Sandisk (SNDK) tech chief now holds 48,846 shares
Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported an insider tax-related share disposition by EVP and Chief Technology Officer Alper Ilkbahar. On 2026-08-25, 654 shares of common stock were withheld to satisfy a tax obligation incident to the vesting of securities under Rule 16b-3(e). Following this withholding, Ilkbahar directly holds 48,846 shares of Sandisk common stock.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 654 shares
Net Sell
1 txn
Insider
Ilkbahar Alper
Role
EVP, Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 654 | $1,480.77 | $968K |
Holdings After Transaction:
Common Stock — 48,846 shares (Direct)
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
Shares withheld for tax: 654 shares
Transaction price per share: 1,480.77
Shares owned after transaction: 48,846 shares
3 metrics
Shares withheld for tax
654 shares
Code F tax-withholding disposition on 2026-08-25
Transaction price per share
1,480.77
Reported price per share for the 654-share tax-withholding transaction
Shares owned after transaction
48,846 shares
Directly held by Alper Ilkbahar following the 2026-08-25 transaction
Key Terms
Form 4, Rule 16b-3(e), tax obligation, withholding securities, +1 more
5 terms
Form 4 regulatory
"reported an insider tax-related share disposition by EVP"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Rule 16b-3(e) regulatory
"withholding securities incident to the vesting of securities"
tax obligation financial
"Payment of tax obligation by withholding securities incident"
withholding securities financial
"Payment of tax obligation by withholding securities incident"
Exercise Price or Tax Liability financial
"exercisePriceOrTaxLiabilityCount/exercisePriceOrTaxLiabilityShares"
FAQ
What insider transaction did Sandisk Corp (SNDK) report for Alper Ilkbahar?
Sandisk reported that EVP and Chief Technology Officer Alper Ilkbahar had 654 shares of common stock withheld on 2026-08-25 to pay a tax obligation related to vesting securities, classified as a Form 4 code F transaction.
Was the Sandisk (SNDK) Form 4 transaction an open-market sale?
No. The transaction was a code F event: shares were withheld as payment of tax obligation upon vesting of securities in accordance with Rule 16b-3(e), not an open-market sale of Sandisk shares.
Is the Sandisk (SNDK) Form 4 transaction under a Rule 10b5-1 trading plan?
No. The filing’s Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and the footnote describes only tax withholding incident to vesting under Rule 16b-3(e).
AI-generated analysis. How Rhea-AI works. Not financial advice.