Sandisk CEO sells 33,841 shares, gets RSUs
Sandisk Corp’s Chairman & CEO reported a grant of 3,296 RSUs and open‑market sales of 33,841 shares executed under a pre‑arranged Rule 10b5‑1 plan.
Rhea-AI Filing Summary
Sandisk Corp (SNDK) reported that Chairman & CEO David Goeckeler received a grant of 3,296 restricted stock units on September 17, 2026, each representing a contingent right to one share of common stock.
On the same date, he sold 33,841 shares of common stock in multiple open-market transactions at weighted-average prices in the mid-$1,500s, all effected pursuant to a Rule 10b5-1 trading plan adopted on May 29, 2026.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 33,841 shares
Net Sell
16 txns
Insider
Goeckeler David
Role
Chairman & CEO
Sold
33,841 shs ($53.27M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,296 | $0.00 | $0.00 |
| Sale | Common Stock F2, F3 | 40 | $1,567.2555 | $63K |
| Sale | Common Stock F2, F4 | 9,604 | $1,568.9988 | $15.07M |
| Sale | Common Stock F2, F5 | 910 | $1,570.0407 | $1.43M |
| Sale | Common Stock F2, F6 | 4,558 | $1,571.2108 | $7.16M |
| Sale | Common Stock F2, F7 | 1,157 | $1,572.6026 | $1.82M |
| Sale | Common Stock F2, F8 | 306 | $1,573.1541 | $481K |
| Sale | Common Stock F2, F9 | 2,588 | $1,574.5674 | $4.07M |
| Sale | Common Stock F2, F10 | 2,778 | $1,575.5829 | $4.38M |
| Sale | Common Stock F2, F11 | 4,139 | $1,576.8204 | $6.53M |
| Sale | Common Stock F2, F12 | 2,876 | $1,578.3401 | $4.54M |
| Sale | Common Stock F2, F13 | 640 | $1,579.405 | $1.01M |
| Sale | Common Stock F2, F14 | 1,480 | $1,580.2465 | $2.34M |
| Sale | Common Stock F2, F15 | 1,080 | $1,583.7989 | $1.71M |
| Sale | Common Stock F2, F16 | 1,520 | $1,585.8487 | $2.41M |
| Sale | Common Stock F2 | 165 | $1,587.00 | $262K |
Holdings After Transaction:
Common Stock — 382,865 shares (Direct)
Footnotes (16)
- F1. Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
- F2. 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.
- F3. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1567.00 to a high of $1567.49. 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 $1568.44 to a high of $1569.03. 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 $1569.605 to a high of $1570.56. 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 $1570.62 to a high of $1571.61. 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 $1571.74 to a high of $1572.66. 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.
- F8. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1572.92 to a high of $1573.71. 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 $1574.24 to a high of $1575.11. 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 $1575.30 to a high of $1576.20. 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.
- F11. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1576.59 to a high of $1577.00. 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.
- F12. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1577.90 to a high of $1578.66. 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.
- F13. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1579.00 to a high of $1579.72. 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.
- F14. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1580.06 to a high of $1580.51. 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.
- F15. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1583.65 to a high of $1584.00. 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.
- F16. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $1585.04 to a high of $1586.01. 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
Restricted stock units granted: 3,296 units
Shares sold: 33,841 shares
Lowest sale price range: $1,567.00 per share
+3 more
6 metrics
Restricted stock units granted
3,296 units
Grant to David Goeckeler on September 17, 2026
Shares sold
33,841 shares
Open‑market sales on September 17, 2026
Lowest sale price range
$1,567.00 per share
Low end of price range for one reported sale tranche
Highest sale price range
$1,587.00 per share
High end of price range for one reported sale tranche
Rule 10b5-1 plan adoption date
May 29, 2026
Plan governing the reported September 17, 2026 sales
Net share change from buys and sells
Net disposition of 33,841 shares and acquisition of 3,296 RSUs
Across all reported non-derivative transactions in this Form 4
Key Terms
restricted stock units, Rule 10b5-1 trading plan, weighted average sale price per share
3 terms
restricted stock units financial
"Represents the grant of restricted stock units to the Reporting Person"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Rule 10b5-1 trading plan regulatory
"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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Sandisk Corp (SNDK) report for David Goeckeler?
Sandisk Corp reported that David Goeckeler received a grant of 3,296 restricted stock units and sold 33,841 shares of common stock on September 17, 2026, in multiple open‑market transactions under a Rule 10b5‑1 trading plan.
What equity award did David Goeckeler receive from Sandisk (SNDK)?
He received a grant of 3,296 restricted stock units on September 17, 2026. Each restricted stock unit represents a contingent right to receive one share of Sandisk’s common stock, subject to the award’s terms and conditions.
Were the recent Sandisk (SNDK) insider sales under a Rule 10b5-1 plan?
Yes. The filing states that the sales reported for September 17, 2026 were effected pursuant to a Rule 10b5‑1 trading plan adopted on May 29, 2026, indicating they followed a pre‑arranged trading schedule.
Does the Form 4 disclose David Goeckeler’s Sandisk (SNDK) holdings after these trades?
The Form 4 describes the grant of 3,296 RSUs and the sale of 33,841 shares, but it does not state a total number of Sandisk shares owned by David Goeckeler following these transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.