Research Summary
AI-generated summary of this SEC filing
Sanmina (SANM) EVP Reid McWilliams Sells 1,000 Shares
What Happened
Reid Alan McWilliams, EVP, Global Human Resources at Sanmina (SANM), disposed of 1,000 shares in an open-market sale on May 8, 2026. The shares were sold at $248.60 each, for total proceeds of $248,600. This transaction is a straight sale (code S), not a purchase or option exercise.
Key Details
- Transaction date: 2026-05-08 (reported on Form 4 filed 2026-05-12) — filing appears timely.
- Trade type: Open-market sale (code S)
- Shares sold: 1,000 at $248.60 per share
- Total value: $248,600
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: F1 — "All shares sold at an exact price."
- Insider status: Executive officer (EVP), not identified as a 10% owner in the filing.
Context
- A sale by an officer is often routine (e.g., diversification or liquidity) and does not by itself indicate a change in company outlook. No 10b5-1 plan, tax-withholding, option exercise, or gift was disclosed in the filing.