STOCK TITAN

[Form 4] Western Digital Corp. Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Western Digital Corp (WDC) Chief of Global Operations Vidyadhara K. Gubbi reported multiple transactions on June 20, 2025:

  • Acquired 28 shares of common stock through conversion of dividend equivalent rights at $0.00 per share
  • Disposed of 8,218 shares at $59.29 per share for tax withholding related to restricted stock unit vesting
  • Following these transactions, Gubbi directly owns 164,223 shares of WDC common stock
  • Maintains 183.23 dividend equivalent rights following the reported transactions

The transactions were executed in accordance with Rule 16b-3(e) for tax obligation payment through security withholding. The Form 4 was filed by Sandra Garcia as attorney-in-fact for Gubbi on June 24, 2025, within the required reporting timeline.

Vidyadhara K. Gubbi, Responsabile delle Operazioni Globali di Western Digital Corp (WDC), ha segnalato diverse operazioni effettuate il 20 giugno 2025:

  • Acquisizione di 28 azioni ordinarie tramite conversione di diritti equivalenti a dividendi a $0,00 per azione
  • Vendita di 8.218 azioni a $59,29 ciascuna per il pagamento delle tasse relative alla maturazione di unità azionarie vincolate
  • Dopo queste operazioni, Gubbi detiene direttamente 164.223 azioni ordinarie di WDC
  • Conserva 183,23 diritti equivalenti a dividendi dopo le operazioni segnalate

Le transazioni sono state eseguite in conformità alla Regola 16b-3(e) per il pagamento delle imposte tramite ritenuta su titoli. Il Modulo 4 è stato presentato da Sandra Garcia in qualità di procuratore di Gubbi il 24 giugno 2025, rispettando i termini di segnalazione previsti.

Vidyadhara K. Gubbi, Jefe de Operaciones Globales de Western Digital Corp (WDC), reportó múltiples transacciones el 20 de junio de 2025:

  • Adquisición de 28 acciones ordinarias mediante conversión de derechos equivalentes a dividendos a $0.00 por acción
  • Venta de 8,218 acciones a $59.29 por acción para retención fiscal relacionada con la consolidación de unidades restringidas de acciones
  • Tras estas transacciones, Gubbi posee directamente 164,223 acciones ordinarias de WDC
  • Mantiene 183.23 derechos equivalentes a dividendos después de las transacciones reportadas

Las transacciones se realizaron conforme a la Regla 16b-3(e) para el pago de obligaciones fiscales mediante retención de valores. El Formulario 4 fue presentado por Sandra Garcia como apoderada de Gubbi el 24 de junio de 2025, dentro del plazo requerido para reportar.

Western Digital Corp (WDC) 글로벌 운영 책임자 비디야다라 K. 구비가 2025년 6월 20일 여러 거래를 보고했습니다:

  • 배당금 상당 권리 전환을 통해 주당 $0.00에 보통주 28주 취득
  • 제한 주식 단위 취득과 관련된 세금 원천징수를 위해 주당 $59.29에 8,218주 처분
  • 이 거래 후 구비는 WDC 보통주 164,223주를 직접 보유
  • 보고된 거래 이후에도 183.23 배당금 상당 권리를 유지

이 거래들은 증권 원천징수를 통한 세금 납부를 위한 규칙 16b-3(e)에 따라 실행되었습니다. 2025년 6월 24일 산드라 가르시아가 구비의 법정대리인으로서 양식 4를 제출하여 요구된 보고 기한을 준수했습니다.

Vidyadhara K. Gubbi, Directeur des opérations mondiales chez Western Digital Corp (WDC), a déclaré plusieurs transactions effectuées le 20 juin 2025 :

  • Acquisition de 28 actions ordinaires par conversion de droits équivalents aux dividendes à 0,00 $ par action
  • Vente de 8 218 actions à 59,29 $ chacune pour le paiement de la retenue fiscale liée à l'acquisition d'unités d'actions restreintes
  • Après ces transactions, Gubbi détient directement 164 223 actions ordinaires de WDC
  • Conserve 183,23 droits équivalents aux dividendes suite aux transactions déclarées

Les transactions ont été effectuées conformément à la règle 16b-3(e) pour le paiement des obligations fiscales par retenue sur titres. Le formulaire 4 a été déposé par Sandra Garcia, mandataire de Gubbi, le 24 juin 2025, dans les délais requis de déclaration.

