest 1 day prior to the 2027 annual shareholder's meeting.
FAQ
What did Sanmina (SANM) director Michael J. Loparco report in this Form 4?
Michael J. Loparco reported receiving stock-based awards of Sanmina common stock. The filing shows two grant or award acquisitions of common shares on March 16, 2026, reflecting routine director compensation rather than open‑market buying or selling activity.
At what price were Michael J. Loparco’s Sanmina (SANM) stock awards recorded?
Both stock awards were recorded at a price of $123.69 per share. This price reflects the value used in the Form 4 for the 1,536‑share grant and the 768‑share grant of Sanmina common stock reported on March 16, 2026.
When do Michael J. Loparco’s Sanmina (SANM) restricted stock units vest?
The filing explains that some restricted stock units vest in four equal quarterly installments from the grant date. Another portion of the restricted stock units is scheduled to vest one day prior to Sanmina’s 2027 annual shareholders’ meeting, subject to continued service conditions.
Are Michael J. Loparco’s Sanmina (SANM) transactions open‑market buys or compensation grants?
The transactions are classified as grant or award acquisitions, not open‑market purchases. The Form 4 uses transaction code “A” and describes them as grants or awards of common stock linked to restricted stock units that vest over time.