Western Digital CFO granted dividend equivalents

Sennesael Kris reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Sennesael Kris reported acquisition or exercise transactions in this Form 4 filing.

Western Digital’s Chief Financial Officer Kris Sennesael received a small compensation-related award linked to existing stock units. He was granted 69.481 dividend equivalent rights on Dividend Equivalent Rights, each tied to previously awarded restricted stock units. Following this award, his holdings of these dividend equivalent rights total 578.0896.

According to the disclosure, each dividend equivalent right will vest in step with the related restricted stock units and represents a contingent right to receive one share of Western Digital common stock or its cash value. This is a routine, non‑market transaction and does not involve any open‑market buying or selling of shares.

Insider Trade Summary

Grant/Award: 69.481 shares

Grant/Award 1 txn

Insider Sennesael Kris

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Dividend Equivalent Rights	69.481	$0.00	$0.00

Holdings After Transaction: Dividend Equivalent Rights — 578.0896 contracts (Direct)

Footnotes (1)

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

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What did Western Digital (WDC) CFO Kris Sennesael report in this Form 4?

Kris Sennesael reported receiving 69.481 dividend equivalent rights linked to existing restricted stock units. These rights are a routine form of equity-linked compensation and do not reflect an open-market stock purchase or sale.

How many dividend equivalent rights does the Western Digital (WDC) CFO now hold?

After this award, Western Digital CFO Kris Sennesael holds 578.0896 dividend equivalent rights. These rights track dividends on underlying restricted stock units and may settle in Western Digital common stock or its cash value when the units vest.

Are the Western Digital (WDC) dividend equivalent rights a stock purchase or sale by the CFO?

No, the reported dividend equivalent rights are not an open-market stock purchase or sale. They are compensation-related rights that accrue on previously granted restricted stock units and vest proportionately with those units over time.

What does each Western Digital (WDC) dividend equivalent right represent for the CFO?

Each dividend equivalent right represents a contingent right to receive one share of Western Digital common stock or the cash value of that share. The rights vest in proportion to the related restricted stock units previously granted to the CFO.

Why did Western Digital (WDC) grant dividend equivalent rights on restricted stock units?

Dividend equivalent rights are granted to mirror dividends paid on common stock for holders of restricted stock units. They help align executive compensation with shareholder returns by providing stock- or cash-based value as the underlying units vest over time.

Does this Western Digital (WDC) Form 4 suggest a change in the CFO’s confidence in the stock?

This filing does not indicate a change in the CFO’s view of Western Digital’s stock. It records a routine award of dividend equivalent rights tied to prior grants, not a discretionary open-market purchase or sale decision.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/19/2026 - 06:44 PM Learn about SEC filing dates

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
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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^*

Sennesael Kris

(Last) (First) (Middle)

C/O WESTERN DIGITAL CORPORATION

5601 GREAT OAKS PARKWAY

(Street)

SAN JOSE CALIFORNIA 95119

(City) (State) (Zip)

UNITED STATES

(Country)

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 Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

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)	03/18/2026		A		69.481		(1)	(1)	Common Stock	69.481	$0.0	578.0896	D

Explanation of Responses:

1. 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.

	By: /s/ Sandra Garcia Attorney-in-Fact For: Kris Sennesael	03/19/2026
	** 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.
* Form 4: SEC 1474 (03-26)