FolioLantern
SNDKSandisk Corp · Insider ownership research

Sandisk Corp insiders sold $134M in the past 12 months. How much of their stake is that?

About 10% overall. As a group they still hold 74% of their starting shares.

Updated Oct 8, 2026 from SEC filings · covers Oct 9, 2025 to Oct 8, 2026
How this comparesMore of their stake sold than at 120 of the 156 other companies we can measure (#37 of 157)See ranking
0
buyers among officers and directors, past 12 months
92%
of sales were under disclosed trading plans, past 12 months
7 of 12
officers and directors sold shares, past 12 months
Recent activity · past 30 days, Sep 9, 2026 to Oct 8, 2026
Oct 1, 2026Bernard Shek sold 600 shares ($1.0M) under a disclosed trading plan. That is 2.3% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Bernard Shek
Chief Legal Officer and Secty
600$1734.942.3%26KOct 1, 2026Oct 2, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Sep 20, 2026Bernard Shek had 118 shares ($211K) withheld by the company for taxes (not a market sale). That is 0.4% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Bernard Shek
Chief Legal Officer and Secty
118$1791.820.4%26KSep 20, 2026Sep 21, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Sep 17, 2026David Goeckeler sold 34K shares ($53.3M) under a disclosed trading plan. That is 8.1% of the total stake held that day. 3.3K shares came in from vesting or option exercises the same day, so the holding fell by 31K net.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
David Goeckeler
Chairman & CEO, Director
33,841$1574.218.1%383KSep 17, 2026Sep 21, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Sep 15, 2026Luis Visoso sold 1K shares ($1.6M) under a disclosed trading plan. That is 0.8% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Luis Visoso
EVP & CFO
1,000$1568.830.8%131KSep 15, 2026Sep 16, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Sep 14, 2026David Goeckeler sold 34K shares ($51.7M) under a disclosed trading plan. That is 7.6% of the total stake held that day.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
David Goeckeler
Chairman & CEO, Director
33,838$1527.877.6%413KSep 14, 2026Sep 16, 2026

"% of total stake" is the shares in this event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings don't reconcile, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Is this normal? Not enough history to compare: fewer than three earlier years of filings. Year by year
Latest filing: Filed Oct 2 for a sale on Oct 1. Bernard Shek sold 600 shares ($1.0M) under a disclosed plan. Filing
70 SEC ownership filings in the period · See the evidence

What stands out

Necip Sayiner sold 49% of vested holdings: 1.9K shares for $1.1M, none under a disclosed plan.Largest sale, May 8, 2026
Two officers sold $7.0M with no disclosed plan: Alper Ilkbahar ($3.5M, 3.3% of holdings) and Michael Pokorny ($3.5M, 9.0%). The filings don't state a reason.Alper Ilkbahar: largest such sale, Jun 1, 2026 · Michael Pokorny: largest such sale, May 12, 2026
Selling picked up in the last 90 days: officers and directors sold 78K shares, against an average of 3.6K per 90 days earlier in the period. Most of it was David Goeckeler (68K shares in the last 90 days, 13% of holdings) and Alper Ilkbahar (5.1K shares in the last 90 days, 8.5% of holdings); 100% of these sales were under disclosed plans.David Goeckeler: largest recent sale, Sep 14, 2026 · Alper Ilkbahar: largest recent sale, Sep 3, 2026

Percentages cover 11 of 12 officers and directors. Left out: Alexander Bradley (held no vested shares at the start). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period
David Goeckeler
Chairman & CEO, Director
13% · $105MDisclosed plan
Alper Ilkbahar
EVP & Chief Technology Officer
12% · $11.4M69% planned
Bernard Shek
Chief Legal Officer and Secty
15% · $9.0MDisclosed plan
Michael Pokorny
VP, Chief Accounting Officer
9.0% · $3.5MNo plan disclosed
Miyuki Suzuki
Director
24% · $2.2MNo plan disclosed
All 7 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed
OctNovDec 2025: $248K no plan disclosedDecJanFeb 2026: $2.2M to cover taxesFebMarAprMay 2026: $4.4M no plan disclosedMayJun 2026: $1.0M under a disclosed planJun 2026: $3.5M no plan disclosedJunJul 2026: $1.3M under a disclosed planJulAug 2026: $697K under a disclosed planAugSep 2026: $119M under a disclosed plan$119MSepOct 2026: $1.0M under a disclosed planOct

Outside holders, reported separately

WESTERN DIGITAL CORP reported no open-market sales in the past 12 months. Large shareholders and the funds or companies that board members represent are not part of management, so they are left out of the figures above.

