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Sandisk Corp · SNDK · 8-K · Filed

Adjusts CTO and Chief Legal Officer pay effective October 1

SNDK
8-K
Governance

Source: SEC EDGAR, accession 0001628280-26-062267 · Items 5.02

What did Sandisk Corp announce?

Sandisk's compensation committee approved new base salaries and incentive targets for its CTO and Chief Legal Officer, effective October 1, 2026, with no change to the CEO's or CFO's pay.

Key details

  • CTO Alper Ilkbahar set at $755,000 base salary and a 100% short-term incentive target; Chief Legal Officer Bernard Shek at $618,000 base and 100% STI target, both effective October 1, 2026.
  • The filing also restates current levels for CEO David Goeckeler ($1,300,000 base, 200% STI) and CFO Luis Visoso ($875,000 base, 150% STI).
  • No changes were made to Goeckeler's base salary or to the STI targets of Goeckeler, Visoso or Ilkbahar.
  • The adjustments follow the committee's annual review of executive officer compensation levels; the 8-K was signed September 16, 2026.

Why it matters

This 8-K reports a governance matter at Sandisk Corp. The likely share-price reaction reads as neutral.

Neutral

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