Vidyadhara K. Gubbi, Leiter der globalen Operationen bei Western Digital Corp (WDC), meldete am 20. Juni 2025 mehrere Transaktionen:

  • Erwerb von 28 Stammaktien durch Umwandlung von Dividendenäquivalenzrechten zu je 0,00 $
  • Veräußerung von 8.218 Aktien zu 59,29 $ pro Aktie zur Steuerabführung im Zusammenhang mit der Vesting von Restricted Stock Units
  • Nach diesen Transaktionen besitzt Gubbi direkt 164.223 Stammaktien von WDC
  • Behält nach den gemeldeten Transaktionen 183,23 Dividendenäquivalenzrechte

Die Transaktionen wurden gemäß Regel 16b-3(e) zur Steuerzahlung durch Wertpapierverrechnung durchgeführt. Das Formular 4 wurde von Sandra Garcia als Bevollmächtigte für Gubbi am 24. Juni 2025 innerhalb der vorgeschriebenen Meldefrist eingereicht.

Positive
  • Chief of Global Operations Vidyadhara K. Gubbi maintains significant skin in the game with 164,223 shares held directly after the reported transactions
  • The insider's stock disposition was primarily for tax obligations (8,218 shares) rather than discretionary selling, suggesting confidence in the company
Negative
  • Small reduction in insider ownership through tax-related share withholding at $59.29 per share
  • The transaction represents automatic vesting and tax withholding rather than active insider purchasing

Vidyadhara K. Gubbi, Responsabile delle Operazioni Globali di Western Digital Corp (WDC), ha segnalato diverse operazioni effettuate il 20 giugno 2025:

  • Acquisizione di 28 azioni ordinarie tramite conversione di diritti equivalenti a dividendi a $0,00 per azione
  • Vendita di 8.218 azioni a $59,29 ciascuna per il pagamento delle tasse relative alla maturazione di unità azionarie vincolate
  • Dopo queste operazioni, Gubbi detiene direttamente 164.223 azioni ordinarie di WDC
  • Conserva 183,23 diritti equivalenti a dividendi dopo le operazioni segnalate

Le transazioni sono state eseguite in conformità alla Regola 16b-3(e) per il pagamento delle imposte tramite ritenuta su titoli. Il Modulo 4 è stato presentato da Sandra Garcia in qualità di procuratore di Gubbi il 24 giugno 2025, rispettando i termini di segnalazione previsti.

Vidyadhara K. Gubbi, Jefe de Operaciones Globales de Western Digital Corp (WDC), reportó múltiples transacciones el 20 de junio de 2025:

  • Adquisición de 28 acciones ordinarias mediante conversión de derechos equivalentes a dividendos a $0.00 por acción
  • Venta de 8,218 acciones a $59.29 por acción para retención fiscal relacionada con la consolidación de unidades restringidas de acciones
  • Tras estas transacciones, Gubbi posee directamente 164,223 acciones ordinarias de WDC
  • Mantiene 183.23 derechos equivalentes a dividendos después de las transacciones reportadas

Las transacciones se realizaron conforme a la Regla 16b-3(e) para el pago de obligaciones fiscales mediante retención de valores. El Formulario 4 fue presentado por Sandra Garcia como apoderada de Gubbi el 24 de junio de 2025, dentro del plazo requerido para reportar.

Western Digital Corp (WDC) 글로벌 운영 책임자 비디야다라 K. 구비가 2025년 6월 20일 여러 거래를 보고했습니다:

  • 배당금 상당 권리 전환을 통해 주당 $0.00에 보통주 28주 취득
  • 제한 주식 단위 취득과 관련된 세금 원천징수를 위해 주당 $59.29에 8,218주 처분
  • 이 거래 후 구비는 WDC 보통주 164,223주를 직접 보유
  • 보고된 거래 이후에도 183.23 배당금 상당 권리를 유지

이 거래들은 증권 원천징수를 통한 세금 납부를 위한 규칙 16b-3(e)에 따라 실행되었습니다. 2025년 6월 24일 산드라 가르시아가 구비의 법정대리인으로서 양식 4를 제출하여 요구된 보고 기한을 준수했습니다.