Details

Common questions

Is the Sandisk Corp CEO selling stock?

Yes. David Goeckeler sold 68K shares ($105M, 13% of starting holdings) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Sandisk Corp insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 92% of sales by value ran under 10b5-1 trading plans disclosed in the filings, 2% were to cover taxes and 6% had no disclosed plan. A trading plan schedules sales in advance.

Are any Sandisk Corp insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Sandisk Corp insiders sell?

About 10% overall. As a group they still hold 74% of their starting shares. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold7 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
David Goeckeler
Chairman & CEO, Director
$105M
68K shares
13%Disclosed plan
Alper Ilkbahar
EVP & Chief Technology Officer
$11.4M
7.1K shares
12%69% under a disclosed plan
Bernard Shek
Chief Legal Officer and Secty
$9.0M
5.3K shares
15%Disclosed plan
Michael Pokorny
VP, Chief Accounting Officer
$3.5M
2.4K shares
9.0%No plan disclosed
Miyuki Suzuki
Director
$2.2M
3.5K shares
24%No plan disclosed
Luis Visoso
EVP & CFO
$1.6M
1K shares
0.6%Disclosed plan
Necip Sayiner
Director
$1.1M
1.9K shares
49%No plan disclosed

Outside holder, reported separately: WESTERN DIGITAL CORP (a 10% owner, not part of management). No open-market sales reported in the period. Holds 7.51M shares. Latest filing

The full ownership picture12 of 12 insiders fully reconciled · 12 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 8, 2025SoldHeld Oct 8, 2026Still held
David Goeckeler
Chairman & CEO, Director
522K−68K383K73%
Vesting, gifts, unvested awards and holding lines for David Goeckeler
0shares vested or exercised
0gifted (net of own trusts)
−74Kwithheld by the company for taxes
954K → 954Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock521,604382,865
Luis Visoso
EVP & CFO
170K−1K133K78%
Vesting, gifts, unvested awards and holding lines for Luis Visoso
0shares vested or exercised
0gifted (net of own trusts)
−38Kwithheld by the company for taxes
358K → 358Kunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock169,828132,611
Alper Ilkbahar
i
Includes unvested RSUs, amount not disclosed.
EVP & Chief Technology Officer
60K−7.1K42K70%
Vesting, gifts, unvested awards and holding lines for Alper Ilkbahar
+276shares vested or exercised
−2.7Kgifted (net of own trusts)
−10Kwithheld by the company for taxes
149K → 149Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock60,10742,109
Bernard Shek
i
Includes unvested RSUs, amount not disclosed.
Chief Legal Officer and Secty
35K−5.3K26K74%
Vesting, gifts, unvested awards and holding lines for Bernard Shek
0shares vested or exercised
0gifted (net of own trusts)
−4.9Kwithheld by the company for taxes
59K → 59Kunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock34,79225,588
Michael Pokorny
i
Includes unvested RSUs, amount not disclosed.
VP, Chief Accounting Officer
27K−2.4K22K80%
Vesting, gifts, unvested awards and holding lines for Michael Pokorny
0shares vested or exercised
0gifted (net of own trusts)
−3.5Kwithheld by the company for taxes
none reportedunvested awards, start → end
  • Includes unvested RSUs, amount not disclosed.
Held throughShare classOct 8, 2025Oct 8, 2026
Direct
includes unvested RSUs, amount not disclosed
Common Stock27,07121,550
Thomas Caulfield
Director
16K07.1Kno sales
Vesting, gifts, unvested awards and holding lines for Thomas Caulfield
0shares vested or exercised
−9.7Kgifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock15,8332,312
Spouse's TrustCommon Stock04,834
Miyuki Suzuki
Director
15K−3.5K9.9K68%
Vesting, gifts, unvested awards and holding lines for Miyuki Suzuki
0shares vested or exercised
0gifted (net of own trusts)
−2.2Kwithheld by the company for taxes
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock14,6419,907
Richard Cassidy II
Director
3.8K04.9Kno sales
Vesting, gifts, unvested awards and holding lines for Richard Cassidy II
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock3,7714,914
Devinder Kumar
i
Minor difference of 19 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).
Director
3.8K04.8Kno sales
Vesting, gifts, unvested awards and holding lines for Devinder Kumar
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock3,7714,769

