SANM SANMINA CORP Insider Trading

CFO Jonathan P Faust sells 10,076 shares for $2,678,150.42 via pre-arranged 10b5-1 plan at SANM

Jonathan P Faust, EVP & CFO of SANMINA CORP, executed two separate sales totaling 10,076 shares for $2,678,150.42 on 2026-05-29, executed at blended average price $265.80 against a current price of $264.88. The transaction was executed under a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than discretionary. His holdings decreased 11.6% from 87,076 to 77,000 shares post-transaction. SANM stock has risen 18.6% over the past 30 days and 92.0% over 90 days, trading near its 52-week high of $270.49. In his prior open-market sale activity, Faust's cross-ticker track record showed an average 90-day return of +54.7%, and his single prior sale at SANM on 2026-02-24 likewise recorded a +54.7% 90-day return—indicating his prior sells have preceded stock appreciation rather than depreciation.

EVP Global HR Alan McWilliams Reid sold 5,000 SANM shares at $254.39 under 10b5-1 plan; retains 24,481 shares.

Alan McWilliams Reid, EVP of Global Human Resources at Sanmina, sold 5,000 shares (5.0K shares) for $1,271,950.00 on 2026-05-26 as part of a pre-arranged 10b5-1 trading plan, reducing his holdings from 29,481 to 24,481 shares. The sale occurs while the stock is within 2.1% of its 52-week high of $270.49, having appreciated 92.0% over the prior 90 days and 18.6% over the trailing 30 days. Given the transaction is scheduled under a 10b5-1 plan rather than discretionary, the timing reflects a predetermined execution date established in advance, not a response to current valuation or market conditions. The executive retains substantial holdings (24,481 shares post-transaction), signaling continued equity ownership in the company during a period of strong share-price appreciation.

SANM Chairman & CEO Jure Sola sells ~118K shares for $27M near all-time highs; mixed timing on prior exits.

Jure Sola, SANM's Chairman and CEO, sold a significant position during a period of strong stock momentum, exiting roughly 8.8% of his holdings at prices near the company's recent highs. The sale is material in absolute dollar terms and represents a substantial reduction in his direct ownership stake. His prior three exits at this company show conflicting timing signals: all three were well-timed in the near term as the stock declined in the month following each sale, but poorly timed over longer horizons as shares recovered and gained significantly afterward. This pattern suggests that short-term momentum often reverses after his previous sales, though long-term holding periods have punished those exits. SANM remains a growing, profitable company with solid fundamentals, and the stock is trading just slightly below its recent peak, which is atypical for insider sales—most happen during pullbacks rather than strength. The timing and size of this exit merit attention, though the interior consistency of his prior outcomes is mixed and should be weighed against the broader price context at the time of this transaction.

Director Joseph Licata sells $5.6M in SANM shares near 52-week highs amid rapid price recovery

Joseph Licata, a director at Sanmina, divested over $5.6 million in shares across two transactions on the same day, liquidating roughly 30% of one holding and 26.5% of another. The timing is notable: the stock is trading at its 52-week high after a dramatic recovery, having surged substantially over recent months, which typically signals that insiders view current valuations as rich. While the company is profitable with solid revenue growth, the stock is trading at a stretched valuation multiple, suggesting the market is pricing in significant optimism. Licata's decision to sell into this strength—rather than accumulate—hints at concern about near-term downside or simply a rational rebalancing decision at inflated prices. This doesn't constitute a red flag on the company's fundamentals, but it does reflect skepticism from someone with direct board-level visibility into operations and strategy at current price levels.