WDC insider Cynthia Tregillis updates holdings after RSU vesting
Rhea-AI Filing Summary
Western Digital Corp (WDC) reported insider equity activity by its Chief Legal Officer and Corporate Secretary, Cynthia Tregillis, in a Form 4. On 11/20/2025 and 11/21/2025, dividend equivalent rights tied to restricted stock units were converted on a one-for-one basis into shares of Western Digital common stock at an exercise price of $0.0, increasing her direct holdings.
On the same dates, shares of common stock were withheld to cover tax obligations related to the vesting of these equity awards, at prices of $140.23 for 379 shares and $139.19 for 1,108 shares. After these transactions, Tregillis directly held 148,097 shares of Western Digital common stock and 281.3317 dividend equivalent rights.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 7.427 | $0.00 | -- |
| Exercise | Common Stock | 7 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,108 | $139.19 | $154K |
| Exercise | Dividend Equivalent Rights | 2.544 | $0.00 | -- |
| Exercise | Common Stock | 2 | $0.00 | -- |
| Tax Withholding | Common Stock | 379 | $140.23 | $53K |
Footnotes (1)
- The dividend equivalent rights were converted into, and paid in the form of, shares of the Issuer's common stock on a one-for-one basis in connection with the vesting of restricted stock units to which the dividend equivalent rights relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent right. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
FAQ
What insider transaction did WDC report for Cynthia Tregillis?
Western Digital reported that Cynthia Tregillis, its Chief Legal Officer and Corporate Secretary, had dividend equivalent rights convert into common stock and had shares withheld to satisfy tax obligations related to equity vesting.
What are dividend equivalent rights in this WDC Form 4?
The filing states 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 related restricted stock units vested.
Did Cynthia Tregillis retain any derivative rights after the reported WDC transactions?
Yes. Following the transactions, she held 281.3317 dividend equivalent rights, each tied to Western Digital common stock.
What role does Cynthia Tregillis hold at Western Digital (WDC)?
Cynthia Tregillis is identified as an Officer of Western Digital, serving as Chief Legal Officer & Corporate Secretary.