[Form 4] WESTERN DIGITAL CORP Insider Trading Activity
Rhea-AI Filing Summary
Western Digital Corporation’s Chief Sales & Marketing Officer filed a Form 4 reporting routine equity-based compensation activity. On 11/20/2025 and 11/21/2025, dividend equivalent rights tied to restricted stock units were converted into shares of Western Digital common stock on a one-for-one basis at an exercise price of $0.0, consistent with stock-based awards.
On each date, a portion of shares was withheld to cover tax obligations, including 715 shares at a price of $140.23 and 592 shares at $139.19. Following these transactions, the reporting person directly beneficially owned 133,714 shares of Western Digital common stock. The activity reflects standard settlement and tax withholding mechanics for vested equity awards.
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FAQ
What does the Western Digital (WDC) Form 4 filing report?
The Form 4 reports that a Western Digital officer, the Chief Sales & Marketing Officer, had dividend equivalent rights tied to restricted stock units convert into common stock, and that some of those shares were withheld to cover tax obligations.
What transactions occurred in Western Digital (WDC) stock on 11/20/2025 and 11/21/2025?
On 11/20/2025 and 11/21/2025, dividend equivalent rights were converted into shares of Western Digital common stock at an exercise price of $0.0, and shares were also withheld to satisfy tax obligations related to vesting equity awards.
How many Western Digital (WDC) shares were withheld for taxes in this Form 4?
The filing shows tax withholding of 715 shares at a price of $140.23 on 11/20/2025 and 592 shares at $139.19 on 11/21/2025, in connection with the vesting of securities.
How many Western Digital (WDC) shares does the reporting person own after these transactions?
After the reported transactions, the officer beneficially owned 133,714 shares of Western Digital common stock directly, as shown in the final line of Table I.
What are dividend equivalent rights in this Western Digital (WDC) filing?
The filing explains that dividend equivalent rights were converted into, and paid in the form of, shares of Western Digital common stock on a one-for-one basis when the related restricted stock units vested. A cash amount was used to settle a fractional dividend equivalent right.
Why were Western Digital (WDC) shares coded as an 'F' transaction on the Form 4?
Transactions coded "F" represent payment of a tax obligation by withholding securities incident to the vesting of securities, which the filing notes is done in accordance with Rule 16b-3(e).