Sanmina (NASDAQ: SANM) holders back expanded equity plan at 2026 meeting

Rhea-AI Filing Summary

Sanmina Corporation reported results of its March 9, 2026 annual stockholder meeting and an update to its long‑term incentive plan. Stockholders approved an amendment to the 2019 Equity Incentive Plan, reserving an additional 1,200,000 shares of common stock for future awards to executives, employees, consultants and non‑employee directors. The plan, which expires on December 3, 2028, allows a range of awards including stock options, stock appreciation rights, restricted stock, restricted stock units, performance units and performance shares.

Stockholders of record as of January 16, 2026 voted on the election of eight director nominees, each receiving tens of millions of votes in favor and being elected. Several other proposals received strong support, with one proposal drawing 5,761,319 votes for and 42,678,217 against, indicating it was not approved.

8-K Event Classification

3 items: 5.02, 5.07, 9.01

3 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 5.07 Submission of Matters to a Vote of Security Holders Governance

Results of a shareholder vote on proposals at an annual or special meeting.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Understanding 8-K Material Events →

false 0000897723 0000897723 2026-03-09 2026-03-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

March 9, 2026

Date of Report (Date of earliest event reported)

SANMINA CORPORATION

(Exact name of registrant as specified in its charter)

Delaware		000-21272		77-0228183
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S. Employer Identification No.)

2700 North First Street

San Jose, California 95134

(Address of principal executive offices)

(408) 964-3500

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) 

¨   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) 

¨   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2) of this chapter)

Emerging growth company  ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		SANM		NASDAQ Global Select Market

ITEM 5.02     DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS

On March 9, 2026, the stockholders of the Company approved an amendment of the Company’s 2019 Equity Incentive Plan (the “2019 Plan”) to reserve an additional 1,200,000 shares of Common Stock for issuance thereunder.

The 2019 Plan provides for the grant to eligible individuals of stock options, both incentive stock options and nonqualified stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares and such other cash and stock awards as the administrator of the 2019 Plan shall determine. The terms and conditions of each type of award are set forth in the 2019 Plan. Individuals eligible to receive awards under the 2019 Plan include executive officers, employees, consultants and non-employee members of the Company’s Board of Directors. The 2019 Plan expires on December 3, 2028.

ITEM 5.07 SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

On March 9, 2026, the Company held its 2026 Annual Meeting of Stockholders. The matters voted upon at the meeting by stockholders of record as of January 16, 2026 and the vote with respect to each such matter is set forth below:

1. To elect eight directors of the Company.

Nominee		For				Against				Abstain				Broker Non-Votes
Susan K. Barnes			47,654,771				736,564				112,390				2,621,828
David V. Hedley III			40,504,828				7,975,501				23,396				2,621,828
Susan A. Johnson			40,455,204				8,023,528				24,993				2,621,828
Joseph G. Licata			39,495,174				8,990,753				17,798				2,621,828
Michael J. Loparco			46,878,928				1,604,871				19,926				2,621,828
Krish Prabhu			45,516,654				2,963,014				24,057				2,621,828
Mythili Sankaran			27,580,680				20,896,872				26,173				2,621,828
Jure Sola			47,412,746				1,068,216				22,763				2,621,828

2. To ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending October 3, 2026.

For				Against				Abstain				Broker Non- Votes
	50,528,448				578,906				18,199				0

3. To approve, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers.

For				Against				Abstain				Broker Non- Votes
	39,455,563				9,020,980				27,182				2,621,828

4. To approve the reservation of an additional 1,200,000 shares of Common Stock for issuance under the 2019 Plan.

For				Against				Abstain				Broker Non- Votes
	46,532,962				1,939,866				30,897				2,621,828

5. To consider and vote upon the stockholder proposal entitled “Proposal 5 – Independent Board Chairman,” requesting that the Board of Directors adopt a policy in order that two separate people hold the office of the Chairman and the office of the CEO.

For				Against				Abstain				Broker Non- Votes
	5,761,319				42,678,217				64,189				2,621,828

2

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.

	Exhibit No		Description
	104		Cover Page Interactive Data File (embedded with the inline XBRL document)

3

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

	SANMINA CORPORATION
	By:	/s/ Jonathan Faust
		Jonathan Faust
		Executive Vice President and Chief Financial Officer

Date: March 11, 2026

4

FAQ

What equity plan change did Sanmina (SANM) stockholders approve in March 2026?

Stockholders approved an amendment to Sanmina’s 2019 Equity Incentive Plan to reserve an additional 1,200,000 shares of common stock. The plan supports stock options, restricted stock, RSUs, performance awards and other equity or cash incentives for executives, employees, consultants and non‑employee directors.

Who is eligible to receive awards under Sanmina’s 2019 Equity Incentive Plan?

Eligible participants include Sanmina’s executive officers, other employees, consultants and non‑employee members of its Board of Directors. They may receive stock options, stock appreciation rights, restricted stock, restricted stock units, performance units, performance shares and other cash or stock‑based awards defined in the plan.

When does Sanmina’s 2019 Equity Incentive Plan expire?

Sanmina’s 2019 Equity Incentive Plan is scheduled to expire on December 3, 2028. Until that date, the plan allows the company to grant a variety of stock‑based and cash awards, including the additional 1,200,000 reserved shares approved by stockholders in March 2026.

What happened at Sanmina’s 2026 Annual Meeting of Stockholders?

At the 2026 Annual Meeting, stockholders elected eight director nominees and voted on several proposals. They approved an amendment adding 1,200,000 shares to the 2019 Equity Incentive Plan, while at least one other proposal received significantly more votes against than for and was not approved.

How did Sanmina stockholders vote on the proposal that was not approved?

One proposal received 5,761,319 votes for, 42,678,217 votes against, 64,189 abstentions and 2,621,828 broker non‑votes. The substantial margin of votes against indicates that this particular proposal did not pass at the 2026 Annual Meeting of Stockholders.

Which exchange lists Sanmina (SANM) common stock and under what symbol?

Sanmina’s common stock is listed on the NASDAQ Global Select Market under the trading symbol SANM. This listing information was confirmed alongside the company’s annual meeting and equity plan amendment disclosures in the same regulatory communication.

Filing Exhibits & Attachments

3 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 2.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 33.4 KB
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 21.8 KB