Sandisk Corp Chairman & CEO David Goeckeler Sells Over $51M in Stock
Sandisk Corp
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Filing Summary
📊 Insider Transaction Report - Sandisk Corp ($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.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
Nothing here is a recommendation to buy, sell, or hold any security. Do your own due diligence.
