Sandisk Corporation filed a Form 8-K on October 29, 2026, disclosing an eight-for-one forward stock split approved by its Board of Directors and announcing financial results for the fiscal first quarter ended October 2, 2026.

Key Highlights

  • Eight-for-one forward stock split: Sandisk's Board of Directors approved an eight-for-one forward stock split of its common stock, par value $0.01 per share.
  • Record date: Stockholders of record as of the close of business on November 9, 2026 will receive seven additional shares for each share held.
  • Distribution date: The additional shares will be issued after market close on Thursday, November 19, 2026, with post-split trading expected to begin at market open on Friday, November 20, 2026.
  • Authorized shares increase: The Charter Amendment will proportionately increase authorized shares of common stock from 450 million to 3.6 billion.
  • Trading symbol unchanged: The company's common stock is expected to continue trading under the existing symbol "SNDK" on the Nasdaq Global Select Market.
  • Fiscal Q1 results announced: The company also announced financial results for the fiscal first quarter ended October 2, 2026, with the press release attached as Exhibit 99.1.

Sandisk Discloses Stock Split Mechanics and Charter Amendment Details

According to the filing, Sandisk Corporation (NASDAQ:SNDK) disclosed that its Board of Directors approved an eight-for-one forward stock split to be effected through an amendment to the company's Amended and Restated Certificate of Incorporation. The filing states that the Charter Amendment, when effected, will proportionately increase the number of authorized shares of the company's common stock from 450 million to 3.6 billion shares.

The filing specifies that each stockholder of record as of the close of business on November 9, 2026 will receive seven additional shares for each share held. Those additional shares are to be issued after market close on Thursday, November 19, 2026. The company's common stock is expected to begin trading on a post-split basis at the market open on Friday, November 20, 2026, under the existing trading symbol "SNDK," the filing states.

The filing also notes, under Item 2.02, that Sandisk announced financial results for the fiscal first quarter ended October 2, 2026, with a press release attached as Exhibit 99.1. The filing includes forward-looking statements regarding the timing and impact of the stock split, which, according to the company's own cautionary language, "are based on management's current expectations and are subject to risks and uncertainties," including the risk that "the Stock Split is prevented from taking effect or is delayed due to legal or regulatory constraints." The Form 8-K was signed by Bernard Shek, Chief Legal Officer and Secretary, on October 29, 2026.

What Was Disclosed

Sandisk Corporation filed an 8-K on October 29, 2026, disclosing a Board-approved eight-for-one forward stock split with a record date of November 9, 2026, a distribution date of November 19, 2026, and an authorized share increase from 450 million to 3.6 billion, alongside a fiscal Q1 2026 earnings announcement.