Sanmina (SANM) Rule 144 Notice — 755 Shares, $89.9K Value
Rhea-AI Filing Summary
The filer intends to sell 755 common shares under Rule 144 with an aggregate market value of $89,875.20, and lists 53,284,450 shares outstanding for the issuer. The proposed approximate sale date is 08/29/2025. The 755 shares were acquired on 06/15/2024 as restricted stock from the issuer, and payment was recorded as Not Applicable. No securities were reported sold in the past three months. The filing does not provide the issuer's full name or address in the visible content and contains standard Rule 144 attestations about material non-public information and trading-plan representations.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine Rule 144 notice disclosing a small proposed sale; appears compliant with required disclosures.
The notice reports a planned sale of 755 restricted common shares acquired 06/15/2024, with an approximate sale date of 08/29/2025 and an aggregate market value of $89,875.20. The filer affirms no undisclosed material adverse information and indicates no sales in the prior three months. From a compliance perspective this meets the core Rule 144 disclosure elements presented in the form text: class, acquisition date and nature, quantity, and proposed sale timing. The filing as provided omits the issuer name and certain contact fields in the visible content, which are material for investor identification; if absent in the actual submission that would be an issue, but the form content shown includes the required sale details.
TL;DR: The position is immaterial to cap table and unlikely to affect market pricing.
The filing discloses 755 shares against 53,284,450 shares outstanding, representing roughly 0.0014% of the outstanding base, which is negligible for market impact. The aggregate value of $89,875.20 also indicates a small notional trade relative to typical public-company free float values. There are no reported sales in the prior three months, and the shares were issued as restricted stock on 06/15/2024. This signals a routine insider/affiliate disposition under Rule 144 rather than a material shift in ownership or control.