The dollar amount is too small relative to market cap to signal anything about management's view of the business. Per the asymmetry rule, cluster sales are not predictive even when multiple C-suite executives trade. Ignore this cluster and focus on the company's next earnings release or any material 8-K filings.
Price Chart
Executive Summary
Two C-suite insiders at Sanmina (EVP & CFO and EVP, Global Human Resources) sold a combined $2.61M in open-market sales over a 4-day window. This represents ~0.019% of the $13.9B market cap — a trivial proportion that falls well below the 0.1% materiality threshold, making this a routine liquidity-driven cluster with no informational signal.
Key Financial Metrics
Key Facts
- EVP & CFO Jonathan Faust sold 5,038 shares at $265.73 for $1.34M on 2026-05-29
- EVP, Global Human Resources Alan McWilliams sold 5,000 shares at $254.39 for $1.27M on 2026-05-26
- Total cluster value of $2.61M represents ~0.019% of Sanmina's $13.9B market cap
- Both sales were open-market transactions (code S), not tax-withholding or derivative exercises
- No insider purchases were reported in this cluster
Financial Impact
Total insider sales of $2.61M, or ~0.019% of market cap — economically trivial
Risk Factors
- No material risk signal from this cluster — sales are routine and sub-threshold
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-SANM-1780353425466 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 27, 2026 9w ago | 8-K | $172.43 $191.11 | ▲ +10.83% | ▲ +7.45% | $229.04 (+32.83%) |
Jul 27, 2026 9w ago | Press Release | $172.43 $191.11 | ▲ +10.83% | ▲ +7.45% | $229.04 (+32.83%) |
Jul 13, 2026 11w ago | Press Release | $207.59 $202.75 | ▼ −2.33% | ▼ −4.82% | $229.04 (+10.33%) |
Jun 1, 2026 17w ago | Insider Cluster | $278.36 $246.39 | ▼ −11.49% | ▼ −9.92% | $229.04 (−17.72%) |
May 1, 2026 22w ago | Insider Cluster | $223.27 $264.88 | ▼ −18.64% | ▼ −13.35% | $229.04 (−2.58%) |
Apr 29, 2026 22w ago | Insider Cluster | $208.67 $261.82 | ▲ +25.47% | ▲ +20.01% | $229.04 (+9.76%) |
Apr 29, 2026 22w ago | Insider Cluster | $208.67 $261.82 | ▲ +25.47% | ▲ +20.01% | $229.04 (+9.76%) |
Apr 29, 2026 22w ago | Insider Cluster | $221.89 $278.36 | ▲ +25.45% | ▲ +20.50% | $229.04 (+3.22%) |
Apr 29, 2026 22w ago | Insider Cluster | $208.67 $261.82 | ▲ +25.47% | ▲ +20.01% | $229.04 (+9.76%) |
Feb 24, 2026 31w ago | Insider Cluster | $158.17 $134.80 | ▲ +14.78% | ▲ +9.79% | $229.04 (−44.81%) |
US Market Status
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