Sanmina director receives 1,536-share stock award
Hedley David V III reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Hedley David V III reported acquisition or exercise transactions in this Form 4 filing.
SANMINA CORP director David V. Hedley III received an equity award of 1,536 restricted stock units of Common Stock. The units were valued at $123.69 per share for reporting purposes and increase his direct holdings to 7,876 shares. Each unit represents a right to one share of common stock.
The restricted stock units vest in four equal quarterly installments from the grant date, meaning the shares are earned over one year as long as service conditions are met. This is a routine compensation-related grant rather than an open-market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,536 | $123.69 | $190K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Sanmina Corporation common stock.
- F2. The restricted stock units vest in four equal quarterly installments from date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sanmina (SANM) director David V. Hedley III report on this Form 4?
Was the SANM insider transaction a stock purchase or a compensation grant?
What are the vesting terms of the Sanmina restricted stock units granted to the director?
What does each restricted stock unit in this SANM Form 4 represent?
At what value were the Sanmina restricted stock units reported in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.