STOCK TITAN

[Form 4] Western Digital Corp. Insider Trading Activity

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

Western Digital Corporation (WDC) filed a Form 4 indicating that director Roxanne M. Oulman acquired 6.8728 dividend-equivalent rights on 18 June 2025. These rights stem from previously granted restricted stock units (RSUs) and will vest proportionally with the underlying RSUs. Each dividend-equivalent right represents a contingent claim to one share of common stock—or its cash value—once vesting occurs. The filing shows no purchase or sale of common shares; the transaction price is recorded at $0.00, confirming it is a routine, non-cash adjustment tied to dividend accruals. After the transaction, Oulman beneficially owns 6.8728 derivative securities directly, and her status remains that of an independent director rather than an officer or 10% holder.

Western Digital Corporation (WDC) ha presentato un Modulo 4 che indica che la direttrice Roxanne M. Oulman ha acquisito 6,8728 diritti equivalenti a dividendi il 18 giugno 2025. Questi diritti derivano da unità azionarie vincolate (RSU) precedentemente assegnate e matureranno proporzionalmente alle RSU sottostanti. Ogni diritto equivalente a dividendo rappresenta un diritto condizionato a una azione ordinaria o al suo valore in contanti una volta avvenuta la maturazione. La comunicazione mostra nessun acquisto o vendita di azioni ordinarie; il prezzo della transazione è registrato a 0,00 $, confermando che si tratta di un aggiustamento di routine, non in contanti, legato all'accumulo dei dividendi. Dopo la transazione, Oulman detiene direttamente 6,8728 titoli derivati e il suo status rimane quello di direttrice indipendente, non di dirigente o azionista con oltre il 10%.

Western Digital Corporation (WDC) presentó un Formulario 4 indicando que la directora Roxanne M. Oulman adquirió 6,8728 derechos equivalentes a dividendos el 18 de junio de 2025. Estos derechos provienen de unidades restringidas de acciones (RSU) otorgadas previamente y se consolidarán proporcionalmente con las RSU subyacentes. Cada derecho equivalente a dividendo representa un reclamo contingente a una acción común o su valor en efectivo una vez que se produzca la consolidación. La presentación muestra ninguna compra o venta de acciones comunes; el precio de la transacción se registra en $0.00, confirmando que se trata de un ajuste rutinario y no monetario vinculado a la acumulación de dividendos. Tras la transacción, Oulman posee beneficiosamente 6,8728 valores derivados directamente y su condición sigue siendo la de directora independiente, no funcionaria ni titular del 10%.

Western Digital Corporation (WDC)는 이사 Roxanne M. Oulman이 2025년 6월 18일에 6.8728 배당금 등가 권리를 취득했다고 Form 4를 제출했습니다. 이 권리는 이전에 부여된 제한 주식 단위(RSU)에서 비롯되며 기초 RSU와 비례하여 베스팅됩니다. 각 배당금 등가 권리는 베스팅 시점에 보통주 1주 또는 그 현금 가치를 받을 수 있는 조건부 청구권을 나타냅니다. 제출 서류에는 보통주 매매 내역이 없으며 거래 가격은 $0.00로 기록되어, 이는 배당금 누적과 관련된 일상적인 비현금 조정임을 확인시켜 줍니다. 거래 후 Oulman은 직접적으로 6.8728개의 파생 증권을 보유하며, 그녀의 지위는 임원이나 10% 이상 주주가 아닌 독립 이사로 남아 있습니다.

Western Digital Corporation (WDC) a déposé un formulaire 4 indiquant que la directrice Roxanne M. Oulman a acquis 6,8728 droits équivalents aux dividendes le 18 juin 2025. Ces droits proviennent d'unités d'actions restreintes (RSU) précédemment attribuées et seront acquis proportionnellement aux RSU sous-jacentes. Chaque droit équivalent au dividende représente une créance conditionnelle sur une action ordinaire ou sa valeur en espèces une fois l'acquisition réalisée. Le dépôt montre aucun achat ni vente d'actions ordinaires ; le prix de la transaction est enregistré à 0,00 $, confirmant qu'il s'agit d'un ajustement de routine non monétaire lié à l'accumulation des dividendes. Après la transaction, Oulman possède directement 6,8728 titres dérivés et son statut reste celui de directrice indépendante, et non de dirigeante ou de détentrice de plus de 10 %.

Western Digital Corporation (WDC) reichte ein Formular 4 ein, das angibt, dass die Direktorin Roxanne M. Oulman am 18. Juni 2025 6,8728 dividendenäquivalente Rechte erworben hat. Diese Rechte stammen aus zuvor gewährten Restricted Stock Units (RSUs) und werden proportional zu den zugrunde liegenden RSUs vesten. Jedes dividendenäquivalente Recht stellt einen bedingten Anspruch auf eine Stammaktie oder deren Barwert dar, sobald die Vesting-Bedingungen erfüllt sind. Die Meldung zeigt keinen Kauf oder Verkauf von Stammaktien; der Transaktionspreis ist mit 0,00 $ angegeben, was bestätigt, dass es sich um eine routinemäßige, nicht zahlungswirksame Anpassung im Zusammenhang mit Dividendenerträgen handelt. Nach der Transaktion besitzt Oulman direkt 6,8728 derivative Wertpapiere und ihr Status bleibt der einer unabhängigen Direktorin, nicht eines leitenden Angestellten oder eines Anteilseigners mit über 10 %.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine dividend-equivalent accrual; immaterial size, neutral governance impact on WDC.

The Form 4 discloses only a minor bookkeeping entry: 6.8728 dividend-equivalent rights created to mirror dividends on previously issued RSUs. No cash changed hands and no new investment decision was made by the director. Such fractional adjustments are standard practice to keep RSU holders economically whole when dividends are paid. From a valuation or liquidity standpoint, the event is non-material; it neither signals insider optimism nor raises governance concerns. Consequently, the filing is best viewed as regulatory housekeeping with neutral impact on the stock.

