Shek Bernard 4

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.