Western Digital grants 5,171 RSUs to executive
Rhea-AI Filing Summary
WESTERN DIGITAL CORP (WDC) reported insider equity transactions by Chief of Global Operations Gubbi Vidyadhara K. On August 25 and 26, 2026, dividend equivalent rights were exercised and converted on a one-for-one basis into small amounts of common stock in connection with vesting restricted stock units, with a fractional right settled in cash.
The reporting person also received a grant of 5,171 restricted stock units, each representing a contingent right to one share of common stock. To satisfy related tax obligations upon vesting, the issuer withheld 1,143 shares at $450.75 per share and 2,056 shares at $468.88 per share under Rule 16b-3(e). Overall, the filing reflects compensation-related equity vesting, a new RSU grant, and tax-withholding share dispositions.
Positive
- None.
Negative
- None.
Insider Trade Summary
18.6172 shares exercised/converted
Exercise
7 txns
Insider
Gubbi Vidyadhara K
Role
Chief of Global Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights F1 | 9.4687 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 9 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 2,056 | $468.88 | $964K |
| Exercise | Dividend Equivalent Rights F1 | 9.1485 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 9 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,143 | $450.75 | $515K |
| Grant/Award | Common Stock F3 | 5,171 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 208.241 contracts (Direct);
Common Stock — 84,116 shares (Direct)
Footnotes (3)
- F1. 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.
- F2. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
- F3. Represents the grant of restricted stock units to the Reporting Person. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
RSU grant: 5,171 restricted stock units
Shares withheld for taxes (Aug 25, 2026): 1,143 shares at $450.75 per share
Shares withheld for taxes (Aug 26, 2026): 2,056 shares at $468.88 per share
+2 more
5 metrics
RSU grant
5,171 restricted stock units
Grant of restricted stock units to the reporting person, each RSU equals one share of common stock
Shares withheld for taxes (Aug 25, 2026)
1,143 shares at $450.75 per share
Payment of tax obligation by withholding securities incident to vesting
Shares withheld for taxes (Aug 26, 2026)
2,056 shares at $468.88 per share
Payment of tax obligation by withholding securities incident to vesting
Dividend equivalent rights exercised (Aug 25, 2026)
9.1485 rights into 9.1485 shares
Conversion of dividend equivalent rights into common stock on a one-for-one basis
Dividend equivalent rights exercised (Aug 26, 2026)
9.4687 rights into 9.4687 shares
Conversion of dividend equivalent rights into common stock on a one-for-one basis
Key Terms
Dividend Equivalent Rights, restricted stock units, Rule 16b-3(e), contingent right
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights were converted into, and paid in the form of, shares"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
restricted stock units financial
"in connection with the vesting of restricted stock units to which the dividend"
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.
Rule 16b-3(e) regulatory
"Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e)."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
FAQ
What insider transactions did WDC officer Gubbi Vidyadhara K report on this Form 4?
The filing reports exercises of dividend equivalent rights into common stock, a grant of 5,171 restricted stock units, and share dispositions where 1,143 and 2,056 shares of Western Digital common stock were withheld to pay tax obligations related to vesting equity awards.
How many restricted stock units were granted to the WDC officer in this Form 4?
The reporting person received a grant of 5,171 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Western Digital common stock, subject to the applicable vesting conditions described in the award.
How were dividend equivalent rights treated in this WDC Form 4 filing?
Dividend equivalent rights were converted into and paid in the form of common stock on a one-for-one basis in connection with the vesting of related restricted stock units. A cash amount was also paid to settle a fractional dividend equivalent right.
Were the WDC insider transactions part of a Rule 10b5-1 trading plan?
The document-level Rule 10b5-1 checkbox is not affirmed (marked false). Footnotes describe tax-withholding and equity award mechanics but do not state that the transactions were executed under a Rule 10b5-1 trading plan.
Do the WDC Form 4 transactions indicate open-market buying or selling by the officer?
No open-market purchases or sales are reported. The transactions reflect equity award vesting, dividend equivalent right conversions, a restricted stock unit grant, and shares withheld to pay tax obligations, rather than discretionary market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
