Sandisk CFO Receives 47,090 Restricted Stock Units (Form 4)
Rhea-AI Filing Summary
Luis F. Visoso, Executive Vice President and Chief Financial Officer of Sandisk Corporation (SNDK), received a grant of 47,090 restricted stock units on 09/03/2025. Each restricted stock unit is a contingent right to receive one share of the company’s common stock when vested. After this grant, Mr. Visoso beneficially owns 169,828 shares in total. The Form 4 was signed by an attorney-in-fact on behalf of the reporting person on 09/04/2025. The filing does not disclose vesting schedule details, exercise prices beyond $0.00 for the grant, or other compensation terms.
Positive
- Grant of 47,090 restricted stock units to the EVP and CFO, aligning executive compensation with shareholder outcomes
- Beneficial ownership increased to 169,828 shares, indicating continued executive equity stake in the company
Negative
- None.
Insights
TL;DR: A routine executive equity grant totaling 47,090 RSUs increases the CFO's stake to 169,828 shares; appears to be standard compensation.
This Form 4 shows a non-derivative award of 47,090 restricted stock units to the EVP and CFO, reported as acquired at $0.00, consistent with typical executive RSU grants that vest over time. The transaction raises the reporting person's beneficial ownership to 169,828 shares. The filing lacks vesting schedule and performance conditions, so material details about timing and potential dilution are not available from this document alone. Impact appears routine and non-transactional for liquidity.
TL;DR: Disclosure documents a grant under equity compensation plans; no evidence of insider sales or unusual transactions.
The disclosure notes the grant was made pursuant to the issuer's equity program; it is reported under a standard acquisition code with zero cash price, indicating restricted units rather than market purchases. There is no sale, no derivative exercise, nor indication of hedging or 10b5-1 plan use in this filing. For investors, this is a governance/compensation disclosure rather than a signal of trading intent.