Sandisk (SNDK) Chief Accounting Officer Michael Pokorny Sells 1,283 Shares

What Happened

• Michael Pokorny, VP and Chief Accounting Officer of Sandisk (SNDK), had 1,283 shares withheld on September 3, 2026 to satisfy tax obligations related to the vesting of equity. The shares were valued at $1,554.99 each, for an aggregate amount of approximately $1,995,052. This was a tax-withholding disposition (not an open-market sale) and is a routine administrative action when restricted shares or RSUs vest.

Key Details

• Transaction date: 2026-09-03
• Price per share: $1,554.99; shares disposed: 1,283; total value: ~$1,995,052
• Transaction type/code: F — payment of tax liability by withholding securities
• Footnote: F1 — withholding of shares to cover tax obligation incident to vesting under Rule 16b-3(e)
• Filing date: 2026-09-08 (filed five days after the transaction; appears later than the typical two-business-day Form 4 deadline)
• Shares owned after transaction: Not specified in the provided filing

Context

• This transaction reflects tax withholding at vesting (a common, routine corporate practice) rather than an active sale by the insider; such withholdings generally do not signal a change in insider sentiment. For retail investors, outright purchases or open-market sales by insiders tend to carry more direct interpretive value than tax-withholding disposals.