Sandisk SNDK officer reports small tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported a Form 4 for its Chief Legal Officer & Secretary, Bernard Shek, covering small stock dispositions tied to tax withholding. On 11/20/2025, 109 shares of common stock were disposed of at $195.96, leaving 34,321 shares beneficially owned directly. On 11/21/2025, a further 107 shares were disposed of at $200.27, leaving 34,214 shares held directly.
The filing explains that these transactions reflect payment of tax obligations by withholding shares as they vested under Rule 16b-3(e), rather than open-market selling for investment purposes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Shek Bernard
Role
Chief Legal Officer & Secty
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 107 | $200.27 | $21K |
| Tax Withholding | Common Stock | 109 | $195.96 | $21K |
Holdings After Transaction:
Common Stock — 34,214 shares (Direct)
Footnotes (1)
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FAQ
What did Sandisk (SNDK) disclose in this Form 4 filing?
The filing reports stock dispositions by Bernard Shek, Sandisk Corp's Chief Legal Officer & Secretary, related to tax withholding on vesting equity awards.
Is this a joint Form 4 filing for Sandisk (SNDK)?
No. The form is indicated as filed by one reporting person, covering only Bernard Shek.
What is Bernard Shek’s role at Sandisk (SNDK)?
Bernard Shek is identified as an Officer of Sandisk Corp, serving as Chief Legal Officer & Secretary.