Accepted (ET)
6:03 PM
Sep 21, 2026
Filed
Sep 21, 2026
Documents
1
Size
33.0 KB
Summary
Sandisk (SNDK) CEO David Goeckeler Sells ~33,841 Shares
What Happened
David Goeckeler, Sandisk’s Chairman, CEO and director, disposed of a total of 33,841 shares in multiple open-market transactions on September 17, 2026, generating aggregate proceeds of about $53.27 million. On the same date he was granted 3,296 restricted stock units (RSUs) (each representing a contingent right to one share), reported as an award at $0.00 in the filing.
Key Details
- Transaction date: September 17, 2026; Form 4 filed Sept 21, 2026 (timely under the two-business-day rule).
- Total shares sold: 33,841; total proceeds: approximately $53,272,703.
- Grant: 3,296 RSUs (restricted stock units) reported as an award (F1).
- Sales executed under a Rule 10b5-1 trading plan adopted May 29, 2026 (F2).
- Reported sale prices ranged roughly from $1,567 to $1,587 per share (various weighted-average price footnotes F3–F16 provide price ranges for grouped trades).
- Shares owned after the transactions: not stated in the provided filing.
Context
RSU grants are awards that vest later and do not represent an immediate cash purchase; they are typically compensation. The sales were made pursuant to a pre-established 10b5-1 trading plan, which is commonly used by insiders to sell shares on a preset schedule and is generally viewed as routine rather than a signal of new company-specific information. This Form 4 shows both an award (A) and multiple open-market sales (S); it is factual reporting of these transactions only.