Form 4: SanDisk Executive Alper Ilkbahar Reports Stock Transaction
SEC Form 4 Filing
Alper Ilkbahar, EVP and Chief Technology Officer of SanDisk, reports the disposition of 1,501 shares of common stock to cover tax obligations related to vesting securities.
Summary
- On April 20, 2025, Alper Ilkbahar, the EVP and Chief Technology Officer of SanDisk, disposed of 1,501 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of securities, as per Rule 16b-3(e).
- The price per share was $31.29.
- Following the transaction, Ilkbahar directly owns 37,787 shares of SanDisk common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a common practice for executives to sell shares to cover tax obligations when stock options or restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/20/2025 | Date of stock transaction (disposal of shares). |
| 04/21/2025 | Date of signature for the report. |
Keywords
SanDisk, Alper Ilkbahar, stock transaction, Form 4, EVP, Chief Technology Officer, Rule 16b-3(e), vesting, tax obligation, common stock
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