Sandisk Corp Chief Accounting Officer Withholds 1,283 Shares for Tax Obligations
Sandisk Corp
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Filing Summary
**Sandisk Corp ($SNDK) - Form 4 Filing Update**
**Insider:** Michael Pokorny (VP, Chief Accounting Officer)
**Transaction Date:** September 3, 2026
**Transaction Type:** Tax Withholding (Code F)
**Shares Transacted:** 1,283 @ $1,554.99
**Total Value:** $1,995,052.17
**Post-Transaction Ownership:** 21,092 shares (Direct)
**Significance:** Low (Mandatory tax withholding incident to vesting)
Comprehensive Analysis
Executive Summary
On September 8, 2026, Sandisk Corp ($SNDK) submitted a Form 4 filing for Michael Pokorny, the company's VP and Chief Accounting Officer. The filing discloses the disposition of 1,283 shares of Common Stock on September 3, 2026, valued at $1,995,052.17 ($1,554.99 per share).
Transaction Analysis
- Transaction Code F: The 1,283 shares were withheld by the issuer to cover tax withholding obligations incident to the vesting of equity awards pursuant to Rule 16b-3(e).
- Market Impact & Sentiment: This is a routine, non-discretionary tax withholding event rather than an open-market sale or active reduction of stake driven by negative sentiment. Following the transaction, Pokorny retains direct beneficial ownership of 21,092 shares.
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