Sandisk CTO sells 400 shares under 10b5-1 plan
Sandisk’s EVP and CTO reported Rule 10b5-1 plan sales of 400 shares and withholding of 3,244 shares for taxes on September 3, 2026.
Rhea-AI Filing Summary
Sandisk Corp (SNDK) executive vice president and chief technology officer Alper Ilkbahar reported multiple transactions in the company’s common stock on September 3, 2026.
The filing shows open-market sales totaling 400 shares at prices around $1,561–$1,571 per share, made under a Rule 10b5-1 trading plan adopted June 4, 2026, plus a disposition of 3,244 shares withheld to pay tax obligations upon vesting of equity awards under Rule 16b-3(e). Post-transaction share holdings are not stated in this data.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 400 shares
Net Sell
5 txns
Insider
Ilkbahar Alper
Role
EVP & Chief Technology Officer
Sold
400 shs ($626K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 120 | $1,561.69 | $187K |
| Sale | Common Stock F2, F4 | 200 | $1,563.684 | $313K |
| Sale | Common Stock F2 | 40 | $1,564.40 | $63K |
| Sale | Common Stock F2, F5 | 40 | $1,571.041 | $63K |
| Tax Withholding | Common Stock F6 | 3,244 | $1,554.99 | $5.04M |
Holdings After Transaction:
Common Stock — 40,490 shares (Direct)
Footnotes (6)
- F1. This Form 4 reports additional transactions effected on September 3, 2026 that were reported in part on a separate Form 4 filed on the same date, September 8, 2026.
- F2. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 4, 2026.
- F3. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1561.31 to a high of $1562.01. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F4. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1563.22 to a high of $1564.20. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F5. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1571.03 to a high of $1571.25. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.
- F6. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
Key Figures
Shares sold total: 400 shares
Shares sold at $1,561.69: 120 shares
Shares sold at $1,563.684: 200 shares
+4 more
7 metrics
Shares sold total
400 shares
Open-market or private sales of Sandisk common stock on September 3, 2026
Shares sold at $1,561.69
120 shares
Sale of common stock on September 3, 2026 at $1,561.69 per share
Shares sold at $1,563.684
200 shares
Sale of common stock on September 3, 2026 at $1,563.684 per share (weighted average footnoted)
Shares sold at $1,564.40
40 shares
Sale of common stock on September 3, 2026 at $1,564.40 per share
Shares sold at $1,571.041
40 shares
Sale of common stock on September 3, 2026 at $1,571.041 per share (weighted average footnoted)
Shares withheld for tax
3,244 shares
Shares withheld on September 3, 2026 to pay tax obligations upon vesting
Tax withholding price
$1,554.99 per share
Price used for 3,244-share tax-withholding disposition on September 3, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average sale price per share, Rule 16b-3(e)
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"
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.
Rule 16b-3(e) regulatory
"Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e)"
FAQ
What insider transactions did Sandisk Corp (SNDK) report for Alper Ilkbahar on September 3, 2026?
Alper Ilkbahar reported sales of 400 shares of Sandisk common stock and a separate disposition of 3,244 shares withheld to satisfy tax obligations related to vesting equity awards, all on September 3, 2026.
At what prices were the Sandisk (SNDK) insider sales executed?
The reported sales by Alper Ilkbahar covered 400 shares at per-share prices of $1,561.69, $1,563.684, $1,564.40, and $1,571.041, with several transactions noted as weighted average sale prices across narrow intraday ranges.
Were the Sandisk (SNDK) insider sales by Alper Ilkbahar under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Alper Ilkbahar on June 4, 2026, and the document-level Rule 10b5-1 checkbox is also affirmed.
What role does Alper Ilkbahar hold at Sandisk Corp (SNDK) in this Form 4?
Alper Ilkbahar is identified as executive vice president & chief technology officer of Sandisk Corp, making him a reporting officer subject to Section 16 reporting requirements for transactions in the company’s equity securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.