Western Digital CLO sells 214 shares, manages tax
Western Digital Corp Chief Legal Officer Cynthia L. Tregillis reported several equity transactions involving company stock.
Rhea-AI Filing Summary
Western Digital Corp Chief Legal Officer Cynthia L. Tregillis reported several equity transactions involving company stock. On February 26, 2026, she completed an open-market sale of 214 shares of common stock at $286.11 per share, under a pre-established Rule 10b5-1 trading plan adopted on May 23, 2025.
On February 25, 2026, dividend equivalent rights converted into 6.5619 shares of common stock on a one-for-one basis in connection with vesting restricted stock units, and 6 additional common shares were acquired through a derivative exercise. Also on that date, 770 common shares were disposed of to cover tax obligations at $290.95 per share. After these transactions, she directly owned 133,781 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 214 | $286.11 | $61K |
| Exercise | Dividend Equivalent Rights | 6.5619 | $0.00 | $0.00 |
| Exercise | Common Stock | 6 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 770 | $290.95 | $224K |
Footnotes (3)
- 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).
- F3. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 23, 2025.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did WDC executive Cynthia Tregillis report on this Form 4?
At what prices were Cynthia Tregillis’s WDC stock transactions executed?
Were Cynthia Tregillis’s WDC stock sales under a Rule 10b5-1 trading plan?
What are the dividend equivalent rights mentioned in the WDC Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.