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.
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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.
Insider Trade Summary 10b5-1
| 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 |
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
Key Terms
Rule 10b5-1 trading plan regulatory
Rule 16b-3(e) regulatory
FAQ
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What insider transactions did Sandisk Corp (SNDK) report for Alper Ilkbahar on September 3, 2026?
At what prices were the Sandisk (SNDK) insider sales executed?
Were the Sandisk (SNDK) insider sales by Alper Ilkbahar under a Rule 10b5-1 plan?
What role does Alper Ilkbahar hold at Sandisk Corp (SNDK) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.