Sandisk (SNDK)

Dilution

The share count is down -2.9% over the past year. What dilution means.

Insider trades

Bought or sold on the open market

An insider buying with their own money is a stronger signal than a sale: people sell for taxes, houses and diversification. "Planned" sales were scheduled months ahead under a 10b5-1 plan. Source: SEC Form 4.

Famous investors who own it

From each fund's latest 13F, filed up to 45 days after the quarter ends, so it's old news by design. 13Fs only show US stock owned on the last day of the quarter: no short sales, and "added" or "trimmed" compares two snapshots, not actual trades. See what these funds bought and sold.

Failed trades

From the SEC's fails-to-deliver data, which runs two to four weeks behind. A spike can mean heavy short selling or just back-office delays; it isn't proof of anything on its own. Short interest isn't shown: FINRA's terms don't allow republishing it.

Share offerings

Selling new shares dilutes current owners. A "shelf" is permission to sell later; a 424B5 usually means a sale is actually happening.

• Feb 18, 2026424B7Prospectus for shares sold by existing holders
• Feb 17, 2026424B7Prospectus for shares sold by existing holders
• Feb 17, 2026S-3ASRAutomatic shelf registration: can sell stock or debt later
• Jun 6, 2025424B4Final prospectus for an offering
• Apr 18, 2025S-1Registered new shares to sell (IPO or follow-on)
• Feb 21, 2025S-8Registered shares for employee stock plans

What they told the SEC, in plain English

Every 8-K (the report a company files when something big happens) in the last two years. Red ones are worth a closer look: auditor changes, restatements, late reports, listing problems.

• Oct 29, 20268-KReleased quarterly results; Other news
• Sep 16, 20268-KExecutive or board change
• Sep 11, 20268-KSigned a major agreement
• Aug 5, 2026SCHEDULE 13GAn investor reported a 5%+ stake
• Aug 5, 20268-KReleased quarterly results; Other news
• May 15, 20268-KOther news
• Apr 30, 20268-KReleased quarterly results; Other news
• Apr 30, 2026SCHEDULE 13GAn investor reported a 5%+ stake
• Mar 25, 20268-KSigned a major agreement; Other news
• Jan 29, 20268-KReleased quarterly results
• Jan 2, 20268-KExecutive or board change
• Nov 20, 20258-KShareholder vote results
• Nov 6, 20258-KReleased quarterly results
• Aug 14, 20258-KReleased quarterly results
• Aug 12, 2025SCHEDULE 13GAn investor reported a 5%+ stake
• May 7, 20258-KReleased quarterly results
• Apr 30, 2025SCHEDULE 13GAn investor reported a 5%+ stake
• Apr 3, 2025SCHEDULE 13GAn investor reported a 5%+ stake
• Mar 11, 20258-KExecutive or board change
• Mar 7, 2025SCHEDULE 13GAn investor reported a 5%+ stake
• Mar 7, 2025SCHEDULE 13GAn investor reported a 5%+ stake
• Feb 24, 20258-KSigned a major agreement; Took on new debt; Changed shareholders' rights; Change in control; Executive or board change; Changed its bylaws or fiscal year; Changed its code of ethics; Other news
• Feb 14, 20258-KChanged shareholders' rights; Changed its bylaws or fiscal year
• Feb 3, 20258-KOther news

What changed in the latest annual report

Comparing the risk factors in the 10-K filed Aug 17, 2026 with the one filed Aug 21, 2025: 4 new and 12 removed, out of 32.

New this year

• Our operating results may fluctuate due to changes in demand, industry cycles and the timing of customer deployments, including AI-related data center investments, and our ability to accurately forecast demand as a result of these changing market conditions.
• Long-term agreements, which we also refer to as New Business Models or "NBMs", expose us to certain execution, financial, and market risks, which could be significant.
• Our guarantees of certain obligations of Flash Ventures could negatively impact our financial position, and the loan agreement governing our revolving credit facility contains various covenants and restrictions that may restrict our operations and ability to respond to future business opportunities.
• The amount and timing of our share repurchases may fluctuate, and share repurchases may not enhance shareholder value and could affect the price of our common stock and reduce our financial flexibility.

Matched by each risk's headline, so a reworded risk can show up as new. This year's report · last year's.

Search inside Sandisk's filings

Opens the SEC's own full-text search in a new tab, limited to SNDK. Every SNDK filing on EDGAR.