Western Digital executive granted dividend rights

Western Digital Corp Chief Sales & Marketing Officer Brian Scott Davis received a small compensation-related award linked to existing equity grants.

Rhea-AI Filing Summary

Western Digital Corp Chief Sales & Marketing Officer Brian Scott Davis received a small compensation-related award linked to existing equity grants. He acquired 26.1629 dividend equivalent rights on 2026-03-18, bringing his holdings in this derivative instrument to 217.4250 rights.

The dividend equivalent rights accrued on previously granted restricted stock units and will vest in step with those units. Each right represents a contingent entitlement to receive one share of Western Digital common stock, or the cash value of a share, rather than an open-market stock purchase.

Insider Trade Summary

Grant/Award: 26.1629 shares

Grant/Award 1 txn

Insider Davis Brian Scott

Role Chief Sales & Mrktng Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	26.1629	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights — 217.425 contracts (Direct)

Footnotes (1)

1. F1. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Western Digital (WDC) report for Brian Scott Davis?

Western Digital reported that Chief Sales & Marketing Officer Brian Scott Davis acquired 26.1629 dividend equivalent rights. These rights are tied to previously awarded restricted stock units and represent additional, non-cash compensation rather than an open-market share purchase.

How many dividend equivalent rights does the WDC officer hold after this Form 4?

After the transaction, Brian Scott Davis holds 217.4250 dividend equivalent rights. These derivative rights track previously granted restricted stock units and may settle in either Western Digital common stock or the cash value of the stock upon vesting.

Are the Western Digital (WDC) dividend equivalent rights an open-market stock purchase?

No, the dividend equivalent rights are not an open-market stock purchase. They are compensation-related rights that accrue on existing restricted stock units and provide a contingent claim to Western Digital shares or equivalent cash when those units vest over time.

What do the dividend equivalent rights reported by Western Digital (WDC) represent?

Each dividend equivalent right represents a contingent right to receive one share of Western Digital common stock or its cash value. They accrued on earlier restricted stock unit awards and will vest proportionately with those underlying restricted stock units, aligning compensation with shareholder returns.

How significant is this Western Digital (WDC) Form 4 transaction for shareholders?

This Form 4 shows a routine, small-scale compensation adjustment for an executive. The acquisition of 26.1629 dividend equivalent rights is tied to existing restricted stock units and does not reflect an open-market buy or sell decision that would typically signal a strong change in insider sentiment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/19/2026 - 06:41 PM Learn about SEC filing dates

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^*

Davis Brian Scott

(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)
	Chief Sales & Mrktng Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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)	03/18/2026		A		26.1629		(1)	(1)	Common Stock	26.1629	$0.0	217.425	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: Brian Scott Davis	03/19/2026
	** 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)