[144] Western Digital Corp. SEC Filing
Rhea-AI Filing Summary
Western Digital Corp. (WDC) filing a Form 144 to report a proposed sale of common stock. The notice identifies 8,621 shares of common stock to be sold through Morgan Stanley Smith Barney LLC with an aggregate market value of $654,333.90. The shares are to be sold on the NASDAQ with an approximate sale date of 08/19/2025.
The filing states the shares were acquired on 03/20/2025 as restricted stock from the issuer and lists the payment/date of acquisition as 03/20/2025. The notice reports 346,922,126 shares outstanding for the issuer. No securities sold in the past three months are reported.
Positive
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Negative
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Insights
TL;DR: Routine insider sale notice disclosing a small block of restricted shares to be sold via Morgan Stanley.
The Form 144 provides standard disclosure required for the proposed sale of restricted shares. It specifies the broker, the exact share count (8,621) and the aggregate market value ($654,333.90), plus the approximate sale date (08/19/2025). Because the acquisition was recorded as restricted stock from the issuer on 03/20/2025 and no prior sales in the last three months are reported, this appears to be a single planned disposition by an insider or affiliate. For investors, this is a compliance disclosure rather than an operational signal; it documents intent to sell but does not, by itself, indicate material change to company fundamentals.
TL;DR: Compliance-focused filing showing adherence to Rule 144 for a restricted-stock sale.
The notice meets procedural requirements by naming the broker and providing acquisition details (restricted stock dated 03/20/2025). It includes the issuer's reported shares outstanding (346,922,126) and an approximate sale date. The signature/representation section reiterates the seller's attestation about the absence of undisclosed material adverse information. The filing contains no additional governance items such as plan adoption dates or 10b5-1 plan specifics, and no unusual disclosures are present.