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Sandisk Corp Discloses Executive Compensation Adjustments for Key Officers
Sandisk Corp
$SNDK8-KCIK: 0002023554
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Filing Summary
Sandisk Corp (NASDAQ: SNDK) Form 8-K Filing
- Item 5.02: Compensatory Arrangements of Certain Officers
- Effective Date: October 1, 2026 (Approved September 10, 2026)
- Adjustments:
- Alper Ilkbahar (CTO): Base Salary adjusted to $755,000; STI target 100%
- Bernard Shek (CLO): Base Salary adjusted to $618,000; STI target 100%
- Unchanged:
- David Goeckeler (CEO): Base Salary $1,300,000; STI target 200%
- Luis Visoso (CFO): Base Salary $875,000; STI target 150%
Comprehensive Analysis
Executive Summary
On September 10, 2026, the Compensation and Talent Committee of the Board of Directors of Sandisk Corporation approved executive compensation adjustments following an annual compensation review. The changes take effect on October 1, 2026.
Key Compensation Adjustments
| Executive | Position | Adjusted Annual Base Salary | Annual Short-Term Incentive (STI) Target % |
|---|---|---|---|
| Alper Ilkbahar | EVP & Chief Technology Officer | $755,000 | 100% |
| Bernard Shek | EVP & Chief Legal Officer | $618,000 | 100% |
| David Goeckeler | Chairman & Chief Executive Officer | $1,300,000 (Unchanged) | 200% (Unchanged) |
| Luis Visoso | EVP & Chief Financial Officer | $875,000 | 150% (Unchanged) |
Market Impact & Significance
- Significance Level: Low
- These adjustments reflect routine annual executive compensation governance and do not represent equity dilution, insider transactions, or unexpected leadership turnover.
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