Sandisk Corp (SNDK) accounting chief sells 2,446 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sandisk Corp VP and Chief Accounting Officer Michael Pokorny reported an open-market sale of 2,446 shares of Common Stock. The shares were sold at a price of 1426.18 per share. After this transaction, he directly holds 22,375 shares, meaning he sold about 11% of his direct holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,446 shares ($3,488,436)
Net Sell
1 txn
Insider
Pokorny Michael
Role
VP, Chief Accounting Officer
Sold
2,446 shs ($3.49M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,446 | $1,426.18 | $3.49M |
Holdings After Transaction:
Common Stock — 22,375 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 2,446 shares
Sale price per share: 1426.18 per share
Shares owned after sale: 22,375 shares
+2 more
5 metrics
Shares sold
2,446 shares
Open-market sale of Common Stock on 2026-05-12
Sale price per share
1426.18 per share
Reported transaction price for the sale
Shares owned after sale
22,375 shares
Direct holdings following the transaction
Net shares sold
2,446 shares
Net sell direction in this Form 4
Transaction type
Open-market sale (code S)
Non-derivative Common Stock transaction
Key Terms
open-market sale, Common Stock, non-derivative, Form 4, +1 more
5 terms
open-market sale financial
"reported an open-market sale of 2,446 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"sale of 2,446 shares of Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"It is classified as a non-derivative transaction with the SEC code “S”"
Form 4 regulatory
"according to a Form 4 insider filing detailing his recent share sale"
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.
directly owns financial
"Michael Pokorny directly owns 22,375 shares of Sandisk Corp Common Stock"
FAQ
What insider transaction did Sandisk Corp (SNDK) disclose for Michael Pokorny?
Sandisk Corp reported that Michael Pokorny, its VP and Chief Accounting Officer, sold 2,446 shares of Common Stock in an open-market transaction, according to a Form 4 insider filing detailing his recent share sale.
What type of transaction was reported for Sandisk Corp (SNDK) insider Michael Pokorny?
The filing shows an open-market sale of Common Stock by Michael Pokorny. It is classified as a non-derivative transaction with the SEC code “S,” indicating a sale in an open market or private transaction.
Does the Sandisk Corp (SNDK) Form 4 show any derivative securities for Michael Pokorny?
The Form 4 data lists only a non-derivative transaction in Common Stock for Michael Pokorny. The derivative securities section is empty, indicating no reported option or other derivative activity in this particular filing.