Sandisk CTO covers taxes with 2,251 withheld shares
Sandisk Corp EVP and Chief Technology Officer Alper Ilkbahar reported a routine tax-withholding share disposition.
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Rhea-AI Filing Summary
Sandisk Corp EVP and Chief Technology Officer Alper Ilkbahar reported a routine tax-withholding share disposition. On the vesting of equity awards, 2,251 shares of common stock were withheld at an indicated price of $913.02 per share to cover tax obligations under Rule 16b-3(e). Following this non‑market transaction, Ilkbahar directly holds 55,811 shares of Sandisk common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,251 | $913.02 | $2.06M |
Footnotes (1)
- F1. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
Key Figures
Key Terms
Rule 16b-3(e) regulatory
tax obligation financial
withholding securities financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sandisk (SNDK) CTO Alper Ilkbahar report?
Was the Sandisk (SNDK) insider transaction an open-market sale?
What does transaction code F mean in the Sandisk (SNDK) Form 4?
How large was the tax-withholding disposition for Sandisk (SNDK) CTO Ilkbahar?
AI-generated analysis. How Rhea-AI works. Not financial advice.