David V. Hedley III (SANM) files Form 144 to sell 500 shares

Rhea-AI Filing Summary

David V. Hedley III filed a Form 144 notice reporting securities to be sold. The filing lists 500 shares of Common stock associated with Morgan Stanley Smith Barney LLC and shows prior sales of 1,024 shares on 02/24/2026 for $166,205.44.

The 500-share lot appears as two restricted‑stock tranches dated 12/15/2024 (453 shares) and 03/15/2025 (47 shares). The filing lists an amount $109,757.50 alongside the 500-share row and a numeric identifier 53597735.

Insights

Corporate Governance Analyst

Routine Form 144 notice showing an affiliate's planned resale and recent dispositions.

The filing lists a planned sale of 500 shares tied to two restricted stock tranches dated 12/15/2024 and 03/15/2025. A separate row records a prior disposition of 1,024 shares on 02/24/2026 for $166,205.44.

Timing and proceeds treatment beyond the listed amounts are not detailed in the excerpt; subsequent filings will provide settlement or additional resale details if and when reported.

Key Figures

Planned resale: 500 shares Row amount: $109,757.50 Prior sale: 1,024 shares +2 more

5 metrics

Planned resale 500 shares listed in the securities‑to‑be‑sold row associated with Morgan Stanley Smith Barney LLC

Row amount $109,757.50 appears on the same row as the 500‑share entry

Prior sale 1,024 shares sold on <date>02/24/2026</date>

Proceeds from prior sale $166,205.44 proceeds tied to the 1,024‑share sale on <date>02/24/2026</date>

Identifier 53597735 numeric value listed in the securities row

Key Terms

Form 144, Restricted Stock, Issuer

3 terms

Form 144 regulatory

"Filing header and notice rows showing 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.

Restricted Stock financial

"Listed as the security type with tranche dates 12/15/2024 and 03/15/2025"

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.

Issuer financial

"Security entries show 'Issuer' as the source of the restricted stock"

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	500	109757.50	53597735	05/01/2026	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	12/15/2024	Restricted Stock	Issuer			453	12/15/2024	Not Applicable
Common	03/15/2025	Restricted Stock	Issuer			47	03/15/2025	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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
DAVID V HEDLEY III 2700 North First Street San Jose CA 95134	Common	02/24/2026	1024	166205.44

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 by David V. Hedley III report?

It reports a planned resale of 500 shares of Common stock and a prior sale of 1,024 shares on 02/24/2026 for $166,205.44. The 500 shares are listed as restricted stock tranches dated 12/15/2024 and 03/15/2025.

How are the 500 shares broken down in the filing?

The filing shows the 500 shares as two restricted stock tranches: 453 shares dated 12/15/2024 and 47 shares dated 03/15/2025. These tranche dates are itemized in the securities‑to‑be‑sold section of the notice.

What dollar amounts are shown on the Form 144 excerpt?

The excerpt lists $109,757.50 on the same row as the 500 shares and records a prior sale amount of $166,205.44 tied to the 1,024‑share disposition on 02/24/2026. No use‑of‑proceeds detail is provided.

Who is the filer named in the Form 144 and what was sold earlier?

The filer is David V. Hedley III. The filing records a prior sale of 1,024 shares on 02/24/2026 with proceeds of $166,205.44, in addition to the currently reported 500‑share resale notice.