Sandisk Corp ($SNDK) CLO Bernard Shek Sells $915K in Shares via 10b5-1 Plan

Insider Transaction Overview

On September 1, 2026, Bernard Shek, Chief Legal Officer & Secretary of Sandisk Corp ($SNDK), executed an open-market sale of 600 shares of common stock at a price of $1,525.60 per share, for an aggregate value of $915,360.00.

Transaction Breakdown

• Security: Common Stock
• Transaction Type: Open Market Sale (Code: S)
• Shares Sold: 600
• Price Per Share: $1,525.60
• Total Transaction Value: $915,360.00
• Post-Transaction Beneficial Ownership: 29,884 shares (Direct)

Plan & Governance Context

• Rule 10b5-1 Trading Plan: The transaction was executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on March 4, 2026.
• Holding Impact: The sale represents approximately 1.97% of Mr. Shek's holdings prior to the transaction (30,484 shares), leaving him with a substantial direct position of 29,884 shares.
• Market Significance: Low. The disposition represents a minor fraction of the insider's total equity position and was executed automatically under a pre-scheduled trading plan.