Western Digital insider sells 808 company shares
Cynthia L. Tregillis, Chief Legal Officer & Corporate Secretary of Western Digital, reported several equity 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
Cynthia L. Tregillis, Chief Legal Officer & Corporate Secretary of Western Digital, reported several equity transactions. On July 20, dividend equivalent rights tied to restricted stock units converted into 13 common shares, with 1,309 shares withheld to cover taxes. On July 21, she sold 808 common shares at $529.63 per share under a Rule 10b5-1 trading plan adopted on March 6, 2026.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 808 | $529.63 | $428K |
| Exercise | Dividend Equivalent Rights F1 | 13.1971 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 13 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,309 | $487.42 | $638K |
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 March 6, 2026.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Dividend Equivalent Rights financial
restricted stock units financial
Rule 16b-3(e) regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Western Digital (WDC) insider Cynthia Tregillis sell in this Form 4?
Was the WDC insider sale by Cynthia Tregillis under a Rule 10b5-1 plan?
What are the dividend equivalent rights mentioned in the Western Digital (WDC) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.