Reconciliation: minor difference of 19 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Necip Sayiner
Director
3.8K−1.9K2.9K77%
Vesting, gifts, unvested awards and holding lines for Necip Sayiner
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock3,7712,900
Ellyn Shook
Director
3.8K04.8Kno sales
Vesting, gifts, unvested awards and holding lines for Ellyn Shook
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock3,7714,750
Alexander Bradley
Director
00863no sales
Vesting, gifts, unvested awards and holding lines for Alexander Bradley
0shares vested or exercised
0gifted (net of own trusts)
none reportedunvested awards, start → end
Held throughShare classOct 8, 2025Oct 8, 2026
DirectCommon Stock0863

12 of 12 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (11 exactly, 1 with a minor or footnoted difference). Percentages cover 11 of 12 officers and directors. Left out: Alexander Bradley (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$134M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $134M across 88,895 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($10.3M), including tax-related sales outside a plan.

No plan disclosed · $8.1M

Sales with no 10b5-1 plan and no tax reference in the filing. $3.5M of it is Alper Ilkbahar. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Michael Pokorny, May 12, 2026

Taxes

$2.2M of sales (1.6%) cite tax obligations in their footnotes. Separately, 132,938 shares ($182M) were withheld by the company for taxes, which isn't a market sale. Example: Miyuki Suzuki, Feb 25, 2026

Charitable gifts · 2.7K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
David Goeckeler
Chairman & CEO, Director
68K$105M100%78%Sep 14, 2026 to Sep 17, 2026
Alper Ilkbahar
EVP & Chief Technology Officer
7.1K$11.4M69%9%Jun 1, 2026 to Sep 3, 2026
Bernard Shek
Chief Legal Officer and Secty
5.3K$9.0M100%7%Jun 3, 2026 to Oct 1, 2026
Michael Pokorny
VP, Chief Accounting Officer
2.4K$3.5M0%3%May 12, 2026 to May 12, 2026
Miyuki Suzuki
Director
3.5K$2.2M0%2%Feb 25, 2026 to Feb 25, 2026
Luis Visoso
EVP & CFO
1K$1.6M100%1%Sep 15, 2026 to Sep 15, 2026
Necip Sayiner
Director
1.9K$1.1M0%0.8%Dec 3, 2025 to May 8, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$0$0$0$0
Dec 2025$248K$0$0$248K
Jan 2026$0$0$0$0
Feb 2026$2.2M$0$2.2M$0
Mar 2026$0$0$0$0
Apr 2026$0$0$0$0
May 2026$4.4M$0$0$4.4M
Jun 2026$4.6M$1.0M$0$3.5M
Jul 2026$1.3M$1.3M$0$0
Aug 2026$697K$697K$0$0
Sep 2026$119M$119M$0$0
Oct 2026$1.0M$1.0M$0$0
Is this normal? Selling year by yearNot enough history to compare

Not enough history to compare: fewer than three earlier years of filings.

12 months endingShares soldInsiders who soldProceeds
Oct 8, 2026
Latest 12 months
89K7$134M
Oct 8, 2025
1 year earlier · filings don't cover the whole year
n/an/an/a
Oct 8, 2024
2 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2023
3 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2022
4 years earlier · filings don't cover the whole year
n/an/an/a
Oct 9, 2021
5 years earlier · filings don't cover the whole year
n/an/an/a

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Devinder Kumar: minor difference of 19 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology131 filings from SEC EDGAR, and how we read them

All 131 Forms 3, 4 and 5 filed for Sandisk Corp (SEC CIK 2023554) from Jan 31, 2025 to Oct 2, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (2)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Kimberly AlexyMar 4, 202513,975 shares, last reported balance as of Mar 3, 2025
Matthew MassengillMar 4, 202517,314 shares, last reported balance as of Mar 3, 2025