SNDK 8-K Current Reports
Sandisk Corp - 13 current reports
Sandisk Corp 8-K Report, Corporate Update (May 15, 2026)
Sandisk Corporation (SNDK) has filed an 8-K detailing an unsolicited "mini-tender" offer from Tutanota LLC to purchase up to 100,000 shares of common stock at $1,150.00 per share. This offer represents a very small fraction of the Company's outstanding shares, less than 0.07% as of April 24, 2026. The Company has publicly stated that it does not endorse this offer and is advising its stockholders to refrain from tendering their shares. Investors should be aware that Sandisk is not affiliated with Tutanota or its offer. The Company's recommendation is for shareholders to carefully review the offer terms and consider not participating. Shareholders who have already tendered shares are advised of their right to withdraw them before the offer's expiration on May 20, 2026, unless extended. The Company has issued a press release, attached as an exhibit to this filing, to communicate this information and its position to stockholders.
Sandisk Corp 8-K Report, Financial Results (Apr 30, 2026)
Sandisk Corporation (SNDK) has filed an 8-K detailing its financial results for the fiscal third quarter ended April 3, 2026, and announcing a significant new share repurchase program. While the specific financial performance metrics for the quarter are not detailed within this 8-K filing itself but are referenced as being in an attached press release, the announcement of a $6 billion share repurchase program is a major development for investors. This substantial repurchase authorization signals strong confidence from Sandisk's Board of Directors in the company's financial position and future prospects, suggesting management believes the company's stock may be undervalued or that they are seeking to return capital to shareholders. Investors should look for the details within the referenced press release (Exhibit 99.1) to understand the revenue, profitability, and any forward-looking guidance that accompanied these announcements. The funding of the repurchase program through operating cash flows indicates a healthy cash generation ability.
Sandisk Corp 8-K Report, Material Agreement (Mar 25, 2026)
Sandisk Corporation, through its subsidiary Sandisk Technologies, Inc., has announced a significant strategic equity investment in Nanya Technology Corporation. The Company will purchase approximately 139 million shares of Nanya common stock for $1.0 billion, representing a 3.9% stake on a fully diluted basis. This investment, priced at a 15% discount to Nanya's 30-day average trading price, is a private placement governed by Taiwanese regulations and is subject to regulatory approvals and post-closing filings. In conjunction with the equity investment, Sandisk has also secured a multi-year strategic supply arrangement with Nanya for DRAM products. This move is intended to bolster Sandisk's long-term DRAM sourcing strategy and signals a deepening of the relationship between the two companies. Investors should note that the acquired shares are subject to a three-year statutory lock-up period, limiting immediate liquidity.
Sandisk Corp 8-K Report, Financial Results (Jan 29, 2026)
Sandisk Corporation (SNDK) has filed an 8-K report on January 29, 2026, to announce its financial results for the fiscal second quarter ended January 2, 2026. The report primarily consists of a press release (Exhibit 99.1) containing these results. While the filing itself is procedural, the attached press release will contain the key financial performance metrics for the quarter, which are crucial for investors to assess the company's operational health and future outlook. Investors should pay close attention to the financial details presented in the referenced press release. This includes revenue figures, profitability margins, earnings per share (EPS), and any guidance provided by the company for upcoming quarters. The market's reaction to these results will likely influence Sandisk's stock performance. It's important to note that the information furnished in this 8-K, including the press release, is generally not considered "filed" for regulatory purposes but serves as a public disclosure mechanism for material events.
Sandisk Corp 8-K Report, Executive Changes (Jan 2, 2026)
Sandisk Corporation (SNDK) has announced a key leadership change through an 8-K filing on January 1, 2026, detailing an event from December 29, 2025. The company's Board of Directors has unanimously appointed Alexander Bradley as a new member of the Board. Mr. Bradley's appointment is effective until the next annual meeting of stockholders, and his role is not contingent on any specific arrangements with other individuals. This addition to the Board is a significant development for governance and strategic oversight at Sandisk. Investors should note that Mr. Bradley's compensation will align with the existing director compensation program, as previously detailed in the company's October 7, 2025 Proxy Statement. Furthermore, Sandisk has entered into its standard indemnity agreement with Mr. Bradley, a common practice for director appointments, ensuring mutual protection. The filing indicates no material conflicts of interest or indirect material interests for Mr. Bradley in any company transactions requiring disclosure.
Sandisk Corp 8-K Report, Shareholder Vote Results (Nov 20, 2025)
This 8-K filing from SanDisk Corp (SNDK) details the results of its annual meeting of stockholders held on November 18, 2025. The primary outcomes include the election of seven directors, overwhelmingly approved by shareholders. Additionally, shareholders provided advisory approval for the compensation of named executive officers and voted to have this advisory vote occur annually going forward. The appointment of KPMG LLP as the independent registered public accounting firm for fiscal year 2026 was also ratified by a significant majority. For investors, the strong approval of director elections and executive compensation signals continued confidence in the current leadership and compensation structure. The decision to hold annual advisory votes on executive compensation aligns with shareholder expectations for ongoing engagement and transparency regarding pay practices. The ratification of KPMG LLP as auditor provides continuity and reassurance regarding financial oversight.
Sandisk Corp 8-K Report, Financial Results (Nov 6, 2025)
Sandisk Corporation (SNDK) filed an 8-K on November 6, 2025, to announce its financial results for the fiscal first quarter ended October 3, 2025. The company released a press release (Exhibit 99.1) detailing these results, which is incorporated by reference into this filing. Investors should refer to the press release for specific financial performance metrics, including revenue, profitability, and any forward-looking guidance provided. While this 8-K filing itself is procedural and primarily serves to attach the press release, the attached press release is the crucial document for understanding Sandisk's operational and financial condition as of the end of its first fiscal quarter. Key metrics and management commentary within that release will provide the most direct insights into the company's performance and outlook.
