SanDisk (SNDK) CEO Form 4: Tax Withholding Stock Transfers
SanDisk Corp (SNDK) filed a Form 4 reporting routine tax-related stock withholding by its Chief Executive Officer and director.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,032 | $200.27 | $207K |
| Exercise Price or Tax Liability | Common Stock | 1,299 | $195.96 | $255K |
Footnotes (1)
- F1. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
FAQ
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