Shek Bernard 4

What Happened Bernard Shek, Chief Legal Officer & Secretary of Sandisk Corp (SNDK), had 211 shares withheld to satisfy tax obligations related to vested securities. The withholding occurred on Feb 25, 2026, at a price of $632.38 per share, for a total disposition value of $133,432. This is a tax-withholding disposition (routine) rather than an open-market sale.

Key Details

• Transaction date and price: Feb 25, 2026 — 211 shares at $632.38 per share.
• Total value: $133,432 (disposition via withholding).
• Shares owned after 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).
• Filing timeliness: Form filed Feb 27, 2026 for a Feb 25 transaction — appears to be timely (within the usual two-business-day Form 4 window).

Context The F-code withholding means shares were retained by the company to cover tax liabilities on vested awards (a net-share settlement), not sold on the open market. Such withholdings are routine and typically reflect tax mechanics rather than a judgment about the company’s prospects.