Bernard Shek - 09 May 2025 Form 4 Insider Report for Sandisk Corp (SNDK)

Reporting relationship: Chief Legal Officer & Secty
Issuer ticker: SNDK
Reported as of: 09 May 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 13 May 2025, 21:13:14 UTC
Prior SEC filing: 21 Apr 2025
Next SEC filing: 22 May 2025
Source filing: View source filing
Reporting owner signature: By: /s/ Van Huynh Attorney-in-Fact For: Bernard Shek

Key filing fact

Bernard Shek filed Form 4 for Sandisk Corp (SNDK) on 13 May 2025.

Key facts

This page summarizes Bernard Shek's Form 4 filing for Sandisk Corp (SNDK).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 13 May 2025, 21:13.

Change

Previous filing in this sequence was filed on 21 Apr 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0002060144 Primary reporting owner

Shek Bernard

Relationship: Chief Legal Officer & Secty
Address: C/O SANDISK CORPORATION, 951 SANDISK DRIVE, MILPITAS
Signature: By: /s/ Van Huynh Attorney-in-Fact For: Bernard Shek
Signature date: 13 May 2025

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SNDK transaction Derivative

Performance Shares

Award

Transaction value: $0
Shares: +59,121
Change %
Price: $0.000000
Shares after: 59,121
Date: 09 May 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 59,121
Exercise price
Footnotes: F1, F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Each performance stock unit (PSU) represents the contingent right to receive, upon vesting, one share of the Issuer's Common Stock.

Footnote F2

Represents the grant of performance stock units (PSU) to the Reporting Person. Each PSU granted represents a contingent right to receive shares of the Issuer's common stock. The number of PSUs listed is based on a maximum 300% achievement of stock price performance targets approved by the Company's Compensation and Talent Committee over a three-year performance period beginning March 3, 2025 and ending on February 24, 2028 (the "Maximum Performance Target"), which would require the Company achieving a 90-day trading average of $105.91. If the performance target is achieved at a rate below the Maximum Performance Target, or is not achieved, the corresponding portion of the PSUs that do not vest are forfeited. Earned PSUs will vest on February 24, 2028, subject to the reporting person's continuous service to the Issuer.