Goeckeler David 4

What Happened
David Goeckeler, Chairman & CEO and a director of Sandisk Corp (SNDK), had 1,569 shares withheld to satisfy tax withholding obligations related to vesting. The shares were recorded as disposed at $632.38 per share, totaling approximately $992,204. This was a withholding for taxes, not an open-market sale.

Key Details

• Transaction date: 2026-02-25; Form 4 filed: 2026-02-27 (timely filing).
• Price reported: $632.38 per share.
• Shares withheld/disposed: 1,569; total value ≈ $992,204.
• Shares owned after the transaction: not disclosed in the provided filing.
• Footnote: F1 — payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
• Transaction code: F (tax withholding), not a public sale (no open-market trade).

Context
Withholdings to cover taxes are routine when equity awards vest and do not by themselves signal a buy or sell decision by the insider. This is a non-market disposition used to satisfy tax obligations; it reduces the insider’s share count but does not represent proceeds from an executed market sale.