Western Digital (WDC) director granted 772 restricted stock units as equity pay
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WESTERN DIGITAL CORP director Manuvir Das reported receiving an equity grant of 772 shares of common stock in the form of restricted stock units. The units were granted at no cash cost and, once vested, each unit will convert into one share, giving him ownership of 772 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Das Manuvir
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 772 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 772 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 772 shares
Grant price: $0.0000 per share
Shares after transaction: 772 shares
3 metrics
RSU grant
772 shares
Restricted stock units granted to director on May 26, 2026
Grant price
$0.0000 per share
Reported transaction price per share for RSU award
Shares after transaction
772 shares
Total common stock holdings reported following the grant
Key Terms
restricted stock units, contingent right, Form 4
3 terms
restricted stock units financial
"Represents the grant of restricted stock units to the Reporting Person."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share..."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did WESTERN DIGITAL (WDC) director Manuvir Das report?
Director Manuvir Das reported an equity award of 772 restricted stock units. These are compensation-related grants, not open-market purchases, and will convert into common shares upon vesting, increasing his direct ownership in Western Digital when settlement occurs.
Is the WESTERN DIGITAL (WDC) insider transaction a market buy or sell?
This transaction is neither a market buy nor a sell. It is coded as an "A" transaction, indicating a grant or award. The 772 restricted stock units are part of compensation, not an open-market trade, and will convert into shares when vesting conditions are met.
How does this Form 4 affect Manuvir Das’s ownership in WESTERN DIGITAL (WDC)?
Following the award, Das is reported to hold 772 shares tied to restricted stock units. This reflects an increase in his direct equity exposure through compensation, with actual share ownership materializing as the units vest and settle into common stock over time.