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Sandisk Corp·4

Jan 21, 7:20 PM ET

Shek Bernard 4

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Sandisk (SNDK) CLO Shek Bernard Withholds 34 Shares for Taxes

What Happened Shek Bernard, Chief Legal Officer & Secretary of Sandisk Corp (SNDK), had 34 shares withheld to satisfy tax obligations related to vested securities. The shares were valued at $453.12 each, for a total value of approximately $15,406 (transaction reported as a disposition via tax withholding).

Key Details

  • Transaction date: 2026-01-20; Form 4 filed 2026-01-21 (appears timely).
  • Price used: $453.12 per share; total value reported: $15,406.
  • Shares affected: 34 shares were withheld (disposed) to cover taxes.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • Footnote: F1 — withholding of shares to pay tax obligation incident to vesting, in accordance with Rule 16b-3(e).
  • Transaction type/code: F (tax withholding), not an open-market sale or purchase.

Context This was a routine tax-withholding event tied to vesting, not a discretionary sale or purchase. Such withholdings are common when restricted stock/awards vest and generally don't signal insider sentiment about the company.