Form 4: Sandisk CTO's Stock Transactions for Tax Obligations
Insider Transaction Report
Sandisk Corp's EVP and CTO, Alper Ilkbahar, reported the disposition of common stock to cover tax obligations related to vested securities.
Summary
- Alper Ilkbahar, Executive Vice President and Chief Technology Officer of Sandisk Corp (SNDK), reported transactions involving the company's common stock.
- On November 20, 2025, 162 shares of common stock were disposed of at a price of $195.96 per share.
- On November 21, 2025, an additional 319 shares of common stock were disposed of at a price of $200.27 per share.
- These dispositions were made to satisfy tax obligations incident to the vesting of securities, in accordance with Rule 16b-3(e).
- Following the transaction on November 20, 2025, Alper Ilkbahar beneficially owned 59,945 shares of common stock directly.
- Following the transaction on November 21, 2025, Alper Ilkbahar beneficially owned 59,626 shares of common stock directly.
Sentiment
Score: 5
Explanation: The filing reports routine insider transactions for tax withholding purposes, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.
Industry Context
This filing reports a routine insider transaction for tax purposes and does not provide information relevant to broader industry trends or competitive landscape.
Stakeholder Impact
- Shareholders: Minimal impact, as these are routine tax-related dispositions by an executive and do not reflect a change in investment thesis or company fundamentals.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Disposition of 162 shares of Common Stock for tax obligations. |
| 11/21/2025 | Disposition of 319 shares of Common Stock for tax obligations. |
| 11/24/2025 | Date of filing of the Statement of Changes in Beneficial Ownership. |
Keywords
Sandisk, SNDK, Form 4, Insider Transaction, Alper Ilkbahar, CTO, Stock Disposition, Tax Withholding, Equity Vesting
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