Sandisk officer plans sale of 3,000 shares
Sandisk Corp (SNDK) received a Rule 144 notice that officer Luis Visoso intends to sell 3,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on or after September 15, 2026 on NASDAQ.
Rhea-AI Filing Summary
Sandisk Corp (SNDK) received a Rule 144 notice that officer Luis Visoso intends to sell 3,000 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services on or after September 15, 2026 on NASDAQ. The shares were acquired via vested restricted stock units from August 20, 2025 through May 21, 2026.
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Key Figures
Shares to be sold: 3,000 shares
Proposed sale date: September 15, 2026
Acquisition period for RSU vesting: August 20, 2025 to May 21, 2026
3 metrics
Shares to be sold
3,000 shares
Common stock covered by the Rule 144 notice
Proposed sale date
September 15, 2026
Date listed for the Rule 144 sale on NASDAQ
Acquisition period for RSU vesting
August 20, 2025 to May 21, 2026
Period during which RSUs vested into the shares to be sold
Key Terms
Rule 144, restricted stock units, common stock
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock units financial
"The securities to be sold were acquired upon the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
common stock financial
"Common | Morgan Stanley Smith Barney LLC Executive Financial Services"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 144 filing disclose for SNDK?
It discloses that officer Luis Visoso intends to sell 3,000 shares of Sandisk Corp common stock under Rule 144, with Morgan Stanley Smith Barney LLC Executive Financial Services listed as broker and trading expected on NASDAQ.
What is the proposed sale timing in the SNDK Form 144?
The Form 144 lists a proposed sale date of September 15, 2026 for the 3,000 common shares, with the sale expected to occur on NASDAQ.
Who is the broker for the planned SNDK stock sale under Rule 144?
The planned sale of 3,000 Sandisk Corp common shares is to be handled by Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY 10004.
AI-generated analysis. How Rhea-AI works. Not financial advice.