SANMINA CORP SEC Filings

Sanmina Corporation director Michael J. Loparco reported a small open-market share purchase. On January 30, 2026, he purchased 700 shares of common stock at a price of $142.46 per share. Following this transaction, he beneficially owns 3,196 common shares, held in direct ownership.

The Vanguard Group reported a large ownership position in Sanmina Corp common stock as of 12/31/2025. Vanguard beneficially owned 6,782,467 shares, representing 12.43% of the outstanding common stock.

Vanguard reported shared voting power over 431,154 shares and shared dispositive power over 6,782,467 shares, with no sole voting or dispositive power. The shares are held for clients, who have rights to dividends and sale proceeds, and no single client holds more than 5% of the class.

Vanguard stated the position is held in the ordinary course of business and not for the purpose of changing or influencing control of Sanmina. Vanguard also noted an internal realignment effective 01/12/2026, after which certain subsidiaries are expected to report beneficial ownership separately while pursuing the same investment strategies.

Sanmina Corporation’s quarterly results reflect a transformative acquisition and mixed profitability. Net sales rose to $3.19 billion from $2.01 billion, a 59% increase driven mainly by the ZT Systems acquisition and growth in cloud and AI infrastructure. However, gross margin slipped to 7.6% and net income attributable to common shareholders declined to $49.3 million from $65.0 million, with diluted EPS at $0.89 versus $1.16 a year earlier, weighed down by $49 million of inventory fair value amortization and $43 million of acquisition and integration costs.

The ZT Systems deal had total preliminary consideration of about $1.92 billion, including $1.65 billion cash to sellers, $155 million in stock and an estimated $111 million contingent earnout, adding roughly $276 million of goodwill and $51 million of identifiable intangibles. To fund the transaction, Sanmina replaced a $300 million term loan with a new credit facility and an additional Term Loan B, ending the quarter with $2.20 billion of term loans outstanding and long-term debt of $2.17 billion. Operating cash flow strengthened to $178.7 million, cash and cash equivalents increased to $1.42 billion, and the company repurchased $79 million of stock while maintaining $160 million remaining under repurchase programs.

Sanmina Corporation filed a current report noting that it has released unaudited financial results for its fiscal quarter ended December 27, 2025. The company issued a press release, included as Exhibit 99.1, to provide details on its results of operations and financial condition for that quarter. The information in this report related to the press release is being furnished rather than filed under securities laws, which affects how it is treated for liability and incorporation into other SEC filings.

Sanmina Corporation is asking stockholders to vote on eight director nominees and several key proposals while highlighting strong fiscal 2025 performance and a major strategic acquisition. Revenue reached $8.13 billion, up 7.4% year over year, with notable growth in communications networks and cloud and AI infrastructure. Non-GAAP operating margin increased to 5.7% and non-GAAP diluted EPS rose 14.4% to $6.04. The company generated $621 million in operating cash flow, invested $142 million in equipment, facilities and technology, and repurchased 1.44 million shares for $113.7 million.

Sanmina completed what it calls a “transformative” acquisition of ZT Systems, a cloud and AI infrastructure provider, to deepen its presence with large hyperscale customers. The proxy outlines governance practices such as a largely independent board with a lead independent director, stock ownership guidelines, anti-hedging and anti-pledging policies, and an active stockholder outreach program.

Stockholders are being asked to elect eight directors, ratify PwC as auditor, approve on an advisory basis named executive officer pay, and approve reserving an additional 1,200,000 shares for the 2019 Equity Incentive Plan. The board recommends voting against a stockholder proposal calling for an independent board chair, citing the current combined chair/CEO with a lead independent director structure. Executive compensation is described as heavily performance-based, with about 93% of the CEO’s 2025 target pay tied to financial goals and equity incentives.

Sanmina Corp executive Jonathan P. Faust reported a tax-related share withholding transaction. On January 16, 2026, 10,845 shares of Sanmina common stock were withheld by the company to satisfy statutory tax withholding requirements tied to the vesting of restricted stock units that were originally granted on January 16, 2024. After this withholding, Faust beneficially owned 97,151 shares of Sanmina common stock in direct ownership form. The transaction was coded "F," indicating it was connected to equity award vesting rather than an open-market trade.

Sanmina Corporation has filed an amended report to provide more detail on its acquisition of ZT Group Int’l, Inc. from a wholly owned subsidiary of Advanced Micro Devices, Inc. The company previously completed this acquisition on October 27, 2025 by purchasing all ZT common stock held by the seller under a May 18, 2025 equity purchase agreement. This amendment adds ZT’s audited consolidated financial statements for the years ended July 31, 2025 and 2024, and Sanmina’s unaudited pro forma condensed combined balance sheet as of September 27, 2025 and statement of income for the year ended September 27, 2025, showing how the combined company would have looked after the acquisition.

Sanmina Corporation reported an insider transaction by a senior officer. On 12/17/2025, the officer sold 692 shares of Sanmina common stock at a price of $149.22 per share, as shown in Table I of the filing. After this sale, the officer beneficially owned 23,500 shares in direct form. The reporting person is described as the company’s SVP, Global Controller and Chief Accounting Officer, and the filing is made by one reporting person.

Sanmina Corporation reports insider equity activity by its SVP, Global Controller and Chief Accounting Officer. On 12/15/2025, the officer acquired 4,000 restricted stock units of common stock at a reference price of $158.17 per share. These units vest in four equal installments of 1,000 shares each year over four years from the grant date.

On 12/16/2025, the company withheld 808 shares of common stock at $146.84 per share to cover tax withholding on previously granted restricted stock units that vested. After these transactions, the officer directly beneficially owns 24,192 shares of Sanmina common stock.