Form 144 notice: SANM insider plans to sell restricted shares (SANM)

Rhea-AI Filing Summary

The filing is a Form 144 notice reporting a proposed sale of restricted common stock by an affiliate/insider. The filing lists multiple restricted-stock lots dated 02/05/2010, 08/15/2011, 11/15/2011, and 02/15/2012 with quantities shown.

The document names a broker-dealer (Morgan Stanley Smith Barney LLC) and records an apparent broker code or numeric line items including 26,565, 5,606,022.85, and 53,597,735, with an execution or filing date of 04/29/2026. The notice indicates sales are of restricted stock under the issuer category.

Insights

Securities Compliance Analyst

Form 144 lodged for restricted-stock resale; broker listed.

The filing lists proposed disposals of restricted common stock by an affiliate, specifying lot dates and share counts such as 21,851 and three smaller lots (1,572; 1,571; 1,571). The broker-dealer named is Morgan Stanley Smith Barney LLC.

Regulatory treatment: this is a notice of intent to sell under resale rules. The timing and whether sales occur depend on market conditions and compliance with Rule 144 selling limitations; cash-flow treatment and final sale amounts are not stated in the excerpt.

Key Figures

Broker-reported line item: 26,565 Large numeric field: 5,606,022.85 Large numeric field: 53,597,735 +5 more

8 metrics

Broker-reported line item 26,565 numeric header line in the filing

Large numeric field 5,606,022.85 numeric header line in the filing

Large numeric field 53,597,735 numeric header line in the filing

Restricted stock lot 21,851 shares dated 02/05/2010 restricted-stock lot

Restricted stock lot 1,572 shares dated 08/15/2011 restricted-stock lot

Restricted stock lot 1,571 shares dated 11/15/2011 restricted-stock lot

Restricted stock lot 1,571 shares dated 02/15/2012 restricted-stock lot

Filing date 04/29/2026 date shown in header line

Key Terms

Restricted Stock, Form 144, Broker‑dealer

3 terms

Restricted Stock regulatory

"Securities To Be Sold ... Restricted Stock ... 02/05/2010"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Form 144 regulatory

"Filer Information | 144: Filer Information"

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.

Broker‑dealer financial

"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	26565	5606022.85	53597735	04/29/2026	NASDAQ

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/05/2010	Restricted Stock	Issuer			21851	02/05/2010	Not Applicable
Common	08/15/2011	Restricted Stock	Issuer			1572	08/15/2011	Not Applicable
Common	11/15/2011	Restricted Stock	Issuer			1571	11/15/2011	Not Applicable
Common	02/15/2012	Restricted Stock	Issuer			1571	02/15/2012	Not Applicable

* 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

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does SANM's Form 144 disclose?

The Form 144 discloses a proposed resale of restricted common stock by an affiliate. It lists restricted-stock lots dated 02/05/2010, 08/15/2011, 11/15/2011, and 02/15/2012 with associated quantities shown in the notice.

How many shares are listed for potential resale in the SANM filing?

The filing shows multiple lot quantities including 21,851, 1,572, 1,571, and 1,571. Additional numeric lines in the excerpt include 26,565 and larger numeric fields whose roles are presented in the filing text.

Who is the broker‑dealer named in the Form 144 for SANM?

The broker-dealer named in the filing is Morgan Stanley Smith Barney LLC, with an address shown as 1 New York Plaza, 8th Floor, New York, NY. The broker appears as the intermediary for the proposed resale.

Does the Form 144 confirm the sales have occurred?

No. The Form 144 is a notice of a proposed sale and does not confirm completed transactions. The excerpt lists intended resale lots and dates but does not report finalized sale prices, settlement, or cash proceeds.

What date is associated with the Form 144 filing?

The filing includes a date of 04/29/2026 in the excerpt. That date appears on the numeric header line and is the date shown alongside exchange code information in the provided content.