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 1,558 shares of common stock on March 20, 2025, to cover tax obligations related to vesting securities.
Summary
- On March 20, 2025, Alper Ilkbahar, the EVP and Chief Technology Officer of SanDisk, disposed of 1,558 shares of common stock.
- The transaction was executed to cover tax obligations arising from the vesting of securities.
- The shares were disposed of at a price of $56.21 per share.
- Following the transaction, Ilkbahar directly owns 39,288 shares of SanDisk common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it is a routine disposal of shares by an executive for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/20/2025 | Date of stock disposal transaction. |
| 03/24/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, SanDisk, Ilkbahar Alper, Stock Disposal, Tax Obligations, Executive Compensation, Insider Trading
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