Sandisk (SNDK) Form 4 shows RSU grant and updated holdings
Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported an equity award to one of its directors. On 11/18/2025, the reporting person received 979 restricted stock units, each representing a contingent right to receive one share of Sandisk common stock, at a stated price of $0.0 per unit, reflecting a standard stock-based compensation grant rather than a market purchase.
After this grant, the director beneficially owns 4,769 shares of Sandisk common stock. This total includes 19 shares of Sandisk common stock received in connection with the spin-off from Western Digital Corporation, which were previously omitted from an earlier ownership report and are now reflected in the updated total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 979 | $0.00 | -- |
Footnotes (1)
- Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Includes 19 shares of Sandisk common stock received in connection with the spin-off from Western Digital Corporation, as described in the Issuer's Form 8-K filed on February 24, 2025, that were inadvertently omitted from the Reporting Person's previous Form 4 filing.
FAQ
What insider transaction did Sandisk (SNDK) report in this Form 4?
The filing reports that a Sandisk director received 979 restricted stock units on 11/18/2025, each representing a contingent right to receive one share of Sandisk common stock.
What is the nature of the 979 units reported for Sandisk (SNDK)?
The 979 units are restricted stock units, which give the holder a contingent right to receive one share of Sandisk common stock for each unit.
What was the reported price for the Sandisk (SNDK) restricted stock unit grant?
The restricted stock units were reported with a price of $0.0 per unit, consistent with stock-based compensation awards rather than an open-market purchase.
What is the reporting person’s relationship to Sandisk (SNDK)?
The reporting person is identified as a Director of Sandisk Corp.
Is this Sandisk (SNDK) Form 4 filed for one or multiple reporting persons?
The Form 4 is indicated as being filed by one reporting person, not a group.