Form 4: Sandisk Executive Sells Shares
Insider Transaction (Form 4)
Bernard Shek, Chief Legal Officer & Secty of Sandisk Corp, sold 2,308 shares of common stock on September 3, 2026 for $1,767.33 per share.
Summary
- Tax/exercise-price withholding: disposed of 2,271 Common Stock at $1,554.99 ($3,531,382) on September 3, 2026; holds 27,613 after (Direct).
- Open-market sale: disposed of 2,308 Common Stock at $1,767.33 ($4,078,998) on September 8, 2026; holds 25,305 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $4,078,998 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Bernard Shek — Officer (Chief Legal Officer & Secty)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-03 | Tax/exercise-price withholding | Common Stock | 2,271 | $1.6K | $3.5M | 27,613 |
| 2026-09-08 | Open-market sale | Common Stock | 2,308 | $1.8K | $4.1M | 25,305 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-03 | Tax/exercise-price withholding (2,271 shares) |
| 2026-09-08 | Open-market sale (2,308 shares) |
Keywords
insider transaction, Form 4, SNDK, Sandisk Corp, bearish, Bernard Shek
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