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Western Digital affiliate plans $1.59M share sale

The notice lists the 4,000 shares as compensation from the issuer, acquired on November 14, 2023.

(Neutral)

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Form Type
144

Rhea-AI Filing Summary

Western Digital Corporation (WDC) is named as issuer in a Rule 144 notice covering the planned sale of 4,000 common shares, with an aggregate market value of $1,585,680 and an approximate sale date of October 29, 2026. The Martin I Cole Revocable Trust is selling the shares, with Martin I Cole as Trustee; the notice identifies Cole as an affiliate. J.P. Morgan Securities LLC is named as agent and attorney-in-fact for Martin I Cole, and Nasdaq is listed as the exchange.

Shares in planned sale 4,000 shares Approximate sale date: October 29, 2026
Aggregate market value $1,585,680 Planned sale
Issuer shares outstanding 374,323,269 shares Reported in the securities information
Shares acquired as compensation 4,000 shares From the issuer on November 14, 2023
Rule 144 regulatory
"definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Affiliate regulatory
"Affiliate"
attorney-in-fact regulatory
"as agent and attorney-in-fact for Martin I Cole"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many WDC shares does Martin I Cole's trust plan to sell?

The Martin I Cole Revocable Trust plans to sell 4,000 common shares, with an aggregate market value of $1,585,680.

How did the Martin I Cole Revocable Trust acquire the WDC shares?

The notice lists the 4,000 shares as compensation from the issuer, acquired on November 14, 2023.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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