Western Digital officer sells 1,795 shares at $460
Western Digital’s Chief of Global Operations reported a small net sale of common stock, along with tax-withholding shares and dividend-equivalent conversions.
Sentiment and the balance of points
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Rhea-AI Filing Summary
WESTERN DIGITAL CORP (WDC) officer Vidyadhara K Gubbi, Chief of Global Operations, reported several equity transactions. On September 4, 2026, he sold 1,795 shares of common stock at $459.8732 per share. On September 3, 2026, dividend equivalent rights converted into 14.1166 shares of common stock, and 1,764 shares of common stock were withheld to pay tax obligations incident to vesting, all held directly. No Rule 10b5-1 trading plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,795 | $459.8732 | $825K |
| Exercise | Dividend Equivalent Rights F1 | 14.1166 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 14 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,764 | $441.57 | $779K |
Footnotes (2)
- 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).
Key Figures
Key Terms
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 insider transactions did WDC’s Chief of Global Operations report?
What happened to the dividend equivalent rights reported for WDC?
Were Western Digital (WDC) insider trades made under a Rule 10b5-1 plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.