[144] Western Digital Corp. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for proposed sale of 11,343 shares of Western Digital Corp. (WDC). The filing shows the shares have an aggregate market value of $1,024,161.74 and represent part of restricted stock grants acquired from the issuer between 2020 and 2022. The listed acquisitions total 11,343 shares across nine grant dates, all labeled Restricted Stock. The filer indicates an approximate sale date of 09/04/2025 on the NASDAQ. The document also discloses recent open-market sales by the same person on 08/11/2025 (3,947 shares, $295,531.64) and 08/13/2025 (5,597 shares, $426,827.22), totaling 9,544 shares for $722,358.86. The notice includes the standard representation that the seller is unaware of undisclosed material adverse information.
Positive
- Acquisitions are fully documented as restricted stock from the issuer, clarifying the origin of the shares to be sold.
- Recent sale proceeds are disclosed (9,544 shares for $722,358.86), providing transparency on prior transactions.
Negative
- Insider plans to sell 11,343 shares, which may be viewed negatively by some investors preferring insider buying.
- Form does not specify a 10b5-1 plan adoption date, so scheduled trading-plan protections are not documented in this notice.
Insights
TL;DR: Routine insider sale of restricted stock totaling 11,343 WDC shares; recent dispositions totaled 9,544 shares for $722,358.86.
The filing documents a proposed sale of 11,343 Western Digital shares with an aggregate market value of $1,024,161.74, originating from restricted stock grants issued between 2020 and 2022. The notice lists an approximate sale date of 09/04/2025 and records prior open-market sales by the same person on 08/11/2025 and 08/13/2025 aggregating 9,544 shares and $722,358.86 in proceeds. This type of Form 144 disclosure is a routine regulatory notice required for proposed insider sales under Rule 144 and provides transparency on timing and origin of the shares.
TL;DR: Filing appears procedural and includes the seller's attestation of no undisclosed material adverse information.
The submission shows the securities were acquired as restricted stock directly from the issuer across multiple grant dates, consistent with compensation vesting patterns. The notice contains the standard attestation about lack of material non-public information and references a potential Rule 10b5-1 trading plan if applicable, though no plan date is provided. From a governance perspective, this disclosure supports transparency around insider liquidity but does not by itself indicate governance issues.