[Form 4] Sandisk Corporation Insider Trading Activity
Rhea-AI Filing Summary
Bernard Shek, listed as Chief Legal Officer & Secretary and a director of Sandisk Corp (SNDK), reported two dispositions of common stock under Section 16. On 08/25/2025 he had 211 shares withheld at a per-share value of $46.78 to satisfy tax obligations, leaving 16,674 shares beneficially owned. On 08/27/2025 an additional 78 shares were disposed at $48.44, leaving 16,596 shares. The transactions are reported as Code F and are explained as withholding of shares to pay taxes upon vesting.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine tax-withholding dispositions were reported correctly; no unusual trading or timing indicated.
The Form 4 shows standard withholding of vested shares to cover tax obligations, reported under Code F with explicit share counts and prices. The filings reduce the reporting person’s direct beneficial ownership modestly from 16,952 to 16,596 shares across the two reported dates. Timing and explanation align with typical Rule 16b-3(e) practices and include an attorney-in-fact signature, indicating formal filing procedures were followed.
TL;DR: Transactions are administrative and non-material to company control; disclosure appears complete.
This disclosure identifies the reporting person, role, and street address, and documents two security dispositions by withholding to satisfy tax obligations. The amounts, prices, and resulting ownership levels are provided, and the explanatory note explicitly ties the actions to vesting-related tax withholding. There is no indication of opportunistic trading or change in control from the data presented.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 78 | $48.44 | $4K |
| Tax Withholding | Common Stock | 211 | $46.78 | $10K |
Footnotes (1)
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