Form 4: Sandisk CTO Sells Shares for Tax Obligation

Sandisk Corp's EVP and Chief Technology Officer, Alper Ilkbahar, disposed of 653 shares of common stock to cover tax obligations related to vesting securities.

Summary

• Alper Ilkbahar, EVP, Chief Technology Officer of Sandisk Corp, reported a transaction on November 25, 2025.
• The transaction involved the disposition of 653 shares of Sandisk Common Stock.
• The shares were disposed of at a price of $220.5 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, Alper Ilkbahar beneficially owns 58,973 shares of Common Stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment. It reflects the vesting of equity awards, a positive for the executive, but also a reduction in direct ownership.

Positives

• The transaction is a routine tax withholding, indicating the vesting of previously granted equity, which is generally a positive for the executive.

Negatives

• A reduction in direct beneficial ownership by 653 shares.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes and represents a small fraction of the company's outstanding shares.
• Positive for the executive (Alper Ilkbahar) as it signifies the vesting of equity compensation.

Key Dates

Keywords

Sandisk Corp, SNDK, Form 4, Insider Transaction, Alper Ilkbahar, Chief Technology Officer, CTO, Stock Sale, Tax Withholding, Equity Vesting