Sandisk Corp 8-K Report, Financial Results (Aug 14, 2025)
Sandisk Corporation (SNDK) has filed an 8-K report on August 14, 2025, announcing its financial results for the fourth fiscal quarter ending June 27, 2025. The filing primarily serves to furnish the press release detailing these results, which is included as an exhibit. Investors should note that while the information is provided, it is furnished and not deemed 'filed' under Section 18 of the Exchange Act, meaning it does not carry the same liabilities as formally filed information regarding misstatements or omissions. The core of this report is the financial performance revealed in the press release. The specific figures and commentary on operations, financial condition, and forward-looking statements are contained within Exhibit 99.1. Investors seeking details on revenue, profitability, segment performance, and management's outlook for Sandisk should refer directly to this attached press release. The 8-K itself is a procedural filing to make these results publicly available.
Sandisk Corp 8-K Report, Financial Results (May 7, 2025)
Sandisk Corporation (SNDK) filed an 8-K report on May 6, 2025, to announce its financial results for the fiscal third quarter ended March 28, 2025. The report primarily serves as a notification of the earnings release, with the detailed financial information contained within the attached press release (Exhibit 99.1). Investors should refer to this press release for specific performance metrics, including revenue, profitability, and any forward-looking guidance provided by the company. While this 8-K filing itself does not contain the granular financial data, it officially signals the release of this crucial information. Investors are advised to review the accompanying press release to understand the company's performance in the most recent quarter, assess trends, and evaluate potential impacts on their investment decisions. The filing also includes the standard disclaimer that the information furnished is not deemed 'filed' for purposes of Section 18 of the Exchange Act.
Sandisk Corp 8-K Report, Executive Changes (Mar 11, 2025)
Sandisk Corporation (SNDK) has announced a key executive change via an 8-K filing. Effective March 6, 2025, Michael R. Pokorny has been appointed as the new Chief Accounting Officer (CAO) of the company. This appointment is significant as the CAO is responsible for the company's principal accounting matters. Mr. Pokorny brings a wealth of experience from prominent technology and finance companies, including Splunk Inc., Amazon.com, Inc., and Walker & Dunlop, Inc., along with a background in public accounting and regulatory experience at the SEC. This move clarifies Sandisk's accounting leadership, with current CFO Mr. Visoso continuing to serve as Chief Financial Officer and principal financial officer, while Mr. Pokorny takes on the specific role of principal accounting officer. Investors should view this as a strategic reinforcement of the company's financial reporting and control functions, leveraging Mr. Pokorny's extensive and relevant background to ensure accuracy and compliance in financial disclosures.
Sandisk Corp 8-K Report, Material Agreement (Feb 24, 2025)
Sandisk Corporation (SNDK) has officially completed its spin-off from Western Digital Corporation (WDC), becoming an independent public company. The separation was finalized on February 21, 2025, with Sandisk common stock commencing trading on the Nasdaq under the ticker "SNDK" on February 24, 2025. The spin-off involved the establishment of several material definitive agreements governing the terms of the separation and the ongoing relationship between Sandisk and WDC, including intellectual property and trademark licensing, tax matters, employee matters, and transition services. In conjunction with its independence, Sandisk has secured a significant debt financing package, including a $2 billion Term Loan Facility and a $1.5 billion Revolving Credit Facility. A substantial portion of the Term Loan proceeds, approximately $1.5 billion, was used to pay a dividend to WDC. The company has also established its independent board of directors and executive leadership team, along with adopting new corporate governance policies and compensation plans tailored for its new status as a standalone entity.
Sandisk Corp 8-K Report, Rights Modification (Feb 14, 2025)
Sandisk Corporation (SNDK) has filed an 8-K report detailing significant amendments to its corporate governance structure in preparation for its previously announced separation from Western Digital Corporation (WDC). The primary focus of this filing is the adoption of Amended and Restated Bylaws, effective February 12, 2025, which formalize the governance framework for Sandisk as an independent entity. Investors should note that these amendments are a crucial step in the spin-off process. While this filing does not contain new financial information, it sets the stage for Sandisk's operational independence. The updated bylaws outline the rules and regulations governing the company's internal affairs, including the rights and responsibilities of shareholders, directors, and officers. Investors are advised to review the detailed summary of these bylaws, as referenced in the company's Information Statement, to understand the potential implications on their investment.
Sandisk Corp 8-K Report, Corporate Update (Feb 3, 2025)
Sandisk Corporation (SNDK), a wholly owned subsidiary of Western Digital Corporation (WDC), has filed an 8-K report detailing the effectiveness of Amendment No. 3 to its Registration Statement on Form 10. This filing is a critical step towards the previously announced spin-off of WDC's flash business into an independent, publicly traded entity. The spin-off will be executed through a pro rata distribution of 80.1% of Sandisk's shares to existing WDC stockholders. This event marks Sandisk's transition to becoming a standalone company. Investors should note the key dates provided: the final information statement is expected to be mailed to WDC stockholders on or about January 31, 2025. Trading of Sandisk common stock is anticipated to commence on a "when-issued" basis on the Nasdaq under the ticker "SNDK" one business day after the record date of February 12, 2025. The spin-off is targeted for completion by 11:59 p.m. Pacific time on February 21, 2025, with regular-way trading beginning on February 24, 2025. Investors are advised to review the information statement for comprehensive details regarding the company, risks, and the transaction itself.