Form 4: SanDisk CLO Bernard Shek Reports Stock Withholding

Chief Legal Officer Bernard Shek reported the withholding of 216 shares of SanDisk common stock to satisfy tax obligations.

Summary

• Bernard Shek, Chief Legal Officer and Secretary of SanDisk Corp, executed two transactions involving the withholding of shares for tax purposes.
• On May 20, 2026, 109 shares were withheld at a price of $1,392.56 per share.
• On May 21, 2026, 107 shares were withheld at a price of $1,542.24 per share.
• Following these transactions, the reporting person maintains a direct beneficial ownership of 33,043 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing regarding executive tax obligations.

Positives

• The transactions were routine administrative actions related to tax obligations upon the vesting of equity awards, rather than discretionary market sales.

Negatives

• None.

Risks

• None.

Future Outlook

Not applicable.

Industry Context

StockSavvy.ai notes that this is a standard regulatory disclosure for executive compensation and does not reflect a change in corporate strategy or market outlook.

Comparison to Industry Standards

• The transaction follows standard corporate governance practices for equity-based compensation tax withholding.

Stakeholder Impact

• No material impact on shareholders or company operations.

Key Dates

Keywords

SanDisk, SNDK, Insider Trading, Form 4, Tax Withholding, Equity Vesting