SANM (NASDAQ: SANM) proposed sale of 9,155 restricted shares via Morgan Stanley

Rhea-AI Filing Summary

SANM reported proposed insider sales of restricted common stock via a broker notice. The filing lists proposed sales of 920 shares with a trade date of 12/16/2025 and 9,155 shares with a trade date of 01/16/2026, both described as Restricted Stock.

The broker listed is Morgan Stanley Smith Barney LLC Executive Financial Services and the notice shows a submission date of 02/24/2026.

Insights

Corporate Governance Analyst

Routine Form 144 notice shows proposed disposition of restricted shares by an insider.

The excerpt lists two proposed transactions: 920 shares (trade date 12/16/2025) and 9,155 shares (trade date 01/16/2026), each identified as Restricted Stock. The broker is named as Morgan Stanley Smith Barney LLC Executive Financial Services.

Form 144s are administrative notices of intended sales; timing and final execution depend on subsequent trades and compliance with transfer restrictions. Subsequent filings will disclose actual sale amounts and dates if transactions occur.

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	10075	1604979.74	54604888	02/24/2026	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	12/16/2025	Restricted Stock	Issuer			920	12/16/2025	Not Applicable
Common	01/16/2026	Restricted Stock	Issuer			9155	01/16/2026	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 the SANM Form 144 disclose about insider sales?

The Form 144 discloses proposed sales of 920 shares (trade date 12/16/2025) and 9,155 shares (trade date 01/16/2026). It identifies these securities as Restricted Stock and names the broker.

Who is the broker listed on the SANM Form 144?

The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services as the broker. The notice includes a submission date of 02/24/2026 alongside the broker information.

Does the Form 144 confirm the insider completed the sales for SANM?

No. The Form 144 is a notice of proposed sales; it shows intended transactions of 920 and 9,155 shares. Actual sale completion and amounts would appear in later transaction filings if executed.

What security type is being offered in the SANM Form 144?

The securities are listed as Common stock and specifically labeled as Restricted Stock for the entries dated 12/16/2025 and 01/16/2026.