Sandisk CFO withholds 5,838 shares for taxes
Sandisk’s EVP & CFO had shares withheld to cover taxes on vesting, and continues to hold a six-figure share position.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported an insider Form 4 for EVP & CFO Luis Felipe Visoso. On September 3, 2026, 5,838 shares of common stock were disposed of through share withholding to satisfy a tax obligation incident to vesting under Rule 16b-3(e). After this transaction, Visoso directly owns 131,976 shares of Sandisk common stock. No trades were reported under a Rule 10b5-1 trading plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 5,838 | $1,554.99 | $9.08M |
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
tax obligation financial
withholding securities financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sandisk Corp (SNDK) report for Luis Felipe Visoso?
Was the Sandisk (SNDK) Form 4 transaction by Luis Felipe Visoso a market sale?
What transaction code is used in this Sandisk (SNDK) Form 4 for Luis Felipe Visoso?
Was a Rule 10b5-1 trading plan involved in this Sandisk (SNDK) Form 4 transaction?
AI-generated analysis. How Rhea-AI works. Not financial advice.