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Sandisk Corp Director & Officer Files Form 144 for $51.4M Stock Sale

High SignificanceSeptember 17, 2026 at 6:04:05 PM EDT

Sandisk Corp

$SNDK144CIK: 0002023554

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Filing Summary

Form 144 Notice of Proposed Sale of Securities • Company: Sandisk Corp (CIK: 0002023554) • Insider: David Goeckeler (Director and Officer) • Shares Proposed to Sell: 33,841 Common Shares • Aggregate Market Value: $51,437,304.77 (~$1,519.97/share) • Approximate Date of Sale: 09/17/2026 • Broker: Morgan Stanley Smith Barney LLC • Trading Plan: Rule 10b5-1 adopted on 05/29/2026

Comprehensive Analysis

Executive Summary

On September 17, 2026, Sandisk Corp insider David Goeckeler (Director and Officer) filed a Form 144 notice disclosing the intent to sell 33,841 shares of Common Stock with an estimated aggregate market value of $51,437,304.77 (approximately $1,519.97 per share) through Morgan Stanley Smith Barney LLC.

Transaction & Securities Details

  • Securities to be Sold: 33,841 Common shares.
    • 9,328 shares acquired via Restricted Stock Units on May 20, 2026.
    • 24,513 shares acquired via Performance Stock Units on August 25, 2026.
  • Approximate Sale Date: September 17, 2026.
  • Rule 10b5-1 Trading Plan: The proposed sale is executed pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on May 29, 2026.
  • Recent Prior Sales: The filer previously completed a 10b5-1 sale of 33,838 shares on September 14, 2026, generating gross proceeds of $51,700,129.35.

Market Impact & Significance

  • Trading Significance: High, driven by the large nominal transaction value of over $51.4 million.
  • Context: Because this planned sale is executed under a pre-established Rule 10b5-1 plan adopted several months prior, the timing does not reflect discretionary immediate reaction to short-term market dynamics, though the size of the divestment remains noteworthy.
Topics:#Sandisk#InsiderSelling#Form144#SEC#CorporateInsiders

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