Shek Bernard 4
4 · Sandisk Corp · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Sandisk (SNDK) CLO Bernard Withholds 117 Shares for Taxes
What Happened
Bernard Shek, Sandisk's Chief Legal Officer & Secretary, had 117 shares withheld on March 20, 2026 to satisfy tax obligations related to vesting. The withholding was at a reported price of $709.71 per share, for a total value of approximately $83,036. This was a tax-withholding disposition (routine) rather than an open-market sale.
Key Details
- Transaction date: 2026-03-20; Filing date: 2026-03-24 (filed within the two-business-day window).
- Shares withheld/disposed: 117 shares at $709.71 each; total ≈ $83,036.
- Transaction code: F (payment of tax obligation by withholding securities).
- Footnote: F1 — withholding of securities incident to vesting under Rule 16b-3(e).
- Shares owned after transaction: Not specified in the filing.
Context
This was a tax-withholding action tied to the vesting of equity (often RSUs), meaning the company retained shares to cover taxes. Such withholdings are routine administrative transactions and do not by themselves indicate a buy or sell decision about the stock.
Insider Transaction Report
Form 4
Sandisk CorpSNDK
Shek Bernard
Chief Legal Officer & Secty
Transactions
- Tax Payment
Common Stock
[F1]2026-03-20$709.71/sh−117$83,036→ 33,300 total
Footnotes (1)
- [F1]Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
Signature
/s/ Van Huynh, Attorney-in-Fact For Bernard Shek|2026-03-24