Sanmina (SANM) HR EVP sells 1,000 shares, still holds 29,481
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sanmina Corp executive Alan McWilliams, EVP of Global Human Resources, reported an open-market sale of 1,000 shares of Common Stock at $248.60 per share. After this transaction, he continues to directly own 29,481 shares, indicating he retained the vast majority of his holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,000 shares ($248,600)
Net Sell
1 txn
Insider
REID ALAN McWILLIAMS
Role
EVP, Global Human Resources
Sold
1,000 shs ($249K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,000 | $248.60 | $249K |
Holdings After Transaction:
Common Stock — 29,481 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,000 shares
Sale price: $248.60 per share
Shares held after sale: 29,481 shares
3 metrics
Shares sold
1,000 shares
Open-market sale of Common Stock
Sale price
$248.60 per share
Price for 1,000-share open-market sale
Shares held after sale
29,481 shares
Direct ownership following transaction
Key Terms
open-market sale, Common Stock, Form 4, EVP, Global Human Resources
4 terms
open-market sale financial
"transaction_action: "open-market sale" for 1,000 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: "Common Stock" involved in the reported sale"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing the executive’s transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
EVP, Global Human Resources financial
"officer_title: "EVP, Global Human Resources" for Alan McWilliams"
FAQ
What insider transaction did Sanmina (SANM) report for Alan McWilliams?
Alan McWilliams, EVP of Global Human Resources at Sanmina, reported selling 1,000 shares of Common Stock. The transaction was an open-market sale at a reported price of $248.60 per share, according to the Form 4 insider filing details.
What is the role of Alan McWilliams at Sanmina (SANM) in this insider filing?
Alan McWilliams is identified as Executive Vice President, Global Human Resources at Sanmina. His officer status and title are disclosed in the Form 4, clarifying that the reported stock sale was made by a senior executive of the company.
Was the Sanmina (SANM) insider transaction an open-market sale?
Yes, the Form 4 classifies the transaction as an open-market sale of Common Stock. The filing uses transaction code “S” and describes it as a sale in open market or private transaction, with 1,000 shares sold at $248.60 per share.