Johnson Susan A 4
Research Summary
AI-generated summary
Sanmina (SANM) Director Susan A. Johnson Receives 1,536-Share RSU Award
What Happened
Susan A. Johnson, a director of Sanmina Corporation (SANM), received a grant of 1,536 restricted stock units (RSUs) on 2026-03-16. The award was recorded at $123.69 per share for a total reported value of $189,988. This is an equity compensation grant (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (appears timely, two days after the grant).
- Grant: 1,536 RSUs at $123.69 each; total reported value $189,988.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU converts to one share of common stock upon settlement; F2 — RSUs vest in four equal quarterly installments beginning on the grant date.
- Transaction type: Award/grant (code A); this is compensation, not a purchase (P) or sale (S).
Context
RSUs are deferred compensation that convert into shares (or cash equivalent) upon vesting; because they are part of pay, grants do not necessarily signal the insider's view on near-term stock direction. Vesting schedule means the award will deliver shares gradually over the next year (four quarterly installments), subject to continued service and any plan conditions.