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AI brief of an SEC Form 8-K · Sanmina (SANM)

Sanmina approves fiscal 2025 corporate bonus plan tied to revenue, margin and cash flow

Neutral Impact 2 of 5 shareholder Written later

Sanmina's compensation committee approved a Fiscal Year 2025 Corporate Bonus Plan on December 9, 2024. The plan ties incentive pay to revenue, non-GAAP operating margin and cash flow from operations targets, and pays nothing if minimum performance is not met.

Key points

  • Approved by the Compensation Committee on December 9, 2024, covering fiscal 2025
  • Targets: revenue, non-GAAP operating margin and cash flow from operations
  • Executive target incentive ranges from 90% to 187.5% of annual base salary
  • Committee may amend or terminate the plan and adjust individual awards up or down

The filing

CompanySanmina (SANM)
Form8-K, current report
Filed with the SECDec 12, 2024, 4:05 PM ET
Accession number0001104659-24-128005

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:57 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 12, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.