[Form 4] WESTERN DIGITAL CORP Insider Trading Activity
Rhea-AI Filing Summary
Western Digital Corp (WDC) Chief Financial Officer Kris Sennesael reported routine equity compensation activity. On 11/20/2025, 99 shares of common stock were acquired at $0.0 in connection with the conversion of dividend equivalent rights tied to vested restricted stock units. To cover tax obligations on the vesting, 18,680 shares were withheld at a price of $140.23 per share.
After these transactions, Sennesael directly owned 187,966 shares of Western Digital common stock. He also held 387.6468 dividend equivalent rights as derivative securities, which can convert into additional common shares in connection with future vesting events.
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FAQ
What insider transaction did Western Digital (WDC) report in this Form 4?
The filing reports CFO Kris Sennesael acquiring 99 Western Digital common shares through conversion of dividend equivalent rights and the withholding of 18,680 shares to satisfy tax obligations related to vesting equity awards.
Who is the reporting person in Western Digital (WDC)'s latest Form 4?
The reporting person is Kris Sennesael, who serves as Western Digital’s Chief Financial Officer and is an officer of the company.
How many Western Digital (WDC) shares does the CFO own after this transaction?
Following the reported transactions on 11/20/2025, CFO Kris Sennesael directly owned 187,966 shares of Western Digital common stock.
What was the purpose of the 18,680 Western Digital (WDC) shares withheld?
The 18,680 shares of Western Digital common stock were withheld at $140.23 per share to pay tax obligations arising from the vesting of equity awards, as permitted under Rule 16b-3(e).
What are dividend equivalent rights mentioned in the Western Digital (WDC) Form 4?
The filing explains that the dividend equivalent rights convert into, and are paid in the form of, Western Digital common shares on a one-for-one basis when the related restricted stock units vest, with any fractional amount settled in cash.
How many derivative securities does the Western Digital (WDC) CFO hold after the transaction?
After the reported activity, Kris Sennesael held 387.6468 dividend equivalent rights as derivative securities related to Western Digital common stock.