Ilkbahar Alper 4

What Happened

• Ilkbahar Alper, EVP and Chief Technology Officer of Sandisk Corp (SNDK), sold 2,000 shares in open-market transactions on June 1, 2026, for total proceeds of approximately $3,513,153. The sales were reported at weighted-average prices of $1,755.31 (999 shares), $1,757.00 (401 shares) and $1,758.40 (600 shares).
• On June 2, 2026, Alper also disposed of 2,694 shares by gifting them to a charitable donor-advised fund (no proceeds). These gifts are reported separately and do not necessarily reflect market views.

Key Details

• Transaction dates: June 1, 2026 (open-market sales) and June 2, 2026 (gift).
• Sales detail: 999 shares @ $1,755.31 (≈ $1,753,558); 401 shares @ $1,757.00 (≈ $704,557); 600 shares @ $1,758.40 (≈ $1,055,038). Total proceeds ≈ $3,513,153.
• Price ranges (per filing footnotes): sales executed in multiple trades with ranges of $1,754.80–$1,755.68; $1,757.00–$1,757.085; and $1,758.02–$1,758.885 for the respective blocks.
• Gift: 2,694 shares transferred to a charitable donor-advised fund (footnote indicates donor-advised fund).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Filing: Report filed 2026-06-02 for transactions on 2026-06-01 and 06-02 — appears timely in filing date.

Context

• Code S indicates open-market sales; code G indicates a gift. Sales generate cash proceeds; gifts to donor-advised funds are a common charitable/tax-planning move and do not necessarily signal the insider’s view on the stock.
• No purchases or option exercises reported in this filing. As with all insider activity, sales can be routine (for diversification, taxes, or liquidity) — filings are factual records of reported transactions, not explanations of motive.