[144] Western Digital Corp. SEC Filing
Rhea-AI Filing Summary
Western Digital Corp. (WDC) submitted a Form 144 reporting a proposed sale of 3,947 shares of common stock with an aggregate market value of $295,531.63. The sale is listed as approximately occurring on 08/11/2025 on NASDAQ through broker Morgan Stanley Smith Barney LLC.
The shares to be sold are restricted stock acquired from the issuer on multiple dates in 2024 (totaling 3,947 shares: 538, 371, 538, 335, 485, and 1,680). The filer reports no securities sold in the past three months and includes the standard representation that they do not possess undisclosed material adverse information about the issuer.
Positive
- None.
Negative
- None.
Insights
TL;DR: This Form 144 notifies a planned sale of 3,947 restricted WDC shares (~$295.5k), a de minimis stake versus outstanding shares.
The filing documents a proposed disposition through a broker and lists acquisition dates and quantities that sum to the shares being offered. Relative to the reported 348,878,365 shares outstanding, the proposed sale represents roughly 0.0011% of the float, so the market impact is immaterial. The absence of sales in the prior three months reduces near-term supply concerns. This is a routine compliance disclosure under Rule 144 rather than a material corporate development.
TL;DR: The Form 144 signals an insider or affiliate sale of restricted stock and reflects regulatory compliance, not a governance red flag on its face.
The notice shows the shares were acquired as restricted awards from the issuer across several 2024 grant dates and are being processed via an established broker, which aligns with standard insider monetization. The filer’s representation about lack of undisclosed material adverse information is routine. Given the very small percentage of outstanding stock involved, this disclosure does not imply a governance or signaling event of material consequence.