SANMINA (SANM) executive RSU vesting leads to 2,725-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SANMINA CORP executive Vishnu Venkatesh reported a routine tax-related share disposition. On April 15, 2026, 2,725 shares of Common Stock were withheld at $154.31 per share to satisfy statutory tax withholding on the vesting of restricted stock units granted on April 15, 2024. After this withholding, he directly holds 20,775 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Venkatesh Vishnu
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,725 | $154.31 | $420K |
Holdings After Transaction:
Common Stock — 20,775 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Shares withheld for taxes: 2,725 shares
Withholding price per share: $154.31 per share
Shares held after transaction: 20,775 shares
+2 more
5 metrics
Shares withheld for taxes
2,725 shares
Tax withholding on RSU vesting April 15, 2026
Withholding price per share
$154.31 per share
Value used for tax-withholding disposition
Shares held after transaction
20,775 shares
Directly owned Common Stock following April 15, 2026 transaction
Tax-withholding transactions
1 transaction
Form 4 transactionSummary taxWithholdingCount
Tax-withholding shares total
2,725 shares
Form 4 transactionSummary taxWithholdingShares
Key Terms
restricted stock units, statutory withholding requirements, tax-withholding disposition, Common Stock
4 terms
restricted stock units financial
"vesting of restricted stock units granted on April 15, 2024"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
statutory withholding requirements financial
"Shares withheld by registrant to satisfy statutory withholding requirements"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did SANM executive Vishnu Venkatesh report in this Form 4?
He reported a tax-related share disposition. On April 15, 2026, 2,725 SANMINA CORP Common Stock shares were withheld to cover statutory tax obligations upon vesting of restricted stock units granted on April 15, 2024.
What triggered the tax withholding event reported in SANM’s Form 4?
The event was triggered by vesting of restricted stock units. The footnote explains that SANMINA CORP withheld 2,725 shares to satisfy statutory withholding requirements on RSUs granted on April 15, 2024, when those units vested on April 15, 2026.