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Insider Cluster (2 insiders) ·Filed Sep 16, 2026

SNDK

Sandisk Corp
BEARISH
Impact 5/10
Horizonweeks Processed1mo ago
Insider cluster: 2 insiders, $23.4M total
Actionable Insight ▼ Bearish

The CEO's $21.87M open-market sale is the dominant signal here. While insider sales are often liquidity-driven, the size and concentration in the CEO suggest potential concern about near-term valuation or upcoming news. Monitor for any 8-K filings or earnings pre-announcements in the following weeks that could explain the timing.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+20d ⚠ clustered
SNDK ▼ -13.60% at T+20d
SHORT call ✓ call won +13.60% · α vs SPY +14.81% · entry $1,614.39 → $1,394.83
Next anchor: T+60d in 6w
Latest observation: T+26 +7.50% FF3 residual α
Entry = T+0 close
Sep 16, 2026
via day close
T+1d
+10.99%
call -10.99% · α -11.11%
$1,791.82
settled 6w ago
T+5d
+8.62%
call -8.62% · α -8.02%
$1,753.62
settled 5w ago
T+20d
-13.60%
call +13.60% · α +14.81%
$1,394.83
settled 13d ago
T+60d
Pending
in 6w

Price Chart

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Executive Summary

Sandisk Corp's CEO and CFO sold a combined $23.44M in open-market sales over a 4-day window, with the CEO alone selling $21.87M. This represents approximately 0.2% of the company's market cap, a modest but notable insider sale cluster. The sales are not clearly plan-driven based on the data provided, and the CEO's large sale carries more weight than routine CFO sales.

Key Financial Metrics

Direction
selling
Total Value
$23.4M
Insiders
2

Key Facts

  • CEO David Goeckeler sold 14,400 shares for $21.87M on 2026-09-14
  • CFO Luis Felipe Visoso sold 1,000 shares for $1.57M on 2026-09-15
  • Total insider sales of $23.44M represent ~0.2% of market cap
  • Both sales are open-market (code S) with no 10b5-1 plan indicated
  • Cluster occurred over a 4-day window (2026-09-10 to 2026-09-17)

Financial Impact

CEO sale of $21.87M and CFO sale of $1.57M, totaling $23.44M in insider selling

insider ownershipmarket sentiment

Risk Factors

  • CEO selling a large position without a disclosed 10b5-1 plan could signal negative private information
  • CFO selling alongside CEO amplifies the bearish signal

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SNDK-1790028194909
10 reports for SNDK
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SNDK — sortable, filterable
TypeNow
Oct 21, 2026
5d ago
Institutional Cluster
BULLISH ★ 4/10
$1,260.93awaiting T+20—$1,255.58 (−0.42%)
Oct 12, 2026
14d ago
Institutional Cluster
MIXED ★ 3/10
$1,487.33awaiting T+20—$1,255.58 (−15.58%)
Oct 6, 2026
20d ago
DEFA14A
NEUTRAL ★ 2/10
$1,692.42awaiting T+20—$1,255.58 (−25.81%)
Oct 6, 2026
20d ago
DEF 14A
NEUTRAL ★ 4/10
$1,692.42awaiting T+20—$1,255.58 (−25.81%)
Sep 16, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$1,614.39 $1,394.83▲ +13.60%▲ +14.81%$1,255.58 (+22.23%)
Sep 16, 2026
5w ago
Insider Cluster
BEARISH ★ 6/10
$1,614.39 $1,394.83▲ +13.60%▲ +14.81%$1,255.58 (+22.23%)
Sep 8, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$1,764.17 $1,692.42▼ −4.07%▼ −6.01%$1,255.58 (−28.83%)
Jun 11, 2026
19w ago
Institutional Cluster
MIXED ★ 3/10
$1,881.51 $1,858.27▼ −1.24%▼ −3.13%$1,255.58 (−33.27%)
Jun 5, 2026
20w ago
Insider Cluster
NEUTRAL ★ 3/10
$1,642.00 $1,744.43▲ +6.24%▲ +4.61%$1,255.58 (−23.53%)
Feb 28, 2026
34w ago
Institutional Cluster
BULLISH ★ 8/10
$619.08 $572.50▼ −7.52%▲ +0.41%$1,255.58 (+102.81%)
Showing 10 of 10

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Report published Sep 16, 2026