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Alan M Reid sells shares (SANM): 1,000 performance shares listed in Form 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Alan M Reid filed a Form 144 to sell 1,000 performance shares.

The filing lists three sales during the past three months: 1,000 shares on 05/01/2026 for $218,170, 1,500 shares on 02/26/2026 for $240,954.75, and 3,500 shares on 02/13/2026 for $519,557.50. The document references 53,597,735 shares outstanding as of 05/04/2026.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies a proposed sale of registered shares by Alan M Reid.

Form 144 is a notice required under Rule 144 when an affiliate or control person proposes to sell restricted or control securities. The filing lists 1,000 performance shares proposed for sale and recent dispositions in early 2026.

Cash‑flow treatment and the distribution method are not shown in the excerpt; subsequent sale timing depends on compliance with Rule 144 transfer conditions and any holding‑period or volume limits.

Registered for sale 1,000 shares Performance Shares registered on 01/02/2024
Sale on 05/01/2026 1,000 shares Reported proceeds $218,170
Sale on 02/26/2026 1,500 shares Reported proceeds $240,954.75
Sale on 02/13/2026 3,500 shares Reported proceeds $519,557.50
Shares outstanding 53,597,735 shares as of 05/04/2026
Form 144 regulatory
"144: Securities To Be Sold"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Performance Shares financial
"Performance Shares | Issuer | 1000 | 01/02/2024"
Performance shares are a type of company stock given to executives or employees that only become theirs if the company meets specific goals, like hitting certain profits or growth targets. They motivate leaders to work toward the company’s success, because their additional shares depend on achieving these results.
Securities To Be Sold regulatory
"144: Securities To Be Sold | Common | Performance Shares"

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Alan M Reid's Form 144 for SANM say?

It states a proposed sale of 1,000 performance shares. It also lists three recent sales totaling dispositions on 05/01/2026, 02/26/2026, and 02/13/2026 with the reported proceeds.

How many shares did Alan M Reid sell in the past three months?

The filing lists three sales of 1,000; 1,500; and 3,500 shares on the indicated dates. Each sale includes the reported dollar proceeds for those transactions.

What price was reported for the 05/01/2026 sale?

The 05/01/2026 sale of 1,000 shares is shown with reported proceeds of $218,170 in the filing excerpt provided.

Does the filing show total shares outstanding for SANM?

Yes, the excerpt shows 53,597,735 shares outstanding as of 05/04/2026, which appears in the securities information section of the submission.

What type of securities are being sold under this Form 144?

The filing identifies the securities as Common stock described as Performance Shares with an effective original date of 01/02/2024 in the excerpt.