SANM Form 4: Director Disposes 755 Shares Under 10b5-1 Plan

Rhea-AI Filing Summary

Susan A. Johnson, a director of Sanmina Corp (SANM), reported a sale of 755 shares of the company on 08/29/2025 at an exact price of $119.04 per share. After this transaction she beneficially owned 8,827 shares in a direct capacity. The filing indicates the sale was made pursuant to a plan intended to satisfy the Rule 10b5-1 affirmative defense. The Form 4 was executed by an attorney-in-fact on 09/02/2025. The disclosure is a routine Section 16 reporting of an insider disposition and provides the specific quantities and price of the trade.

Positive

• Transaction disclosed under Rule 10b5-1, indicating the sale was made pursuant to a pre-established plan
• Precise reporting of price and quantity (755 shares at $119.04), supporting transparency
• Post-transaction beneficial ownership provided (8,827 shares), allowing clear update of insider holdings

Negative

• Director reduced direct holdings by 755 shares, which modestly lowers insider ownership

Insights

Financial Analyst

TL;DR: Director sold a small block of shares under a 10b5-1 plan; transaction is transparent and likely routine.

The sale of 755 shares at $119.04 reduces the director's direct holdings to 8,827 shares. Because the Form 4 checks the box indicating a 10b5-1 plan, the transaction appears pre-planned rather than opportunistic, which limits informational content for short-term signals. This disclosure is precise about price and quantity, enabling investors to update insider ownership figures. The transaction size should be assessed relative to total outstanding shares for materiality, which is not provided here.

Corporate Governance Expert

TL;DR: Reporting follows Section 16 mechanics and cites a Rule 10b5-1 plan, consistent with strong disclosure practice.

The Form 4 documents the director's disposition and marks the contract/plan box, which supports compliance with insider trading policies. Execution by an attorney-in-fact is clearly indicated and the filing supplies the post-transaction beneficial ownership. There is no indication of amendment or irregularity in the filing itself. Without additional context on timing or aggregate insider activity, governance implications are limited to standard transparency and policy adherence.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Johnson Susan A

(Last) (First) (Middle)

2700 NORTH FIRST STREET

(Street)

SAN JOSE CA 95134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SANMINA CORP [ SANM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/29/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/29/2025		S		755	D	$119.04(1)	8,827	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. All shares sold at an exact price.

	/s/ Christopher K. Sadeghian, Attorney-in-Fact	09/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Susan A. Johnson report on the Form 4 for SANM?

The Form 4 reports a sale of 755 shares of Sanmina (SANM) on 08/29/2025 at $119.04 per share and a remaining direct beneficial ownership of 8,827 shares.

Was the SANM insider sale made under a 10b5-1 plan?

Yes. The filer checked the box indicating the transaction was made pursuant to a contract, instruction, or written plan intended to satisfy the Rule 10b5-1 affirmative defense.

Who signed the Form 4 for the SANM filing and when?

The Form 4 was signed by Christopher K. Sadeghian, Attorney-in-Fact on 09/02/2025 on behalf of the reporting person.

How many shares does Susan A. Johnson own after the reported sale?

After the reported transaction, she beneficially owned 8,827 shares directly.

What price were the SANM shares sold for in the Form 4?

All shares were sold at an exact price of $119.04 per share, as stated in the filing.