---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-033433"
form_type: "8-K"
ticker: "SNDK"
cik: "0002023554"
company_name: "Sandisk Corp"
filed_at: "2025-02-24T23:59:59+00:00"
generated_at: "2026-05-26T06:31:06.360265+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Sandisk completes spin-off from Western Digital; begins trading on Nasdaq

## Summary
- Spin-off completed Feb 21, 2025; distribution of 1/3 share of Sandisk common per WDC share.
- Sandisk common stock (SNDK) began regular-way trading on Nasdaq on Feb 24, 2025.
- WDC retains 19.9% ownership post-spin; Sandisk no longer consolidated in WDC's financials.
- Entered $2.0B term loan (maturing 2032) and $1.5B revolver (maturing 2030); borrowed $2.0B, paid $1.5B dividend to WDC.
- Board expanded to nine directors; David Goeckeler remains CEO and Chair.

## SEC filing metadata
- accession: 0001193125-25-033433
- form_type: 8-K
- ticker: SNDK
- cik: 0002023554
- company_name: Sandisk Corp
- filed_at: 2025-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 2.03, 3.03, 5.03, 5.01, 5.02, 5.05, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2023554/000119312525033433/0001193125-25-033433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2023554/000119312525033433/d849281d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-033433
- JSON: https://secwatch.observer/filing/0001193125-25-033433.json
- Plain text: https://secwatch.observer/filing/0001193125-25-033433.txt

## Key facts
- Executive change
  Richard B. Cassidy II was elected as Director at Sandisk Corp.
  - Action: elected
  - Role: Director
  source text: Richard B. Cassidy II Director
  evidence_url: https://www.sec.gov/Archives/edgar/data/2023554/000119312525033433/0001193125-25-033433-index.htm
- Executive change
  David V. Goeckeler was appointed as Chief Executive Officer at Sandisk Corp.
  - Action: appointed
  - Role: Chief Executive Officer
  source text: David V. Goeckeler Chief Executive Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/2023554/000119312525033433/0001193125-25-033433-index.htm
- Executive change
  Ellyn J. Shook was elected as Director at Sandisk Corp.
  - Action: elected
  - Role: Director
  source text: Ellyn J. Shook Director
  evidence_url: https://www.sec.gov/Archives/edgar/data/2023554/000119312525033433/0001193125-25-033433-index.htm
- Executive change
  Necip Sayiner was elected as Director at Sandisk Corp.
  - Action: elected
  - Role: Director
  source text: Necip Sayiner Director
  evidence_url: https://www.sec.gov/Archives/edgar/data/2023554/000119312525033433/0001193125-25-033433-index.htm
- Executive change
  Devinder Kumar was elected as Director at Sandisk Corp.
  - Action: elected
  - Role: Director
  source text: Devinder Kumar Director
  evidence_url: https://www.sec.gov/Archives/edgar/data/2023554/000119312525033433/0001193125-25-033433-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.