SANMINA CORP·4

Apr 16, 4:55 PM ET

Venkatesh Vishnu 4

Research Summary

AI-generated summary

Updated

Sanmina (SANM) SVP Venkatesh Vishnu RSU Tax Withholding

What Happened
Venkatesh Vishnu, Senior VP, Global Controller and Chief Accounting Officer of Sanmina, had 2,725 restricted stock unit (RSU) shares withheld to satisfy statutory tax withholding upon vesting. The withheld shares are valued at $154.31 each, totaling approximately $420,495. This is a tax-withholding disposition (code F), not an open-market sale.

Key Details

  • Transaction date: 2026-04-15; filing date: 2026-04-16. The Form 4 was filed the next day and is not marked late.
  • Shares withheld/disposed: 2,725 shares at $154.31 per share; total value ≈ $420,495.
  • Transaction code: F — shares withheld to satisfy tax withholding on RSU vesting.
  • Footnote: “Shares withheld by registrant to satisfy statutory withholding requirements on vesting of restricted stock units granted on April 15, 2024.”
  • Shares owned after transaction: Not specified in the provided filing.

Context
This was a routine tax-withholding action tied to RSU vesting (cashless settlement via share withholding). It is not an open-market sale or purchase and does not, by itself, indicate the insider’s market sentiment.