January 16, 2024 · Form 4 insider transaction
Faust Jonathan P bought 90,000 shares of Sanmina Corporation at $50.34 per share, a transaction worth $4.53M. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Each restricted stock unit represents a contingent right to receive one share of Sanmina Corporation common stock.; The restricted units vest 20,000 shares one year after the grant date, 20,000 shares two years after the grant date, 20,000 shares three years after the grant date, and 30,000 shares four years after the grant date.