Sandisk Corp Chairman & CEO David Goeckeler Sells Over $53M in Stock Under 10b5-1 Plan
Sandisk Corp
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Filing Summary
[1;33m=== SEC Form 4 Insider Filing: Sandisk Corp (SNDK) ===[0m
[1;36mInsider:[0m Goeckeler David (Chairman & CEO)
[1;36mAction:[0m [1;31mSold 33,841 shares[0m (~$53.27M total value)
[1;36mAverage Price:[0m ~$1,574.21
[1;36mRemaining Holdings:[0m 382,865 shares
[1;36mTrading Plan:[0m Rule 10b5-1 (Adopted May 29, 2026)
[1;32mSignificance:[0m High
Comprehensive Analysis
Executive Summary
On September 17, 2026, David Goeckeler, Chairman and Chief Executive Officer of Sandisk Corp ($SNDK), executed open-market sales totaling 33,841 shares of Common Stock for an aggregate amount of approximately $53.27 million. The weighted average price per share across all sale tranches was approximately $1,574.21 (with individual tranche averages ranging between $1,567.26 and $1,587.00). In addition, Mr. Goeckeler acquired 3,296 shares through a grant of restricted stock units at $0.00.
Key Transaction Details
- Insider: David Goeckeler (Chairman & CEO, Director)
- Transaction Date: September 17, 2026
- Filing Date: September 21, 2026
- Type: Non-derivative open-market sales (Transaction Code
S) and RSU award acquisition (Transaction CodeA) - Shares Disposed: 33,841 shares
- Shares Acquired: 3,296 RSUs
- Aggregate Proceeds: ~$53,272,724.28
- Remaining Direct Ownership: 382,865 shares
Plan and Governance Context
All sales disclosed in this filing were executed pursuant to a pre-arranged Rule 10b5-1 trading plan established by Mr. Goeckeler on May 29, 2026. Following these transactions, the insider maintains a substantial equity interest of 382,865 directly held shares, indicating continued alignment with shareholders despite the sizable liquidation.
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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.
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