Sandisk insider sells 2,308 shares under 10b5-1 plan
Sandisk’s chief legal officer reported a 10b5-1 plan sale and a tax-related share withholding in early September 2026.
Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported that Chief Legal Officer & Secty Bernard Shek disposed of common stock in two transactions. On September 8, 2026, he sold 2,308 shares of common stock at $1,767.33 per share in an open-market or private transaction, pursuant to a Rule 10b5-1 trading plan adopted on March 4, 2026.
On September 3, 2026, 2,271 shares of common stock were disposed of at $1,554.99 per share to satisfy a tax obligation by withholding securities incident to the vesting of equity awards in accordance with Rule 16b-3(e). All reported holdings are direct, and no post-transaction share balance is stated.
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Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F2 | 2,308 | $1,767.33 | $4.08M |
| Tax Withholding | Common Stock F1 | 2,271 | $1,554.99 | $3.53M |
Footnotes (2)
- F1. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 4, 2026.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Rule 16b-3(e) regulatory
withholding securities financial
FAQ
What insider transactions did Sandisk Corp (SNDK) disclose for Bernard Shek in this Form 4?
At what prices were Bernard Shek’s Sandisk (SNDK) Form 4 transactions executed?
Was the Sandisk (SNDK) insider sale by Bernard Shek under a Rule 10b5-1 plan?
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