Form 4: SanDisk Executive Alper Ilkbahar Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Alper Ilkbahar, EVP and Chief Technology Officer of SanDisk, disposed of 569 shares of common stock to cover tax obligations related to vesting securities.
Summary
- On March 12, 2025, Alper Ilkbahar, EVP and Chief Technology Officer of SanDisk, disposed of 569 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of securities.
- The price per share was $50.44.
- Following the transaction, Ilkbahar directly owns 40,846 shares of SanDisk common stock.
Sentiment
Score: 5
Explanation: This is a neutral event. It reflects a standard practice of executives managing their tax obligations related to stock compensation.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for executives to sell shares to cover taxes when stock options or restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of stock disposal transaction |
| 03/14/2025 | Date of signature on the Form 4 filing |
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