Sandisk CEO has 2,333 shares withheld for taxes
Sandisk Corp (SNDK) reported that Chairman and CEO David Goeckeler had two Form 4 transactions in the company’s common stock.
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Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported that Chairman and CEO David Goeckeler had two Form 4 transactions in the company’s common stock. On 2026-08-21, 1,033 shares were disposed of at a reported $1,596.08 per share, and on 2026-08-20, 1,300 shares were disposed of at a reported $1,600.62 per share. In both cases, a footnote explains that the shares were withheld to satisfy a tax obligation arising from vesting of equity awards, with the transactions effected by withholding securities in accordance with Rule 16b-3(e), rather than open‑market sales.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 1,033 | $1,596.08 | $1.65M |
| Tax Withholding | Common Stock F1 | 1,300 | $1,600.62 | $2.08M |
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
Rule 16b-3(e) regulatory
withholding securities financial
tax obligation financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SNDK report for David Goeckeler on this Form 4?
Were the recent SNDK insider transactions open-market sales?
What prices are reported for the SNDK Form 4 tax-withholding transactions?
Does the SNDK Form 4 indicate use of a Rule 10b5-1 trading plan?
What role does David Goeckeler hold at SNDK in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.