Form 4: SanDisk Chief Legal Officer Reports Routine Tax-Related Stock Disposition

SanDisk Corporation's Chief Legal Officer, Bernard Shek, reported the disposition of 184 shares of common stock at $46.58 per share on June 20, 2025, to cover tax obligations related to vested securities.

Summary

• Bernard Shek, Chief Legal Officer and Secretary of SanDisk Corp., reported a transaction on June 20, 2025.
• The transaction involved the disposition of 184 shares of SanDisk Common Stock.
• The shares were disposed of at a price of $46.58 per share.
• This disposition was for the payment of tax obligations by withholding securities, incident to the vesting of securities, in accordance with Rule 16b-3(e).
• Following this transaction, Bernard Shek beneficially owns 17,452 shares of SanDisk Common Stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary tax-related disposition of shares following vesting, which is neutral in terms of company performance or outlook.

Positives

• The transaction is a routine, non-discretionary disposition of shares to cover tax obligations, indicating the vesting of previously granted equity.

Negatives

• No direct negatives as the transaction is a routine tax-related disposition of shares.

Future Outlook

NA

Industry Context

This Form 4 filing is a standard disclosure of an insider transaction and does not provide broader industry context or trends. It reflects a routine equity compensation event for a corporate officer.

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, non-discretionary transaction by an executive to cover tax obligations on vested equity. It reflects the ongoing compensation structure for executives.

Key Dates

Keywords

SanDisk Corp, SNDK, Bernard Shek, Form 4, SEC filing, insider transaction, stock disposition, tax withholding, equity vesting, Chief Legal Officer