Sandisk Corp·4

Feb 26, 7:12 PM ET

Suzuki Miyuki 4

4 · Sandisk Corp · Filed Feb 26, 2026

Research Summary

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Sandisk (SNDK) Director Suzuki Miyuki Sells 3,500 Shares

What Happened
Director Suzuki Miyuki sold 3,500 shares of Sandisk Corp (SNDK) in open‑market transactions on February 25, 2026. The weighted average sale price was $627.53 per share, for total proceeds of approximately $2,196,360. This was a sale (routine disposition) rather than a purchase.

Key Details

  • Transaction date: 2026-02-25; Form 4 filed: 2026-02-26 (timely; within required window).
  • Sale details: 3,500 shares disposed; weighted average price $627.53; price range $627.39–$627.5351 across multiple trades. (Reporting person can provide per‑trade breakdown on request.)
  • Footnote F1: Shares were sold to satisfy tax obligations from the vesting of equity awards (tax year ended 12/31/2025) and to cover related capital gains (tax year ending 12/31/2026). A lock‑up agreement in effect until 2026‑03‑19 generally restricts transfers but includes an exception for these sales.
  • Footnote F2: Explains the weighted average price and availability of per‑trade details upon request.
  • Shares owned after the transaction: not specified in the provided filing excerpt.

Context
This was a sale to cover tax liabilities associated with vested awards—common for insiders when shares vest. Such tax‑withholding or sell‑to‑cover transactions are routine and do not by themselves indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-02-25
Transactions
  • Sale

    Common Stock

    [F1][F2]
    2026-02-25$627.53/sh3,500$2,196,3609,907 total
Footnotes (2)
  • [F1]Represents shares of common stock sold to satisfy tax obligations resulting from the vesting of equity awards in the tax year ended December 31, 2025 and capital gains incurred with respect to such sales in the tax year ending December 31, 2026. The Reporting Person is subject to a lock-up agreement, expiring March 19, 2026, which prohibits transfers, sales or other dispositions of shares of common stock during the applicable restricted period, subject to certain exceptions, including an exception for the sales reported on this Form 4.
  • [F2]Represents the weighted average sale price per share. The shares were sold in multiple transactions at prices ranging from $627.39 to $627.5351. The Reporting Person undertakes to provide the Issuer, any security holder, or the SEC staff, upon request, full information regarding the number of shares sold at each individual price.
Signature
By: /s/ Sharon Spehar Attorney-in-Fact For: Miyuki Suzuki|2026-02-26

Documents

1 file
  • 4
    edgardoc.xmlPrimary

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