Sandisk officer plans sale of 6,270 shares, $9.7M
A Sandisk Corp officer filed a Rule 144 notice to sell 6,270 common shares acquired through restricted stock unit vesting.
Rhea-AI Filing Summary
Sandisk Corp (SNDK) has a notice from officer Alper Ilkbahar indicating an intention under Rule 144 to sell up to 6,270 shares of common stock through Morgan Stanley Smith Barney LLC. The planned sale is dated September 3, 2026 on NASDAQ, with an aggregate market value reported as $9,739,818.00.
The shares were acquired from the issuer upon the vesting of restricted stock units during the period from March 20, 2025 through November 25, 2025, and the Form 144 states that these securities are being sold for the account of Alper Ilkbahar.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 6,270 shares
Aggregate market value: $9,739,818.00
Planned sale date: September 3, 2026
+2 more
5 metrics
Shares to be sold
6,270 shares
Common stock covered by the Rule 144 notice for Sandisk
Aggregate market value
$9,739,818.00
Reported value of the 6,270 shares to be sold
Planned sale date
September 3, 2026
Date listed for the Rule 144 sale on NASDAQ
Initial RSU vesting date
March 20, 2025
Start of the period when RSUs vested and produced the shares
Final RSU vesting date
November 25, 2025
End of the period when RSUs vested and produced the shares
Key Terms
Rule 144, restricted stock units, aggregate market value
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.
aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 6270 | 9739818.00 |"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does Sandisk Corp (SNDK) disclose in this Form 144 filing?
The filing states that officer Alper Ilkbahar plans, under Rule 144, to sell up to 6,270 shares of Sandisk common stock through Morgan Stanley Smith Barney LLC, with a planned sale date of September 3, 2026 on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.