Western Digital director granted dividend equivalents
Western Digital director Stephanie A. Streeter received a small grant of dividend equivalent rights tied to existing restricted stock units.
Rhea-AI Filing Summary
Western Digital director Stephanie A. Streeter received a small grant of dividend equivalent rights tied to existing restricted stock units. On this Form 4, she acquired 0.6503 dividend equivalent rights, each representing a contingent right to receive one share of Western Digital common stock or the cash value of a share. Following this grant, her reported balance of these dividend equivalent rights is 1.7824, and they will vest in step with the related restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 0.6503 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs) which vest proportionately with the RSUs to which they relate. Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Western Digital (WDC) report for Stephanie A. Streeter?
What are dividend equivalent rights in Western Digital's Form 4 for WDC?
How many dividend equivalent rights does Stephanie A. Streeter hold after this WDC transaction?
Is the Western Digital (WDC) Form 4 transaction a purchase or a grant?
How do the dividend equivalent rights in WDC's filing vest over time?
AI-generated analysis. How Rhea-AI works. Not financial advice.