BARNES SUSAN K 4
Research Summary
AI-generated summary
Sanmina (SANM) Director Susan K. Barnes Receives RSU Award
What Happened
- Susan K. Barnes, a director of Sanmina Corporation, was granted 1,536 restricted stock units (RSUs) on March 16, 2026. The grant is reported at a per-share value of $123.69, for a total grant value of $189,988. This was an award/compensation grant (Form 4 code A), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-03-16; filing date (Form 4): 2026-03-18 (filed within the normal 2-business-day reporting window).
- Grant amount: 1,536 RSUs; implicit per‑share value: $123.69; total reported value: $189,988.
- Shares owned after transaction: not specified in the information provided in this summary.
- Footnotes: F1 — each RSU represents a contingent right to receive one Sanmina common share; F2 — the RSUs vest in four equal quarterly installments beginning on the grant date.
- Transaction type/code: A (award/grant of restricted stock units).
Context
- RSUs are compensation that convert into actual shares as they vest; this grant vests quarterly in four installments, so ownership of the underlying shares will occur over the next year as vesting milestones are met.
- Grants to directors are routine compensation and do not by themselves indicate the insider is buying or selling stock for personal investment reasons.