Sandisk (SNDK) CFO Luis Visoso Withholds 1,588 Shares for Taxes

What Happened
Luis Felipe Visoso, Chief Financial Officer of Sandisk Corp (SNDK), had 1,588 shares withheld to satisfy tax obligations related to vesting. The withholding disposed of shares valued at $1,542.24 each, for a total of $2,449,077. This transaction is recorded as code F (payment of tax obligation by withholding securities).

Key Details

• Transaction date: 2026-05-21; Form filed: 2026-05-22 (timely filing).
• Shares withheld/disposed: 1,588 at $1,542.24 per share — total ~$2,449,077.
• Transaction code: F — tax withholding incident to vesting (see footnote F1: withholding securities per Rule 16b-3(e)).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing timeliness: filed the next day; no indication of a late Form 4 in the provided data.

Context
This was a routine tax-withholding event tied to the vesting of equity (not an active open-market sale or purchase). Withholding shares to cover tax obligations is common and typically reflects standard payroll/tax mechanics rather than a deliberate buy or sell decision signaling sentiment.