[Form 4] WESTERN DIGITAL CORP Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Digital’s Chief of Global Operations, Vidyadhara K. Gubbi, reported routine equity compensation-related transactions. On common stock, 1,143 shares were disposed of to cover tax obligations, while 8 shares were acquired through exercising derivative-based rights. Separately, 8.6663 dividend equivalent rights were converted into the same number of common shares, with a small cash payment for a fractional right. Following these events, Gubbi continues to hold a substantial direct common stock position, and no open-market purchases or sales were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
8.666 shares exercised/converted
Mixed
3 txns
Insider
Gubbi Vidyadhara K
Role
Chief of Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 8.666 | $0.00 | -- |
| Exercise | Common Stock | 8 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,143 | $484.28 | $554K |
Holdings After Transaction:
Dividend Equivalent Rights — 236.449 shares (Direct, null);
Common Stock — 88,772 shares (Direct, null)
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).