STOCK TITAN

[Form 4] Sandisk Corporation Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
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.

Bernard Shek, indicato come Chief Legal Officer & Secretary e direttore di Sandisk Corp (SNDK), ha effettuato due cessioni di azioni ordinarie ai sensi della Sezione 16. Il 25/08/2025 sono state trattenute 211 azioni al valore unitario di $46.78 per coprire obblighi fiscali, lasciando una partecipazione beneficiaria di 16.674 azioni. Il 27/08/2025 sono state cedute ulteriori 78 azioni a $48.44, riducendo il totale a 16.596 azioni. Le operazioni sono segnalate con il Codice F e descritte come ritenute di azioni per il pagamento delle imposte al momento del vesting.

Bernard Shek, registrado como Chief Legal Officer & Secretary y director de Sandisk Corp (SNDK), informó dos disposiciones de acciones comunes bajo la Sección 16. El 25/08/2025 se retuvieron 211 acciones a un valor por acción de $46.78 para cubrir obligaciones fiscales, quedando una tenencia beneficiaria de 16.674 acciones. El 27/08/2025 se dispusieron otras 78 acciones a $48.44, dejando 16.596 acciones. Las transacciones se reportan con el Código F y se explican como retenciones de acciones para pagar impuestos al producirse el vesting.

Bernard Shek는 Sandisk Corp (SNDK)의 Chief Legal Officer & Secretary 및 이사로 기재되어 있으며 섹션 16에 따른 보통주 두 건의 처분을 보고했습니다. 2025-08-25에 세금 납부를 위해 주당 $46.78211주가 원천징수되어 보유 이익 주식 수는 16,674주로 남았습니다. 2025-08-27에는 추가로 78주가 주당 $48.44에 처분되어 보유 주식 수가 16,596주가 되었습니다. 해당 거래들은 코드 F로 보고되었으며, 베스팅 시 세금 납부를 위해 주식이 원천징수된 것으로 설명됩니다.

Bernard Shek, inscrit comme Chief Legal Officer & Secretary et administrateur de Sandisk Corp (SNDK), a déclaré deux cessions d'actions ordinaires au titre de la Section 16. Le 25/08/2025, 211 actions ont été retenues au prix unitaire de $46.78 pour régler des obligations fiscales, laissant 16 674 actions en possession bénéficiaire. Le 27/08/2025, 78 actions supplémentaires ont été cédées à $48.44, ramenant le total à 16 596 actions. Les opérations sont déclarées sous le code F et expliquées comme des retenues d'actions pour le paiement des impôts lors du vesting.

Bernard Shek, aufgeführt als Chief Legal Officer & Secretary und Direktor von Sandisk Corp (SNDK), meldete zwei Veräußerungen von Stammaktien gemäß Abschnitt 16. Am 25.08.2025 wurden 211 Aktien zum Stückpreis von $46.78 einbehalten, um Steuerverpflichtungen zu erfüllen, wodurch ein wirtschaftliches Besitzverhältnis von 16.674 Aktien verbleibt. Am 27.08.2025 wurden weitere 78 Aktien zu $48.44 veräußert, womit 16.596 Aktien verbleiben. Die Transaktionen sind mit Code F gemeldet und werden als Einbehaltung von Aktien zur Steuerzahlung bei Vesting erklärt.

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.

Bernard Shek, indicato come Chief Legal Officer & Secretary e direttore di Sandisk Corp (SNDK), ha effettuato due cessioni di azioni ordinarie ai sensi della Sezione 16. Il 25/08/2025 sono state trattenute 211 azioni al valore unitario di $46.78 per coprire obblighi fiscali, lasciando una partecipazione beneficiaria di 16.674 azioni. Il 27/08/2025 sono state cedute ulteriori 78 azioni a $48.44, riducendo il totale a 16.596 azioni. Le operazioni sono segnalate con il Codice F e descritte come ritenute di azioni per il pagamento delle imposte al momento del vesting.

Bernard Shek, registrado como Chief Legal Officer & Secretary y director de Sandisk Corp (SNDK), informó dos disposiciones de acciones comunes bajo la Sección 16. El 25/08/2025 se retuvieron 211 acciones a un valor por acción de $46.78 para cubrir obligaciones fiscales, quedando una tenencia beneficiaria de 16.674 acciones. El 27/08/2025 se dispusieron otras 78 acciones a $48.44, dejando 16.596 acciones. Las transacciones se reportan con el Código F y se explican como retenciones de acciones para pagar impuestos al producirse el vesting.

Bernard Shek는 Sandisk Corp (SNDK)의 Chief Legal Officer & Secretary 및 이사로 기재되어 있으며 섹션 16에 따른 보통주 두 건의 처분을 보고했습니다. 2025-08-25에 세금 납부를 위해 주당 $46.78211주가 원천징수되어 보유 이익 주식 수는 16,674주로 남았습니다. 2025-08-27에는 추가로 78주가 주당 $48.44에 처분되어 보유 주식 수가 16,596주가 되었습니다. 해당 거래들은 코드 F로 보고되었으며, 베스팅 시 세금 납부를 위해 주식이 원천징수된 것으로 설명됩니다.

Bernard Shek, inscrit comme Chief Legal Officer & Secretary et administrateur de Sandisk Corp (SNDK), a déclaré deux cessions d'actions ordinaires au titre de la Section 16. Le 25/08/2025, 211 actions ont été retenues au prix unitaire de $46.78 pour régler des obligations fiscales, laissant 16 674 actions en possession bénéficiaire. Le 27/08/2025, 78 actions supplémentaires ont été cédées à $48.44, ramenant le total à 16 596 actions. Les opérations sont déclarées sous le code F et expliquées comme des retenues d'actions pour le paiement des impôts lors du vesting.

Bernard Shek, aufgeführt als Chief Legal Officer & Secretary und Direktor von Sandisk Corp (SNDK), meldete zwei Veräußerungen von Stammaktien gemäß Abschnitt 16. Am 25.08.2025 wurden 211 Aktien zum Stückpreis von $46.78 einbehalten, um Steuerverpflichtungen zu erfüllen, wodurch ein wirtschaftliches Besitzverhältnis von 16.674 Aktien verbleibt. Am 27.08.2025 wurden weitere 78 Aktien zu $48.44 veräußert, womit 16.596 Aktien verbleiben. Die Transaktionen sind mit Code F gemeldet und werden als Einbehaltung von Aktien zur Steuerzahlung bei Vesting erklärt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Shek Bernard

(Last) (First) (Middle)
C/O SANDISK CORPORATION
951 SANDISK DRIVE

(Street)
MILPITAS CA 95035

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sandisk Corp [ SNDK ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Legal Officer & Secty
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 08/25/2025 F 211(1) D $46.78 16,674 D
Common Stock 08/27/2025 F 78(1) D $48.44 16,596 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
By: /s/ Van Huynh Attorney-in-Fact For: Bernard Shek 08/27/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
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7.06B
138.07M
5.33%
96.02%
5.03%
Computer Hardware
Computer Storage Devices
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United States
MILPITAS