Vidyadhara K. Gubbi, Directeur des opérations mondiales chez Western Digital Corp (WDC), a déclaré plusieurs transactions effectuées le 20 juin 2025 :

  • Acquisition de 28 actions ordinaires par conversion de droits équivalents aux dividendes à 0,00 $ par action
  • Vente de 8 218 actions à 59,29 $ chacune pour le paiement de la retenue fiscale liée à l'acquisition d'unités d'actions restreintes
  • Après ces transactions, Gubbi détient directement 164 223 actions ordinaires de WDC
  • Conserve 183,23 droits équivalents aux dividendes suite aux transactions déclarées

Les transactions ont été effectuées conformément à la règle 16b-3(e) pour le paiement des obligations fiscales par retenue sur titres. Le formulaire 4 a été déposé par Sandra Garcia, mandataire de Gubbi, le 24 juin 2025, dans les délais requis de déclaration.

Vidyadhara K. Gubbi, Leiter der globalen Operationen bei Western Digital Corp (WDC), meldete am 20. Juni 2025 mehrere Transaktionen:

  • Erwerb von 28 Stammaktien durch Umwandlung von Dividendenäquivalenzrechten zu je 0,00 $
  • Veräußerung von 8.218 Aktien zu 59,29 $ pro Aktie zur Steuerabführung im Zusammenhang mit der Vesting von Restricted Stock Units
  • Nach diesen Transaktionen besitzt Gubbi direkt 164.223 Stammaktien von WDC
  • Behält nach den gemeldeten Transaktionen 183,23 Dividendenäquivalenzrechte

Die Transaktionen wurden gemäß Regel 16b-3(e) zur Steuerzahlung durch Wertpapierverrechnung durchgeführt. Das Formular 4 wurde von Sandra Garcia als Bevollmächtigte für Gubbi am 24. Juni 2025 innerhalb der vorgeschriebenen Meldefrist eingereicht.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gubbi Vidyadhara K

(Last) (First) (Middle)
C/O WESTERN DIGITAL CORPORATION
5601 GREAT OAKS PARKWAY

(Street)
SAN JOSE CA 95119

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
WESTERN DIGITAL CORP [ WDC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief of Global Ops
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/20/2025 M 28(1) A $0.0 172,441 D
Common Stock 06/20/2025 F 8,218(2) D $59.29 164,223 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Dividend Equivalent Rights (1) 06/20/2025 M 28.2277 (1) (1) Common Stock 28.2277 $0.0 183.2268 D
Explanation of Responses:
1. 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.
2. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
By: /s/ Sandra Garcia Attorney-in-Fact For: Vidyadhara K. Gubbi 06/24/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider trading activity occurred at WDC on June 20, 2025?

WDC's Chief of Global Operations, Vidyadhara K. Gubbi, acquired 28 shares through dividend equivalent rights conversion and disposed of 8,218 shares at $59.29 per share for tax withholding purposes related to the vesting of restricted stock units.

How many WDC shares does Vidyadhara Gubbi own after the June 20, 2025 transactions?

After the reported transactions, Vidyadhara Gubbi directly owns 164,223 shares of Western Digital (WDC) common stock.

What was the purpose of WDC's share disposal in the Form 4 filing?

The disposal of 8,218 shares was for payment of tax obligations through withholding securities incident to the vesting of restricted stock units, conducted in accordance with Rule 16b-3(e).

What happened to WDC's dividend equivalent rights in the June 20, 2025 transaction?

The dividend equivalent rights were converted into WDC common stock on a one-for-one basis (28.2277 shares) in connection with restricted stock unit vesting, with a cash payment made to settle the fractional dividend equivalent right.

What is the current position of Vidyadhara K. Gubbi at Western Digital (WDC)?

Vidyadhara K. Gubbi serves as the Chief of Global Operations at Western Digital Corporation (WDC).
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