Western Digital (WDC) SVP receives new Dividend Equivalent Rights grant

Rhea-AI Filing Summary

Feller Brad reported acquisition or exercise transactions in this Form 4 filing.

Western Digital Corp SVP & Chief Accounting Officer Brad Feller received a grant of 2.0887 Dividend Equivalent Rights tied to previously awarded restricted stock units. Each right represents a contingent right to receive one share of Western Digital common stock or its cash value. Following this grant, he holds a total of 13.2295 Dividend Equivalent Rights directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Feller Brad

Role SVP & Chief Accounting Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	2.089	$0.00	--

Holdings After Transaction: Dividend Equivalent Rights — 13.23 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Dividend Equivalent Rights granted: 2.0887 rights Total Dividend Equivalent Rights after grant: 13.2295 rights Underlying common stock per right: 1 share or cash value +1 more

4 metrics

Dividend Equivalent Rights granted 2.0887 rights Grant on 2026-06-17 to Brad Feller

Total Dividend Equivalent Rights after grant 13.2295 rights Post-transaction direct holdings

Underlying common stock per right 1 share or cash value Each right corresponds to one Western Digital share or cash value

Transaction code A (grant/award acquisition) Form 4 transaction classification

Key Terms

Dividend Equivalent Rights, restricted stock units (RSUs), contingent right, Form 4

4 terms

Dividend Equivalent Rights financial

"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

restricted stock units (RSUs) financial

"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately"

Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.

contingent right financial

"Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof"

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Feller Brad

(Last) (First) (Middle)

C/O WESTERN DIGITAL CORPORATION

5601 GREAT OAKS PARKWAY

(Street)

SAN JOSE CALIFORNIA 95119

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
WESTERN DIGITAL CORP [ WDC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP & Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/17/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Rights	(1)	06/17/2026		A		2.0887		(1)	(1)	Common Stock	2.0887	$0.0	13.2295	D

Explanation of Responses:

1. 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.

	By: /s/ Sandra Garcia Attorney-in-Fact For: Brad David Feller	06/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Western Digital (WDC) report for Brad Feller?

Western Digital reported that SVP & Chief Accounting Officer Brad Feller received 2.0887 Dividend Equivalent Rights. These rights are tied to previously granted restricted stock units and increase his total Dividend Equivalent Rights holdings to 13.2295.

What are Dividend Equivalent Rights in the Western Digital (WDC) Form 4?

Dividend Equivalent Rights are awards that accrue on previously granted restricted stock units. Each right gives a contingent claim to receive one share of Western Digital common stock or the cash value of one share, vesting proportionately with the related RSUs.

How many Dividend Equivalent Rights does Brad Feller hold after this Western Digital transaction?

After this transaction, Brad Feller holds 13.2295 Dividend Equivalent Rights. The reported Form 4 shows a grant of 2.0887 new rights, increasing his directly owned total to that post-transaction amount.

Was the Western Digital (WDC) Form 4 transaction a purchase or sale of stock?

The Form 4 does not report a stock purchase or sale. Instead, it reflects an acquisition of 2.0887 Dividend Equivalent Rights as a grant related to previously awarded restricted stock units, with no open-market trading indicated.

Do the Dividend Equivalent Rights in this Western Digital filing pay cash immediately?

No, the Dividend Equivalent Rights do not pay cash immediately. Each right represents a contingent right to receive either one share of Western Digital common stock or the cash value of a share, vesting over time with the related RSUs.