SNDK Sandisk Corp Insider Trading

EVP/CTO Alper Ilkbahar sold 2,000 shares at blended avg $1,756.58 for $3.5M; retains 50.0K shares post-sale.

Alper Ilkbahar executed 3 separate sales totaling 2,000 shares for $3,513,152.91 on 2026-06-01, reducing holdings from 52.0K to 50.0K shares (a -3.8% reduction). The sales occurred at prices ($1,755.31, $1,757.00, $1,758.40) near the current market price of $1,716.36 and well above the 52-week low of $36.21, though below the 52-week high of $1,804.00. Despite the sale, the executive retains a substantial 50.0K share position. The company achieved $3.6B net income on $6.0B quarterly revenue with +10.4% annual growth, though it reported negative full-year net income for the most recent fiscal year, creating a mixed profitability picture that warrants attention to underlying operational trends.

VP/Chief Accounting Officer Pokorny sold 2,446 SNDK shares at $1,426.18 for $3.5M, reducing stake to 22,375 shares.

Michael Pokorny, VP and Chief Accounting Officer of SanDisk, executed a discretionary sale of 2,446 shares for $3,488,436.28 on 2026-05-12, representing a 9.9% reduction in his shareholding. The sale occurred at $1,426.18, which is notably above the current price of $1,382.72 but substantially below the 52-week high of $1,600.00. The stock has experienced substantial volatility, having risen 46.4% over 30 days and 120.7% over 90 days, indicating elevated price momentum at the time of sale. The timing and magnitude of this transaction warrants attention to whether it reflects broader capital allocation decisions or other corporate considerations, particularly given the CFO role and the company's scale ($204.8B market cap, $6.0B quarterly revenue).