[Form 4] Western Digital Corp. Insider Trading Activity
Rhea-AI Filing Summary
Western Digital Corp. insider filing: The Form 4 reports that Irving Tan, who serves as both Chief Executive Officer and a director, was granted 74,162 restricted stock units (RSUs) on 08/26/2025. Each RSU represents a contingent right to one share of the company’s common stock and the reported acquisition price is shown as $0.0, consistent with a compensation grant rather than an open-market purchase. After this grant, the filing reports Mr. Tan beneficially owns 666,212 shares. The form was signed on behalf of the reporting person by an attorney-in-fact on 08/28/2025.
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Insights
TL;DR: CEO received a sizeable RSU grant of 74,162 units, increasing reported beneficial ownership to 666,212 shares.
The filing documents a compensation-related equity grant rather than a cash purchase. A 74,162 RSU award is material in size and increases the CEO's alignment with shareholder outcomes by converting to one share per unit upon vesting. The reported $0.0 price reflects grant accounting on Form 4, not a market transaction. For valuation or dilution impact, vesting schedule and total diluted share count would be needed but are not provided in this filing.
TL;DR: Director/CEO equity grant reported; disclosure is routine but important for governance transparency.
The Form 4 properly discloses an internal compensation grant to a named executive and director. The filing specifies role (Chief Executive Officer and director), grant amount (74,162 RSUs) and post-grant beneficial ownership (666,212 shares). The document is a standard Section 16 disclosure; it does not include vesting terms or rationale for the award, so stakeholders cannot assess retention incentives or performance linkage from this filing alone.