Sandisk CEO sells 33,838 shares under 10b5-1 plan
Sandisk’s chairman and CEO executed pre-planned sales totaling 33,838 common shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported that chairman and CEO David Goeckeler sold 33,838 shares of common stock on September 14, 2026 in a series of open‑market or private transactions. The sales were made under a Rule 10b5-1 trading plan adopted on May 29, 2026, with weighted average prices per tranche generally around $1,522–$1,542 per share.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 33,838 shares
Net Sell
13 txns
Insider
Goeckeler David
Role
Chairman & CEO
Sold
33,838 shs ($51.70M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 14,364 | $1,522.5874 | $21.87M |
| Sale | Common Stock F1 | 181 | $1,522.87 | $276K |
| Sale | Common Stock F1, F3 | 3,075 | $1,524.2678 | $4.69M |
| Sale | Common Stock F1, F4 | 2,280 | $1,526.4463 | $3.48M |
| Sale | Common Stock F1, F5 | 4,080 | $1,528.4464 | $6.24M |
| Sale | Common Stock F1 | 359 | $1,529.36 | $549K |
| Sale | Common Stock F1 | 1,200 | $1,532.17 | $1.84M |
| Sale | Common Stock F1, F6 | 700 | $1,535.1168 | $1.07M |
| Sale | Common Stock F1, F7 | 1,695 | $1,535.9626 | $2.60M |
| Sale | Common Stock F1, F8 | 3,200 | $1,537.6776 | $4.92M |
| Sale | Common Stock F1 | 1,480 | $1,539.19 | $2.28M |
| Sale | Common Stock F1, F9 | 864 | $1,540.7796 | $1.33M |
| Sale | Common Stock F1, F10 | 360 | $1,541.8811 | $555K |
Holdings After Transaction:
Common Stock — 413,410 shares (Direct)
Footnotes (10)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 29, 2026.
- F2. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1521.85 to a high of $1522.75. 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.
- F3. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1524.00 to a high of $1524.66. 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 $1526.42 to a high of $1526.48. 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 $1528.00 to a high of $1528.56. 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. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1534.60 to a high of $1535.58. 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.
- F7. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1535.92 to a high of $1536.36. 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.
- F8. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1537.60 to a high of $1537.83. 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.
- F9. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1540.30 to a high of $1541.00. 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.
- F10. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1541.88 to a high of $1541.89. 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.
Key Figures
Common shares sold: 33,838 shares
Number of sale transactions: 13 transactions
Weighted average price (example tranche): $1,522.59 per share
+2 more
5 metrics
Common shares sold
33,838 shares
Total Sandisk common stock sold by the chairman & CEO on September 14, 2026
Number of sale transactions
13 transactions
Separate open-market or private sale tranches reported on September 14, 2026
Weighted average price (example tranche)
$1,522.59 per share
Weighted average sale price for a 14,364-share tranche on September 14, 2026
Weighted average price (higher tranche)
$1,540.78 per share
Weighted average sale price for an 864-share tranche on September 14, 2026
Rule 10b5-1 plan adoption date
May 29, 2026
Date the CEO’s trading plan governing these sales was adopted
Key Terms
Rule 10b5-1 trading plan, weighted average sale price per share, open market or private transaction
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.
open market or private transaction financial
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sandisk Corp (SNDK) disclose in this Form 4?
Sandisk Corp disclosed that chairman and CEO David Goeckeler sold 33,838 shares of common stock on September 14, 2026 in a series of open‑market or private sale transactions.
Were the Sandisk (SNDK) insider sales made under a Rule 10b5-1 trading plan?
Yes. A footnote states the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by David Goeckeler on May 29, 2026, indicating the trades were pre-arranged under that plan.
How many separate sale transactions did the Sandisk (SNDK) CEO report?
The filing reports 13 separate sale transactions in Sandisk common stock on September 14, 2026, all coded as open‑market or private sale transactions of non‑derivative common shares.
What type of security did the Sandisk (SNDK) CEO sell in this Form 4?
All reported transactions involve Common Stock of Sandisk Corp, classified as non-derivative securities and held in direct ownership before being sold.
AI-generated analysis. How Rhea-AI works. Not financial advice.