Sandisk CEO withholds 10,540 shares for taxes
Sandisk’s CEO had 10,540 shares withheld for taxes upon vesting and now holds 447,248 shares directly.
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Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported that Chairman & CEO David Goeckeler had shares withheld on September 3, 2026 to satisfy tax obligations related to vesting equity awards. The transaction involved 10,540 shares of common stock treated as a disposition for tax withholding purposes and was carried out by the company under Rule 16b-3(e).
After this tax-withholding transaction, Goeckeler continues to hold 447,248 shares of Sandisk common stock directly. No open-market purchase or sale of shares is reported, and no Rule 10b5-1 trading plan is indicated.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 10,540 | $1,554.99 | $16.39M |
Footnotes (1)
- F1. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
Key Figures
Key Terms
withholding securities financial
Rule 16b-3(e) regulatory
tax obligation financial
vesting of securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sandisk Corp (SNDK) report for CEO David Goeckeler?
Was the Sandisk (SNDK) CEO’s Form 4 transaction an open-market sale or purchase?
Was Sandisk (SNDK) CEO’s tax-withholding transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.