WDC insider update: Director Massengill RSU grant and adjusted units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Digital Corp. (WDC) reported a Form 4 insider transaction for director Matthew E. Massengill dated 11/20/2025. He received a grant of 1,585 restricted stock units, each representing a contingent right to one share of Western Digital common stock at no cash cost.
After this grant, Massengill beneficially owns 28,897 common shares directly, 36,926 indirectly through a family trust, and 500 indirectly through an IRA. The filing notes that these holdings include 8,508 additional stock units received in connection with Western Digital’s February 21, 2025 spin-off, where each outstanding stock unit was adjusted using an equity conversion ratio of 1.452526 per unit under an Employee Matters Agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
MASSENGILL MATTHEW E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,585 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 28,897 shares (Direct);
Common Stock — 36,926 shares (Indirect, By Family Trust)
Footnotes (1)
- Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. Includes 8,508 additional stock units acquired by the Reporting Person in connection with the Issuer's spin-off (the "Spin-Off") of a then-wholly owned subsidiary of the Issuer on February 21, 2025. Pursuant to an Employee Matters Agreement, at the effective time of the Spin-Off, each outstanding Issuer stock unit was adjusted and converted into additional stock units based on the equity conversion ratio of 1.452526 per every Issuer stock unit.
FAQ
What insider transaction did Western Digital (WDC) report on this Form 4?
The Form 4 reports that director Matthew E. Massengill received a grant of 1,585 restricted stock units of Western Digital common stock on 11/20/2025.
What are the terms of the restricted stock units granted to the Western Digital (WDC) director?
Each restricted stock unit represents a contingent right to receive one share of Western Digital common stock, with the grant reported at a price of $0.0 per unit.
How did the Western Digital (WDC) spin-off affect the director’s stock units?
The holdings include 8,508 additional stock units acquired in connection with Western Digital’s spin-off on February 21, 2025, where each outstanding stock unit was adjusted using an equity conversion ratio of 1.452526 per unit under an Employee Matters Agreement.
What is the relationship of the reporting person to Western Digital (WDC)?
The reporting person, Matthew E. Massengill, is identified in the filing as a Director of Western Digital Corp.
Is this Western Digital (WDC) Form 4 filed for one reporting person or multiple?
The Form 4 is indicated as being filed by one reporting person, not by a group.