Proposed insider resale: SANM (NASDAQ: SANM) lists 1,024 restricted shares with Morgan Stanley

Rhea-AI Filing Summary

SANM reports proposed sale of restricted common stock via Form 144. The filing lists proposed sales of 400 restricted shares dated 09/17/2025 and 624 restricted shares dated 12/17/2025. The broker listed is Morgan Stanley Smith Barney LLC on NASDAQ.

Insights

Securities Counsel

Routine Form 144 notice of proposed resale by an insider or affiliate.

This filing provides notice of proposed sales of restricted common stock: 400 shares dated 09/17/2025 and 624 shares dated 12/17/2025. The broker of record is Morgan Stanley Smith Barney LLC.

Timing and settlement details are not shown in the excerpt; the transactions are described as restricted stock and thus are subject to transfer rules and any applicable resale conditions.

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Accepted by SEC EDGAR 02/24/2026 - 04:17 PM Learn about SEC filing dates

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	1024	166205.44	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	09/17/2025	Restricted Stock	Issuer			400	09/17/2025	Not Applicable
Common	12/17/2025	Restricted Stock	Issuer			624	12/17/2025	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

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 about insider sales?

The Form 144 discloses proposed sales of restricted common stock totaling 1,024 shares across two dates. It lists 400 shares dated 09/17/2025 and 624 shares dated 12/17/2025, with Morgan Stanley Smith Barney LLC as broker.

Who is the broker handling the SANM securities sale?

The filing lists Morgan Stanley Smith Barney LLC as the broker of record. The broker address shown is 1 New York Plaza, 8th Floor, New York, NY 10004, and the execution venue is NASDAQ as indicated in the excerpt.

Are the SANM shares listed in Form 144 restricted or unrestricted?

The excerpt labels the securities as Restricted Stock for both dated entries. Each line identifies the instrument as restricted, indicating these shares are subject to transfer conditions consistent with their restricted status.

What dates are associated with the proposed SANM sales?

The proposed sales in the excerpt carry dates of 09/17/2025 for 400 restricted shares and 12/17/2025 for 624 restricted shares. These dates are shown alongside each restricted stock entry.

Does the Form 144 show how proceeds will be used or received?

The provided excerpt does not state proceeds usage or recipient details beyond listing the broker. The filing shows the securities, dates, and broker but does not include a proceeds allocation sentence in the visible content.