Sandisk Corp EVP & CFO Withholds Shares for Tax Obligations
Sandisk Corp
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Filing Summary
š Form 4 Filing Alert: Sandisk Corp ($SNDK) š¤ Insider: Luis Felipe Visoso (EVP & CFO) š Transaction Date: September 3, 2026 š Type: Tax Withholding (Code F) š Shares Disposed: 5,838 @ $1,554.99 ($9,078,031.62) š¼ Shares Remaining: 131,976 shares (Direct) ā” Significance: Low (Routine tax obligation fulfillment)
Comprehensive Analysis
Sandisk Corp ($SNDK) Form 4 Analysis
Executive Overview:
- Reporting Insider: Luis Felipe Visoso, Executive Vice President & Chief Financial Officer
- Issuer: Sandisk Corp ($SNDK)
- Transaction Date: September 3, 2026
- Filing Date: September 8, 2026
Transaction Breakdown:
- Security: Common Stock
- Transaction Code:
F(Payment of tax liability by withholding securities incident to the vesting of equity awards) - Volume & Price: Disposed of 5,838 shares at $1,554.99 per share, totaling approximately $9.08 million.
- Post-Transaction Holdings: Direct ownership of 131,976 shares of Common Stock.
Market & Investment Assessment:
- Significance: Low
- Context: The transaction reflects standard tax withholding related to the vesting of equity-based compensation under Rule 16b-3(e). Because this disposition was non-discretionary and purely intended to satisfy tax obligations rather than an open-market sale, it does not signal a shift in executive sentiment.
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