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Sandisk officer plans sale of 4,108 shares

An officer of Sandisk Corp has filed a Rule 144 notice to sell 4,108 common shares, following recent 10b5-1 sales totaling 1,800 shares.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Sandisk Corp (SNDK) received a notice that officer Bernard Shek plans to sell Sandisk common stock under Rule 144. The planned sale covers 4,108 shares held in an account at Morgan Stanley Smith Barney, including 2,308 shares from Restricted Stock Units and 1,800 shares received in the WDC spinoff.

The notice lists prior Rule 10b5-1 sales over the past three months totaling 1,800 shares of Sandisk common stock, executed in three blocks of 600 shares each on July 1, August 3, and September 1, 2026. The securities to be sold were acquired during the period from February 21, 2025 through March 12, 2025.

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Planned shares to be sold under Rule 144 4,108 shares Sandisk common stock covered by Bernard Shek’s notice
RSU shares to be sold 2,308 shares Restricted Stock Units acquired on September 3, 2026
WDC spinoff shares to be sold 1,800 shares Shares acquired in WDC-Spinoff on February 21, 2025
Shares sold in past 3 months 1,800 shares Three 10b5-1 sales of 600 shares each in July, August, September 2026
July 1, 2026 sale value $1,252,800.00 600 shares of Sandisk common stock sold under 10b5-1
August 3, 2026 sale value $697,296.00 600 shares of Sandisk common stock sold under 10b5-1
September 1, 2026 sale value $915,360.00 600 shares of Sandisk common stock sold under 10b5-1
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
"Common | 09/03/2026 | Restricted Stock Units | Issuer"
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.
WDC-Spinoff financial
"Common | 02/21/2025 | WDC-Spinoff | Issuer"
10b5-1 regulatory
"10b5-1 Sales for BERNARD SHEK 951 Sandisk Drive"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

FAQ

What does the Form 144 filing disclose for SNDK?

It discloses that Bernard Shek, an officer of Sandisk Corp, has notified the SEC of his intent to sell 4,108 shares of Sandisk common stock under Rule 144, with shares held at Morgan Stanley Smith Barney LLC.

How many SNDK shares is Bernard Shek planning to sell under Rule 144?

The notice covers a proposed sale of 4,108 shares of Sandisk common stock. These include 2,308 shares from Restricted Stock Units acquired on September 3, 2026 and 1,800 shares received in the WDC-Spinoff on February 21, 2025.

What prior Sandisk (SNDK) stock sales are reported in the last three months?

The filing lists three 10b5-1 sales by Bernard Shek, each for 600 shares of Sandisk common stock, on July 1, 2026, August 3, 2026, and September 1, 2026, totaling 1,800 shares and aggregate dollar amounts of $1,252,800.00, $697,296.00, and $915,360.00, respectively.

How were the SNDK shares to be sold by Bernard Shek originally acquired?

According to the notice, 2,308 shares were acquired as Restricted Stock Units on September 3, 2026, and 1,800 shares were acquired in the WDC-Spinoff on February 21, 2025. The remarks state the securities were acquired during the period from February 21, 2025 through March 12, 2025.

What brokerage firm is involved in the planned SNDK share sale?

The common shares covered by the notice are held through Morgan Stanley Smith Barney LLC Executive Financial Services at 1 New York Plaza, 8th Floor, New York, NY 10004, which is the broker listed for these Rule 144 sales of Sandisk common stock.

On what date was the Rule 144 notice for SNDK filed and what market is cited?

The Date of Notice is listed as September 8, 2026, and the securities information section identifies the trading market as NASDAQ for the Sandisk common stock covered by the intended Rule 144 sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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