[144] Western Digital Corp. SEC Filing
Rhea-AI Filing Summary
Form 144 notice for Western Digital Corp. (WDC) indicates a proposed sale of 14,067 common shares with an aggregate market value of $1,051,930.26. The shares represent part of a total outstanding share count of 346,922,126 and are slated for sale on 08/22/2025 on NASDAQ through Morgan Stanley Smith Barney LLC Executive Financial Services in New York.
The filing lists the acquisition sources for the securities being sold: 1,024 shares from an Employee Stock Purchase Plan acquired on 11/30/2023 (paid in cash); 11,852 restricted shares acquired on 11/20/2023; and 1,191 performance shares acquired on 08/27/2024. No securities sold in the past three months are reported. Certain filer and issuer identification fields are not populated in the provided text.
Positive
- Detailed provenance provided for the 14,067 shares showing ESPP, restricted stock, and performance share origins
- No sales in the past three months are reported for the selling person, simplifying aggregation under Rule 144
Negative
- Filer and issuer identification fields are not populated in the provided excerpt, limiting identification of the seller
- Planned sale represents approximately 0.004% of the reported outstanding shares (14,067 of 346,922,126), which may be considered a small but non-insignificant insider sale given the $1.05M value
Insights
TL;DR: Routine Rule 144 notice for a planned insider disposition of a modest block of WDC common stock on NASDAQ.
The notice documents a proposed sale of 14,067 shares worth about $1.05 million via Morgan Stanley Smith Barney LLC on 08/22/2025. The shares derive from an ESPP, restricted stock, and performance awards acquired between 11/2023 and 08/2024. The filing explicitly states no sales in the prior three months. Missing filer CI K/name fields limit identification of the selling person in this excerpt, but the transaction details and acquisition dates are clearly provided, consistent with Rule 144 reporting practices.
TL;DR: Disclosure appears routine and procedural, providing acquisition provenance and planned sale timing without material corporate developments.
The schedule of grant types (ESPP, restricted stock, performance shares) and payment methods (cash or not applicable) helps confirm these are typical compensatory holdings rather than third-party transfers. The filing contains no information about material undisclosed events and includes the required representation regarding material adverse information. However, absent explicit identification of the selling person's relationship beyond the equity types, the filing excerpt does not permit assessment of potential insider timing concerns beyond standard Rule 144 safeguards.