[144] Western Digital Corp. SEC Filing
Rhea-AI Filing Summary
Form 144 filed for Western Digital Corp. (WDC) discloses a proposed sale of 1,828 common shares through Morgan Stanley Smith Barney LLC with an approximate aggregate market value of $136,697.84, and an approximate sale date of 08/22/2025 on NASDAQ. The shares were acquired as restricted stock from the issuer on 08/21/2025 and payment is recorded as 08/21/2025.
The filing also lists sales by the same person, Gene M Zamiska, during the past three months totaling multiple transactions: 2,692 shares and proceeds of $203,730.56 on 08/21/2025, 468 shares for $35,418.24 on 08/21/2025, and several June and early‑June sales totaling 1,974 shares and proceeds shown per line. The notice includes broker details and the standard signature representation regarding material nonpublic information.
Positive
- Disclosure compliance: The filing provides required Rule 144 details including broker, share counts, acquisition dates, and past three‑month sales.
- Transparency on recent transactions: Multiple prior sales by Gene M Zamiska are itemized with dates and gross proceeds, allowing investors to track insider liquidity.
Negative
- None.
Insights
TL;DR: Routine insider filing showing a planned sale of 1,828 restricted shares and several recent dispositions by the same individual; informational but not clearly material.
The Form 144 documents a proposed sale through Morgan Stanley Smith Barney LLC of 1,828 common shares with an aggregate market value of $136,697.84 and an intended sale date of 08/22/2025. The shares were acquired as restricted stock on 08/21/2025, indicating a recent grant or award converted to sale intent immediately thereafter. The filing also lists multiple prior sales by Gene M Zamiska in June and August 2025 with explicit share counts and gross proceeds, providing traceable insider liquidity events. From a market-impact perspective, the disclosed volumes and dollar amounts should be compared to WDC's free float to assess materiality; the filing itself is compliant and provides the standard representations required by Rule 144.
TL;DR: Disclosure aligns with Rule 144 requirements; shows insider monetization but lacks issuer identity details in header fields.
The submission includes required broker, share count, acquisition date, nature of acquisition (restricted stock), and recent sale history by the same person, demonstrating adherence to disclosure obligations. The signature block contains the customary representation about absence of undisclosed material information. Notably, several header fields in the provided extract (issuer name, filer CIK/CCC, and contact details) appear blank or redacted in this extract, which limits third‑party verification of filer identity within the provided content. Overall, the filing documents insider sales and supports transparency while the missing header data in the extract reduces completeness for external reviewers.