WESTERN DIGITAL CORP bought SNDK
February 13, 2025 · Form 4 insider transaction
WESTERN DIGITAL CORP bought 29,863,251 shares of Sandisk Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
On February 13, 2024, Sandisk Corporation ("Sandisk") issued an additional 29,863,251 shares of its common stock to Western Digital Corporation ("WDC"), its sole stockholder, such that WDC holds an aggregate 144,863,251 shares of Sandisk common stock. These additional shares were issued to WDC to facilitate WDC's distribution of 80.1% of Sandisk common stock to WDC stockholders of record as of February 12, 2025, in connection with WDC's previously announced spin-off of its flash business.