Western Digital SVP gets dividend equivalent rights
Feller Brad reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Feller Brad reported acquisition or exercise transactions in this Form 4 filing.
Western Digital senior vice president and chief accounting officer Brad Feller received a grant of 4.065 dividend equivalent rights tied to previously awarded restricted stock units. Each right represents a contingent right to receive one share of common stock or its cash value, vesting in step with the related RSUs. Following this grant, he holds a total of 11.1408 dividend equivalent rights.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 4.065 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Western Digital (WDC) report in Brad Feller’s latest Form 4?
What are dividend equivalent rights in Western Digital’s Form 4 for WDC?
How many dividend equivalent rights does Brad Feller hold after this WDC filing?
Is Brad Feller’s Form 4 transaction a purchase or a grant for Western Digital (WDC)?
How do the dividend equivalent rights in this Western Digital Form 4 vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.