[Form 4] Western Digital Corp. Insider Trading Activity
Rhea-AI Filing Summary
Gene M. Zamiska, Senior Vice President and Principal Accounting Officer of Western Digital Corporation (WDC), reported insider transactions on 08/20/2025. Dividend equivalent rights converted into 10.5643 shares resulting from vesting of restricted stock units, increasing direct common stock holdings to 39,613 shares. Separately, 3,102 shares were withheld to cover tax obligations and disposed of at $75.64 per share, leaving 36,511 shares beneficially owned after the transactions. The Form 4 was signed on behalf of Mr. Zamiska by an attorney-in-fact on 08/21/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR Insider received shares from vested RSUs and had a small tax-withholding sale, leaving ~36.5k shares held.
This filing documents routine equity compensation activity: dividend equivalent rights were converted to 10.5643 shares and paid in stock upon RSU vesting, and 3,102 shares were withheld and disposed of to satisfy tax withholding at $75.64 per share. The net effect is a modest increase from the conversion but a net decrease to 36,511 shares beneficially owned. These transactions are standard for executive compensation and do not, by themselves, indicate a change in corporate fundamentals.
TL;DR Transactions reflect customary settlement and tax withholding of vested equity awards.
The Form 4 clearly describes settlement mechanics: dividend equivalents converting one-for-one into common stock and tax withholding via share disposition consistent with Rule 16b-3(e). The filing is complete with signature by an attorney-in-fact. No departures from standard governance or disclosure practices are evident in the document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 10.564 | $0.00 | -- |
| Exercise | Common Stock | 9 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,102 | $75.64 | $235K |
Footnotes (1)
- 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. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).