Western Digital exec awarded dividend equivalent rights
Gubbi Vidyadhara K reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Gubbi Vidyadhara K reported acquisition or exercise transactions in this Form 4 filing.
Western Digital Corp's Chief of Global Operations, Gubbi Vidyadhara K, received a grant of 34.6578 Dividend Equivalent Rights on Common Stock. These rights accrued on previously awarded restricted stock units and will vest proportionately with those units. Following this grant, the reported balance of Dividend Equivalent Rights is 289.6836, each representing a contingent right to receive one share of common stock or its cash value.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 34.6578 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Western Digital (WDC) report for Gubbi Vidyadhara K?
What are Dividend Equivalent Rights in the Western Digital (WDC) Form 4 filing?
How many Dividend Equivalent Rights does the Western Digital (WDC) executive hold after this transaction?
Does the Western Digital (WDC) Form 4 show an open-market buy or sell of common stock?
How do the Dividend Equivalent Rights for Western Digital (WDC) vest for this executive?
AI-generated analysis. How Rhea-AI works. Not financial advice.