FMR LLC (SNDK) reports 7.86M-share, 5.3% ownership in SanDisk
Rhea-AI Filing Summary
FMR LLC and Abigail P. Johnson report their beneficial ownership of common stock of SanDisk Corporation. FMR LLC reports beneficial ownership of 7,861,064.22 shares, representing 5.3% of the common stock. FMR LLC has sole voting power over 7,436,509.64 shares and sole dispositive power over 7,861,064.22 shares. Abigail P. Johnson reports sole dispositive power over 7,861,064.22 shares, with no voting power. One or more other persons have rights to dividends or sale proceeds, but no such person holds more than five percent of the class.
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Key Figures
Beneficial ownership: 7,861,064.22 shares
Percent of class: 5.3%
Sole voting power: 7,436,509.64 shares
+1 more
4 metrics
Beneficial ownership
7,861,064.22 shares
Amount of SanDisk common stock beneficially owned by FMR LLC and Abigail P. Johnson
Percent of class
5.3%
Portion of SanDisk common stock class reported as beneficially owned
Sole voting power
7,436,509.64 shares
SanDisk shares over which FMR LLC has sole power to vote
Sole dispositive power
7,861,064.22 shares
SanDisk shares over which FMR LLC has sole power to dispose
Key Terms
beneficially owned, Sole Voting Power, Sole Dispositive Power, Schedule 13G, +1 more
5 terms
beneficially owned financial
"Item 4. | Ownership (a) | Amount beneficially owned: 7861064.22"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole Voting Power financial
"5 | Sole Voting Power 7,436,509.64 6 | Shared Voting Power 0.00"
Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.
Sole Dispositive Power financial
"7 | Sole Dispositive Power 7,861,064.22 8 | Shared Dispositive Power 0.00"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.
Schedule 13G regulatory
"Please see Exhibit 99 for 13d-1(k) (1) agreement."
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.
parent holding company financial
"Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What percentage of SanDisk (SNDK) common stock does FMR LLC report owning?
FMR LLC reports beneficial ownership of 5.3% of SanDisk common stock, corresponding to 7,861,064.22 shares. This stake is reported on a Schedule 13G/A as of the stated date.
What is Abigail P. Johnson’s reported ownership in SanDisk (SNDK)?
Abigail P. Johnson reports sole dispositive power over 7,861,064.22 SanDisk common shares, representing 5.3% of the class. She reports no sole or shared voting power over these securities.
Which entities are identified in connection with this SanDisk (SNDK) Schedule 13G/A?
The filing identifies FMR LLC as the reporting person and Abigail P. Johnson as a control person. Subsidiaries acquiring the securities are referenced in Exhibit 99 with a 13d-1(k)(1) agreement.