FMR LLC Reports 13.39M Shares (8.7%) of Sandisk
FMR LLC amends its Schedule 13G/A to report 8.7% ownership of Sandisk Corp common stock, representing 13,389,385.08 shares.
Rhea-AI Filing Summary
FMR LLC amends its Schedule 13G/A to report 8.7% ownership of Sandisk Corp common stock, representing 13,389,385.08 shares. The filing shows sole dispositive power over 13,389,385.08 shares and zero shared voting or dispositive power. It notes that one or more other persons may have the right to dividends or proceeds but no other person holds more than 5%.
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Insights
FMR LLC holds a meaningful minority stake of 8.7% in Sandisk Corp.
FMR LLC reports beneficial ownership of 13,389,385.08 shares with sole dispositive control; voting power shown for Abigail P. Johnson appears administrative rather than shared trading intent. The position size is identifiable and public under Schedule 13G/A rules.
Watch subsequent filings for any conversion to Schedule 13D or material changes in holdings; timing and any trading plans are not disclosed in this excerpt.
The amendment updates ownership and preserves prior power-of-attorney disclosures.
The filing references powers of attorney effective January 3, 2023 and January 26, 2023 and attaches Exhibit 99 for a 13d-1(k)(1) agreement. It affirms Item 6 disclosures about third‑party dividend/proceeds rights and that no single other person exceeds 5%.
Filing form is procedural under Schedule 13G/A; any change in ownership threshold or intent would require different disclosure forms.
Key Figures
Key Terms
Schedule 13G/A regulatory
beneficially owned financial
dispositive power regulatory
13d-1(k)(1) agreement regulatory
power of attorney legal
FAQ
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What does the SNDK Schedule 13G/A amendment disclose?
Who signed the Schedule 13G/A for SNDK and under what authority?
Does this Schedule 13G/A indicate active intent to influence SNDK management?
AI-generated analysis. How Rhea-AI works. Not financial advice.