Western Digital Corporation (WDC) ha presentato un Modulo 4 che indica che la direttrice Roxanne M. Oulman ha acquisito 6,8728 diritti equivalenti a dividendi il 18 giugno 2025. Questi diritti derivano da unità azionarie vincolate (RSU) precedentemente assegnate e matureranno proporzionalmente alle RSU sottostanti. Ogni diritto equivalente a dividendo rappresenta un diritto condizionato a una azione ordinaria o al suo valore in contanti una volta avvenuta la maturazione. La comunicazione mostra nessun acquisto o vendita di azioni ordinarie; il prezzo della transazione è registrato a 0,00 $, confermando che si tratta di un aggiustamento di routine, non in contanti, legato all'accumulo dei dividendi. Dopo la transazione, Oulman detiene direttamente 6,8728 titoli derivati e il suo status rimane quello di direttrice indipendente, non di dirigente o azionista con oltre il 10%.

Western Digital Corporation (WDC) presentó un Formulario 4 indicando que la directora Roxanne M. Oulman adquirió 6,8728 derechos equivalentes a dividendos el 18 de junio de 2025. Estos derechos provienen de unidades restringidas de acciones (RSU) otorgadas previamente y se consolidarán proporcionalmente con las RSU subyacentes. Cada derecho equivalente a dividendo representa un reclamo contingente a una acción común o su valor en efectivo una vez que se produzca la consolidación. La presentación muestra ninguna compra o venta de acciones comunes; el precio de la transacción se registra en $0.00, confirmando que se trata de un ajuste rutinario y no monetario vinculado a la acumulación de dividendos. Tras la transacción, Oulman posee beneficiosamente 6,8728 valores derivados directamente y su condición sigue siendo la de directora independiente, no funcionaria ni titular del 10%.

Western Digital Corporation (WDC)는 이사 Roxanne M. Oulman이 2025년 6월 18일에 6.8728 배당금 등가 권리를 취득했다고 Form 4를 제출했습니다. 이 권리는 이전에 부여된 제한 주식 단위(RSU)에서 비롯되며 기초 RSU와 비례하여 베스팅됩니다. 각 배당금 등가 권리는 베스팅 시점에 보통주 1주 또는 그 현금 가치를 받을 수 있는 조건부 청구권을 나타냅니다. 제출 서류에는 보통주 매매 내역이 없으며 거래 가격은 $0.00로 기록되어, 이는 배당금 누적과 관련된 일상적인 비현금 조정임을 확인시켜 줍니다. 거래 후 Oulman은 직접적으로 6.8728개의 파생 증권을 보유하며, 그녀의 지위는 임원이나 10% 이상 주주가 아닌 독립 이사로 남아 있습니다.

Western Digital Corporation (WDC) a déposé un formulaire 4 indiquant que la directrice Roxanne M. Oulman a acquis 6,8728 droits équivalents aux dividendes le 18 juin 2025. Ces droits proviennent d'unités d'actions restreintes (RSU) précédemment attribuées et seront acquis proportionnellement aux RSU sous-jacentes. Chaque droit équivalent au dividende représente une créance conditionnelle sur une action ordinaire ou sa valeur en espèces une fois l'acquisition réalisée. Le dépôt montre aucun achat ni vente d'actions ordinaires ; le prix de la transaction est enregistré à 0,00 $, confirmant qu'il s'agit d'un ajustement de routine non monétaire lié à l'accumulation des dividendes. Après la transaction, Oulman possède directement 6,8728 titres dérivés et son statut reste celui de directrice indépendante, et non de dirigeante ou de détentrice de plus de 10 %.

Western Digital Corporation (WDC) reichte ein Formular 4 ein, das angibt, dass die Direktorin Roxanne M. Oulman am 18. Juni 2025 6,8728 dividendenäquivalente Rechte erworben hat. Diese Rechte stammen aus zuvor gewährten Restricted Stock Units (RSUs) und werden proportional zu den zugrunde liegenden RSUs vesten. Jedes dividendenäquivalente Recht stellt einen bedingten Anspruch auf eine Stammaktie oder deren Barwert dar, sobald die Vesting-Bedingungen erfüllt sind. Die Meldung zeigt keinen Kauf oder Verkauf von Stammaktien; der Transaktionspreis ist mit 0,00 $ angegeben, was bestätigt, dass es sich um eine routinemäßige, nicht zahlungswirksame Anpassung im Zusammenhang mit Dividendenerträgen handelt. Nach der Transaktion besitzt Oulman direkt 6,8728 derivative Wertpapiere und ihr Status bleibt der einer unabhängigen Direktorin, nicht eines leitenden Angestellten oder eines Anteilseigners mit über 10 %.

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*
Oulman Roxanne

(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)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2025
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
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) 06/18/2025 A 6.8728 (1) (1) Common Stock 6.8728 $0.0 6.8728 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: Roxanne M. Oulman 06/23/2025
** 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 transaction did Roxanne Oulman report for WDC?

She acquired 6.8728 dividend-equivalent rights linked to previously granted RSUs.

What is the transaction date on the Form 4 filed by WDC?

The transaction date is June 18, 2025.

How many derivative securities does Oulman own after the reported transaction?

She beneficially owns 6.8728 derivative securities following the transaction.

Did the Form 4 show any purchase or sale of Western Digital common stock?

No; the filing lists no common stock transactions and a price of $0.00.

What do the dividend-equivalent rights entitle the holder to receive?

Each right converts into one share of WDC common stock or its cash value when the underlying RSUs vest.
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