Sandisk CFO sells 1,000 shares at $1,569
Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported that its Executive Vice President and Chief Financial Officer, Luis Felipe Visoso, sold 1,000 shares of common stock on September 15, 2026 in a sale characterized as an open market or private transaction at $1,568.83 per share, leaving him with 130,976 shares held directly. The filing states that this sale was effected under a Rule 10b5-1 trading plan adopted by him on May 22, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 1,000 shares
Net Sell
1 txn
Insider
Visoso Luis Felipe
Role
EVP & CFO
Sold
1,000 shs ($1.57M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,000 | $1,568.83 | $1.57M |
Holdings After Transaction:
Common Stock — 130,976 shares (Direct)
Footnotes (1)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026.
Key Figures
Shares sold: 1,000 shares
Sale price per share: $1,568.83 per share
Shares held after transaction: 130,976 shares
+1 more
4 metrics
Shares sold
1,000 shares
Sale of Sandisk Corp common stock on September 15, 2026 by the CFO
Sale price per share
$1,568.83 per share
Reported price for the 1,000-share sale on September 15, 2026
Shares held after transaction
130,976 shares
Direct holdings of the CFO following the reported sale
Rule 10b5-1 plan adoption date
May 22, 2026
Date the CFO adopted the trading plan governing the reported sale
Key Terms
Rule 10b5-1 trading plan, Reporting Person, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Reporting Person regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 22, 2026."
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sandisk Corp (SNDK) disclose for its CFO?
Sandisk Corp disclosed that Executive Vice President and Chief Financial Officer Luis Felipe Visoso sold 1,000 shares of common stock on September 15, 2026 in a transaction described as an open market or private sale, according to the ownership report.
Was the SNDK CFO’s sale made under a Rule 10b5-1 trading plan?
Yes. A footnote states that the sales reported were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 22, 2026.
What type of transaction was reported in this Sandisk (SNDK) Form 4?
The ownership report describes the CFO’s transaction as a sale of common stock in an open market or private transaction, involving 1,000 shares on September 15, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.