Western Digital exec reports RSU tax share moves
Western Digital’s Chief of Global Operations, Vidyadhara K. Gubbi, reported small equity-related transactions tied to restricted stock units and dividend equivalent rights on February 20 and 21, 2026.
Rhea-AI Filing Summary
Western Digital’s Chief of Global Operations, Vidyadhara K. Gubbi, reported small equity-related transactions tied to restricted stock units and dividend equivalent rights on February 20 and 21, 2026.
Dividend equivalent rights were converted into common stock on a one-for-one basis, adding a few shares to his direct holdings. On both dates, shares of common stock were also disposed of to cover tax obligations upon vesting, as allowed under Rule 16b-3(e). After these transactions, Gubbi directly owned just under 126,000 shares of Western Digital common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 4.6881 | $0.00 | $0.00 |
| Exercise | Common Stock | 4 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 483 | $285.52 | $138K |
| Exercise | Dividend Equivalent Rights | 4.003 | $0.00 | $0.00 |
| Exercise | Common Stock | 4 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 437 | $285.52 | $125K |
Footnotes (2)
- 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).
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Western Digital (WDC) report for Vidyadhara K. Gubbi?
Were the Western Digital (WDC) Form 4 transactions open-market buys or sells?
What are dividend equivalent rights in the Western Digital (WDC) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.