STOCK TITAN

Alan M. Reid reports share sales; SANM (NASDAQ: SANM) shows 5,000 registered

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

Rhea-AI Filing Summary

Securities sale notice: 5,000 performance shares registered for sale. The filing lists 5,000 performance shares described as "Securities To Be Sold" with an issuer designation and a date of 12/15/2025. The record shows prior dispositions by Alan M. Reid of 1,000 shares on 05/01/2026, 1,000 shares on 05/04/2026, and 1,000 shares on 05/08/2026, with reported proceeds of $218,170, $225,000, and $248,600, respectively.

Positive

  • None.

Negative

  • None.

Insights

Form 144 documents intended resale of 5,000 performance shares and lists three recent dispositions by Alan M. Reid.

The filing records a registration to sell 5,000 performance shares dated 12/15/2025 and three sold lots of 1,000 shares each on 05/01/2026, 05/04/2026, and 05/08/2026 with proceeds shown.

Cash‑flow treatment and whether these sales were under a trading plan are not stated in the excerpt; subsequent SEC filings or broker disclosures may provide additional mechanics or timing.

Registered shares to be sold 5,000 shares Securities To Be Sold, <date>12/15/2025</date>
Sale on 05/01/2026 1,000 shares Disposition by Alan M. Reid; proceeds <money>$218,170</money>
Sale on 05/04/2026 1,000 shares Disposition by Alan M. Reid; proceeds <money>$225,000</money>
Sale on 05/08/2026 1,000 shares Disposition by Alan M. Reid; proceeds <money>$248,600</money>
Broker‑dealer named Morgan Stanley Smith Barney LLC Listed in securities information section
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
"Common | 12/15/2025 | Performance Shares"
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.
Issuer regulatory
"Performance Shares | ISSUER"

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 the SANM Form 144 register?

It registers 5,000 performance shares listed as "Securities To Be Sold" with a date of 12/15/2025. The line lists the class as Common stock and the seller role as ISSUER.

Who reported recent sales in the filing for SANM?

Alan M. Reid reported three dispositions: 1,000 shares on 05/01/2026, 1,000 shares on 05/04/2026, and 1,000 shares on 05/08/2026, with proceeds listed for each transaction.

What proceeds were reported for Alan M. Reid's sales?

The filing shows proceeds of $218,170 (05/01/2026), $225,000 (05/04/2026), and $248,600 (05/08/2026). These values are presented alongside each 1,000‑share disposition.

Does the filing state how the 5,000 shares will be sold?

The excerpt lists the 5,000 shares as "Securities To Be Sold" with an ISSUER designation and the date 12/15/2025. Specific distribution methods or timing are not included in the provided excerpt.

Which broker is named on the filing?

The filing lists Morgan Stanley Smith Barney LLC at 1 New York Plaza as the broker/dealer associated with the securities entry shown in the excerpt.