SANMINA CORP·4

Mar 18, 4:17 PM ET

Sankaran Mythili 4

Research Summary

AI-generated summary

Updated

Sanmina (SANM) Director Sankaran Mythili Receives RSU Award

What Happened
Sankaran Mythili, a director of Sanmina Corporation (SANM), received a grant of 1,536 restricted stock units (RSUs) on 2026-03-16. The grant is reported at a per-unit value of $123.69, for a total reported value of $189,988. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

  • Transaction date and value: 2026-03-16; 1,536 RSUs @ $123.69 each; total $189,988.
  • Filing date: Form 4 filed 2026-03-18 (filed two days after the grant; appears timely under Form 4 rules).
  • Shares owned after transaction: Not specified in the filing.
  • Footnotes from the filing:
    • Each RSU represents a contingent right to receive one share of Sanmina common stock.
    • The RSUs vest in four equal quarterly installments starting from the grant date.
  • Transaction type: Award/Grant (A) — compensation/vesting-based award, not a market trade.

Context
RSUs are a form of equity compensation that convert to actual shares only as they vest; they are commonly used for retention and alignment with shareholders. Because this is a grant (not a purchase or sale), it should be read as a compensation/award event rather than a direct bullish or bearish trade signal.