SanDisk (SNDK) has announced an eight-for-one forward stock split of its common stock. Stockholders of record as of the close of business on November 9, 2026, will receive seven additional shares for each share held, to be issued after market close on Thursday, November 19, 2026. Trading is expected to begin on a split-adjusted basis at market open on Friday, November 20, 2026.
Here is a comprehensive guide to what this stock split means for your account and how Grvt is handling the transition.
What is a Stock Split?
SanDisk (SNDK) is undergoing a 1:8 forward stock split. This means the underlying spot price will adjust to approximately 1/8 of its previous value. Simultaneously, the economically equivalent share count will multiply by 8. Because both the price and quantity are adjusted together, the economic exposure of the asset remains completely unchanged.
What Should Grvt Users Expect?
Due to the upcoming SNDK stock split, Grvt will make specific system adjustments on November 20. There is no action required on your end.
Here is the timeline and exact impact on your account:
Trading Pause: SNDK trading will pause from November 20, 01:00 UTC for stock split adjustment.
Order Cancellations: All open SNDK orders will be canceled during this pause period.
Position Adjustments: Your positions will be automatically rescaled based on the split ratio.
Trading Resumption: Trading will resume at November 20, 14:30 UTC
Split-Adjusted Trading: Once resumed, SNDK will be live and trading on a split-adjusted basis.
(Note: Timing may change pending confirmation when split-adjusted price starts floating. Please stay tuned for updates on Grvt.
How Grvt Protects Your Positions
A stock split significantly alters an asset's price overnight. Grvt utilizes strict safeguards to ensure this permanent price adjustment does not negatively impact your margin or trigger false liquidations.
To prevent your positions, orders, margin, and PnL from incorrectly referencing the pre-split scale, trading for the asset is paused.
On the first post-split SNDK tick, Grvt's Risk system deterministically upgrades all positions by the 1:8 factor.
Because trading is paused and no price ticks are processed during the transition, there is no liquidation based on the sudden price change for SNDK.