08/24/2026 | Press release | Distributed by Public on 08/24/2026 15:51
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Performance Shares | (1) | 08/20/2026 | M | 276 | (1) | (1) | Common Stock | 276 | $ 0 | 148,770 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Ilkbahar Alper C/O SANDISK CORPORATION 951 SANDISK DRIVE MILPITAS, CA 95035 |
EVP, Chief Technology Officer | |||
| By: /s/ Van Huynh Attorney-in-Fact For: Alper Ilkbahar | 08/24/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | The reported transaction reflects the conversion of performance stock units to shares solely for the purpose of satisfying FICA tax withholding obligations as a result of the Reporting Person's retirement eligibility. The number of shares represents what was necessary to satisfy the FICA tax liability and related taxes attributable to the conversion itself, of which the shares were simultaneously forfeited to pay for the taxes. |
| (2) | Represents shares withheld to satisfy the reporting person's tax withholding obligation in connection with the transaction described in Footnote (1) and is exempt pursuant to Rule 16b-3(e). |
| (3) | Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e). |