Western Digital director gets dividend share equivalents
Western Digital Corp director Roxanne Oulman reported a small compensation-related award.
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Form Type
4
Rhea-AI Filing Summary
Western Digital Corp director Roxanne Oulman reported a small compensation-related award. She acquired 0.3342 dividend equivalent rights tied to previously granted restricted stock units. These rights vest in step with the underlying RSUs and each represents a contingent right to receive one share of common stock or its cash value. Following this award, she holds a total of 2.1166 dividend equivalent rights.
Insider Trade Summary
Grant/Award: 0.3342 shares
Grant/Award
1 txn
Insider
Oulman Roxanne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 0.3342 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Rights — 2.1166 contracts (Direct)
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.
Key Figures
Dividend equivalent rights granted: 0.3342 rights
Total dividend equivalent rights after grant: 2.1166 rights
Transaction price per right: $0.0000
+1 more
4 metrics
Dividend equivalent rights granted
0.3342 rights
Grant on June 17, 2026
Total dividend equivalent rights after grant
2.1166 rights
Holdings following transaction
Transaction price per right
$0.0000
Grant/award acquisition, no cash paid
Underlying common stock per right
1 share per right
Each right equals one share or cash value
Key Terms
Dividend Equivalent Rights, restricted stock units (RSUs), contingent right, common stock
4 terms
Dividend Equivalent Rights financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)..."
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 (RSUs) financial
"The dividend equivalent rights accrued on previously awarded restricted stock units (RSUs)..."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
contingent right financial
"Each dividend equivalent right represents a contingent right to receive one share..."
common stock financial
"Each dividend equivalent right represents a contingent right to receive one share of the Issuer's common stock..."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Western Digital (WDC) director Roxanne Oulman report?
Roxanne Oulman reported receiving 0.3342 dividend equivalent rights as a compensation-related award. These are derivative awards tied to previously granted restricted stock units and increase her total dividend equivalent rights position to 2.1166 after the transaction.
What are dividend equivalent rights in the Western Digital (WDC) Form 4 filing?
Dividend equivalent rights are awards that mirror dividends on underlying restricted stock units. Each right represents a contingent right to receive one share of Western Digital common stock, or its cash value, and generally vests proportionately with the related RSUs over time.
How many dividend equivalent rights does Roxanne Oulman hold after this WDC transaction?
After the reported award, Roxanne Oulman holds a total of 2.1166 dividend equivalent rights. This reflects the addition of 0.3342 new rights granted on June 17, 2026, on top of her previously accrued position in these derivative awards.
Does the Western Digital (WDC) Form 4 show an open-market buy or sell by Roxanne Oulman?
No open-market buy or sell is reported; the filing shows a grant coded as an acquisition. The transaction involves 0.3342 dividend equivalent rights awarded as part of her compensation, rather than shares purchased or sold in the market.
How do the dividend equivalent rights in this WDC filing relate to restricted stock units?
The dividend equivalent rights accrue on previously awarded restricted stock units and vest proportionately with those RSUs. As each related RSU vests, the associated dividend equivalent right can settle into one share of Western Digital common stock or an equivalent cash amount.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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