Sandisk Corp ($SNDK) CLO Bernard Shek Sells $915K in Shares via 10b5-1 Plan
Sandisk Corp
Subscribe to track SNDK
Premium users can add ticker alerts and receive realtime notification updates.
Filing Summary
š Form 4 Filing: Sandisk Corp ($SNDK) š¤ Insider: Bernard Shek (Chief Legal Officer & Secty) š Transaction Date: 2026-09-01 | Filing Date: 2026-09-02
Transaction Details: ā¢ Action: Sold (Rule 10b5-1 Plan) ā¢ Shares Sold: 600 ā¢ Price per Share: $1,525.60 ā¢ Total Value: $915,360.00 ā¢ Shares Remaining: 29,884
Context: Sale executed under a pre-established Rule 10b5-1 trading plan adopted on March 4, 2026.
Comprehensive Analysis
Insider Transaction Overview
On September 1, 2026, Bernard Shek, Chief Legal Officer & Secretary of Sandisk Corp ($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.
Get Real-Time Alerts
Join our community to receive instant notifications when high-significance filings are published
Important Disclaimer
This content is AI-generated from public SEC filings and may contain errors. It is for informational and educational purposes only and is not investment, legal, or tax advice.
The Filing Fool is not a registered investment adviser, broker-dealer, or financial planner. Nothing here is a recommendation or solicitation to buy, sell, or hold any security.
Always do your own due diligence and consult a licensed professional.