[Form 4] WESTERN DIGITAL CORP Insider Trading Activity
Rhea-AI Filing Summary
Western Digital Corp (WDC) Form 4: Gene M. Zamiska, SVP & Principal Accounting Officer, reported a transaction dated 09/18/2025 showing 26.1267 dividend equivalent rights related to previously awarded restricted stock units (RSUs). Each dividend equivalent right represents a contingent right to one share of common stock or cash value and vests proportionately with the related RSUs. The filing reports 72.4915 shares beneficially owned following the transaction, held directly. The Form 4 was signed by an attorney-in-fact on behalf of Mr. Zamiska on 09/22/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider accrual of dividend equivalent rights on RSUs; small incremental increase in beneficial ownership, no cash purchase or sale.
This Form 4 records the conversion-accrual of 26.1267 dividend equivalent rights tied to existing RSUs rather than an open-market trade. The transaction code indicates acquisition via the issuers plan at a $0.0 price, consistent with dividend equivalent accounting. The post-transaction beneficial ownership of 72.4915 shares direct remains disclosed. For investors, this is a routine, nondisruptive equity compensation event without immediate cash flow impact or change to outstanding share count.
TL;DR: Standard insider disclosure of dividend equivalent accrual on RSUs; governance disclosure appears complete and timely.
The filing identifies the reporting person as an officer (SVP & Principal Accounting Officer) and provides the nature of the rights: contingent entitlement to common stock or cash value that vests with RSUs. The Form 4 shows the transaction date (09/18/2025) and was signed by an attorney-in-fact on 09/22/2025, meeting typical SEC Section 16 disclosure protocols. No amendments or other related-party arrangements are referenced in the provided text.