Form 4: Sandisk Officer's Stock Transaction for Tax Obligation
Insider Transaction Report
Sandisk Chief Legal Officer Bernard Shek disposed of 34 shares of common stock to cover tax obligations related to vesting securities.
Summary
- Bernard Shek, Sandisk Corporation's Chief Legal Officer and Secretary, reported a transaction on January 20, 2026.
- The transaction involved the disposition of 34 shares of Sandisk Common Stock.
- The shares were disposed of at a price of $453.12 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, Bernard Shek beneficially owns 33,852 shares of Sandisk Common Stock directly.
Sentiment
Score: 5
Explanation: The transaction is a routine, non-discretionary disposition of shares to satisfy tax withholding obligations upon the vesting of securities, indicating a neutral sentiment as it does not reflect a discretionary investment decision by the insider.
Key Dates
| Date | Description |
|---|---|
| 01/20/2026 | Date of transaction (disposition of securities) |
| 01/21/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact |
Keywords
Sandisk, SNDK, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Bernard Shek, Chief Legal Officer
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