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Sandisk Corp Chairman & CEO David Goeckeler Sells Over $51M in Stock

High SignificanceSeptember 17, 2026 at 12:08:51 AM UTC

Sandisk Corp

$SNDK4CIK: 0002023554

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Filing Summary

📊 Insider Transaction Report - Sandisk Corp ($SNDK)

Insider: David Goeckeler (Chairman & CEO) Transaction Date: 2026-09-14 Filing Date: 2026-09-16 Action: Sold 33,838 shares @ ~$1,527.87/share Total Value: ~$51,700,129.14 Remaining Holdings: 413,410 shares (Direct) Plan: Executed via Rule 10b5-1 trading plan adopted May 29, 2026.

Comprehensive Analysis

Executive Summary

On September 16, 2026, David Goeckeler, Chairman & CEO of Sandisk Corp ($SNDK), reported the sale of 33,838 shares of Common Stock on September 14, 2026. The aggregated sales generated proceeds of approximately $51.70 million at a weighted average price of approximately $1,527.87 per share.

Transaction Breakdown

  • Security: Common Stock
  • Nature of Transaction: Open market dispositions across multiple price tranches ranging from $1,521.85 to $1,541.89 per share.
  • Total Shares Sold: 33,838
  • Gross Proceeds: $51,700,129.14
  • Post-Transaction Beneficial Ownership: 413,410 shares held directly.

Context and Trading Plan

The sales were executed under a pre-arranged Rule 10b5-1 trading plan established on May 29, 2026. This limits discretionary timing concerns regarding insider knowledge. Despite the large aggregate sale value, the insider retains a substantial stake of over 413,000 shares in the company.

Topics:#Sandisk#SNDK#InsiderTrading#CEO#StockMarket

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