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Sandisk Corp CTO Alper Ilkbahar Disposes Shares for Tax Withholding and Under 10b5-1 Plan

Low SignificanceSeptember 8, 2026 at 9:07:08 PM EDT

Sandisk Corp

$SNDK4CIK: 0002023554

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Filing Summary

šŸ“Š Insider Transaction Analysis - Sandisk Corp ($SNDK)

Insider: Alper Ilkbahar (EVP & Chief Technology Officer) Transaction Date: September 3, 2026 Action: Disposition (Sale / Tax Withholding) Shares Transacted: 3,644 Common Shares • 400 shares sold via Rule 10b5-1 plan ($625.56K total) • 3,244 shares withheld for tax obligations ($5.04M total) Average Realized Price: ~$1,555.97 per share Total Transaction Value: $5,669,944.80 Shares Remaining: 40,490 shares

Significance: Low (Routine 10b5-1 pre-scheduled sales and vesting-related tax withholding).

Comprehensive Analysis

Overview & Context

On September 3, 2026, Alper Ilkbahar, Executive Vice President and Chief Technology Officer of Sandisk Corp ($SNDK), executed multiple non-derivative transactions resulting in the aggregate disposition of 3,644 shares of Common Stock with a combined value of approximately $5.67 million.

Transaction Breakdown

  1. Rule 10b5-1 Plan Sales:

    • 120 shares sold at a weighted average price of $1,561.69
    • 200 shares sold at a weighted average price of $1,563.684
    • 40 shares sold at $1564.40
    • 40 shares sold at a weighted average price of $1,571.041
    • Subtotal: 400 shares for gross proceeds of $625,557.24 pursuant to a Rule 10b5-1 plan established on June 4, 2026.
  2. Tax Withholding (Code F):

    • 3,244 shares withheld at $1,554.99 per share ($5,044,387.56) to satisfy tax withholding obligations triggered by equity vesting under Rule 16b-3(e).

Holdings & Market Impact

  • Post-Transaction Holdings: 40,490 directly held shares.
  • Significance Assessment: Low. The vast majority (~89%) of the disposed shares were automatically withheld to cover tax liabilities upon equity award vesting. The remaining 400 shares were executed under a pre-established Rule 10b5-1 trading arrangement.
Topics:#SNDK#Sandisk#InsiderTrading#Form4#SEC

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