SNDK insider filing details CEO tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SanDisk Corp (SNDK) filed a Form 4 reporting routine tax-related stock withholding by its Chief Executive Officer and director. On 11/20/2025, 1,299 shares of common stock were disposed of at $195.96 per share, and on 11/21/2025, 1,032 shares were disposed of at $200.27 per share. Both transactions are coded "F," indicating shares withheld to satisfy tax obligations tied to vesting equity awards under Rule 16b-3(e).
After these transactions, the reporting person directly beneficially owned 520,305 shares following the first withholding and 519,273 shares following the second. The filing characterizes the activity as payment of tax obligations by withholding securities, rather than an open-market sale initiated for investment purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Goeckeler David
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,032 | $200.27 | $207K |
| Tax Withholding | Common Stock | 1,299 | $195.96 | $255K |
Holdings After Transaction:
Common Stock — 519,273 shares (Direct)
Footnotes (1)
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FAQ
What did SanDisk (SNDK) report in this Form 4 filing?
The Form 4 reports that SanDisk’s Chief Executive Officer and director had shares of common stock withheld to cover tax obligations related to vesting equity awards, coded as transaction type "F" under Rule 16b-3(e).
What does transaction code "F" mean in the SanDisk (SNDK) Form 4?
Transaction code "F" indicates a payment of tax obligations by withholding securities incident to the vesting of equity awards, consistent with Rule 16b-3(e), rather than a discretionary open-market trade.
Who is the reporting person in this SanDisk (SNDK) Form 4?
The signature block identifies David Goeckeler as the reporting person, with the form signed on his behalf by attorney-in-fact Van Huynh, and lists his role as Chief Executive Officer and director of SanDisk Corp.
Is this SanDisk (SNDK) Form 4 a joint filing?
No. The Form 4 indicates that it is filed by one reporting person, not by more than one reporting person.