[144] Western Digital Corp. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for Western Digital Corp. (WDC). The filer notifies a proposed sale of 353 common shares valued at $28,557.70 to be executed on 08/28/2025 through Morgan Stanley Smith Barney LLC on NASDAQ. The reported shares were acquired as restricted stock on 08/27/2025 from the issuer and payment was recorded on the same date. The filing also discloses five prior sales by the same person in the last three months, totaling 7,776 shares with listed gross proceeds for each transaction. The filing includes the representation that the seller is not aware of undisclosed material adverse information about the issuer.
Positive
- Planned sale fully disclosed with broker, date, and amount (353 shares, $28,557.70)
- Prior sales transparency: five recent transactions are itemized with dates and gross proceeds
- Acquisition type disclosed: shares were acquired as restricted stock on 08/27/2025
Negative
- Insider has recently sold shares in multiple transactions over the past three months (total 7,776 shares)
- Proposed sale follows immediate acquisition (restricted stock acquired 08/27/2025, proposed sale 08/28/2025)
Insights
TL;DR: Insider sale disclosure shows recent, small-scale dispositions and a proposed sale of 353 restricted shares on 08/28/2025.
This Form 144 documents a routine notice of proposed sale under Rule 144. The transaction size (353 shares, $28,557.70) is small relative to the reported outstanding shares (346,922,126), and the securities were reported as restricted stock acquired 08/27/2025. The filing also lists five prior sales by the same person in the past three months totaling 7,776 shares with itemized gross proceeds. These disclosures are procedural and provide transparency on insider liquidity events without additional financial detail.
TL;DR: The filing fulfills disclosure obligations; recent sales are documented and the seller affirms no undisclosed material information.
The Form 144 contains the seller's certification regarding material information and lists the broker, timing, and amounts for both the proposed sale and recent transactions. It notes that the shares to be sold were acquired as restricted stock from the issuer on 08/27/2025. From a governance perspective, the filing meets Rule 144 notification requirements and provides investors with clear records of insider selling activity.