Business Context and Reporting Period
This Form 8-K filing by Sandisk Corporation (SNDK) reports on events occurring on September 10, 2026. The filing addresses Item 5.02 regarding the departure, election, or appointment of certain officers and their compensatory arrangements.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on executive compensation adjustments.
Material Changes
Following an annual review, the Compensation and Talent Committee approved compensation adjustments effective October 1, 2026, for two executive officers:
- Alper Ilkbahar (Chief Technology Officer): Annual base salary adjusted to $755,000; Annual STI target remains at 100% of base salary.
- Bernard Shek (Chief Legal Officer): Annual base salary adjusted to $618,000; Annual STI target remains at 100% of base salary.
No changes were made to the compensation of CEO David Goeckeler or CFO Luis Visoso.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary on business performance, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the effective date of the salary adjustments (October 1, 2026).
- Confirm the total annual compensation package including any equity awards not detailed in this specific table.
- Review the full proxy statement for historical compensation trends and peer group comparisons.
- Check for any related press releases regarding the annual compensation review process.