Western Digital CLO sells 438 shares under plan
Western Digital Corp’s Chief Legal Officer and Corporate Secretary, Cynthia L. Tregillis, reported several equity transactions.
Rhea-AI Filing Summary
Western Digital Corp’s Chief Legal Officer and Corporate Secretary, Cynthia L. Tregillis, reported several equity transactions. She sold a total of 438 shares of common stock in open-market sales on February 23–24, 2026 at prices of $281.70 and $283.83, executed under a Rule 10b5-1 trading plan adopted on May 23, 2025. Around the same time, dividend equivalent rights tied to restricted stock units were converted into small amounts of common stock, and 1,353 shares were withheld at $285.52 per share to cover tax obligations. After these transactions, she directly held 134,759 shares of Western Digital common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 308 | $281.70 | $87K |
| Sale | Common Stock | 130 | $283.83 | $37K |
| Exercise | Dividend Equivalent Rights | 9.4399 | $0.00 | $0.00 |
| Exercise | Common Stock | 9 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,109 | $285.52 | $317K |
| Exercise | Dividend Equivalent Rights | 3.234 | $0.00 | $0.00 |
| Exercise | Common Stock | 3 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 244 | $285.52 | $70K |
Footnotes (3)
- F1. The dividend equivalent rights were converted into, and paid in the form of, shares of the Issuer's common stock on a one-for-one basis in connection with the vesting of restricted stock units to which the dividend equivalent rights relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent right.
- F2. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- F3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025.
FAQ
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What insider transactions did WDC executive Cynthia Tregillis report?
Were Cynthia Tregillis’s Western Digital stock sales made under a trading plan?
What are dividend equivalent rights in the WDC Form 4 for Cynthia Tregillis?
AI-generated analysis. How Rhea-AI works. Not financial advice.