Sandisk CEO reports tax-share dispositions
Sandisk Corp Chairman & CEO David Goeckeler reported two tax-related share dispositions under Rule 16b-3(e).
Rhea-AI Filing Summary
Sandisk Corp Chairman & CEO David Goeckeler reported two tax-related share dispositions under Rule 16b-3(e). A total of 2,332 shares of common stock were withheld at $649.97 per share to cover tax obligations upon vesting. He continues to hold 515,372 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 2,332 shares
Exercise Price or Tax Liability
2 txns
Insider
Goeckeler David
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,032 | $649.97 | $671K |
| Exercise Price or Tax Liability | Common Stock | 1,300 | $649.97 | $845K |
Holdings After Transaction:
Common Stock — 515,372 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).
FAQ
What did Sandisk (SNDK) CEO David Goeckeler report in this Form 4?
David Goeckeler reported tax-related dispositions of Sandisk common stock. A total of 2,332 shares were withheld to satisfy tax obligations tied to vesting, rather than being sold in open-market transactions.
Were David Goeckeler’s Sandisk (SNDK) transactions open-market sales?
No, the transactions were not open-market sales. They were coded “F” and described as tax-withholding dispositions, meaning shares were withheld to pay tax obligations when restricted stock vested.
What does transaction code F mean in this Sandisk (SNDK) Form 4?
Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In this case, Sandisk shares were withheld to satisfy tax obligations when previously granted equity awards vested.
On which dates did the Sandisk (SNDK) tax-withholding transactions occur?
The tax-withholding dispositions occurred on two dates. One transaction was reported on February 20, 2026 for 1,300 shares, and another on February 21, 2026 for 1,032 shares of common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.