Western Digital exec withholds 1,143 shares for taxes
Western Digital’s Chief of Global Operations, Vidyadhara K. Gubbi, reported routine equity compensation-related transactions.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 8.6663 | $0.00 | $0.00 |
| Exercise | Common Stock | 8 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,143 | $484.28 | $554K |
Footnotes (2)
- F1. 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.
- F2. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
AI-generated analysis. How Rhea-AI works. Not financial advice.