[Form 4] Sandisk Corp Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sandisk Corp director and CEO David Goeckeler reported a small tax-related share disposition. On 2026-05-25, 1,569 shares of Common Stock were withheld at a price of $1,478.69 per share to cover tax obligations tied to vesting equity awards under Rule 16b-3(e).
After this tax-withholding disposition, he directly holds 509,903 shares of Sandisk Corp common stock. This is a routine administrative transaction to satisfy taxes on vested shares rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Goeckeler David
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,569 | $1,478.69 | $2.32M |
Holdings After Transaction:
Common Stock — 509,903 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 1,569 shares
Withholding price per share: $1,478.69 per share
Shares held after transaction: 509,903 shares
3 metrics
Shares withheld for taxes
1,569 shares
Tax-withholding disposition on 2026-05-25
Withholding price per share
$1,478.69 per share
Value used for tax-withholding calculation
Shares held after transaction
509,903 shares
Direct holdings after tax-withholding disposition
Key Terms
tax-withholding disposition, Rule 16b-3(e), Form 4
3 terms
tax-withholding disposition financial
"a small tax-related share disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Rule 16b-3(e) regulatory
"vesting of securities in accordance with Rule 16b-3(e)"
Form 4 regulatory
"routine Form 4 transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.