Western Digital (WDC) director sells 3,280 shares under Rule 10b5-1 trading plan
Rhea-AI Filing Summary
Western Digital director Cole Martin I reported open-market sales of 3,280 shares of common stock on June 9, 2026. All 30 transactions were sales executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2026.
The trades were completed at various prices, with footnotes indicating sale prices ranging from a low of $483.99 to a high of $527.60 per share. Following the individual trades, the filing shows Martin’s reported holdings in Western Digital stock remaining in the tens of thousands of shares, so he continues to retain a sizable stake.
Positive
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Negative
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Insights
Director Cole Martin I sold 3,280 Western Digital shares in pre-planned trades, while retaining a sizable remaining stake.
The Form 4 shows 30 open-market sale transactions in Western Digital common stock by director Cole Martin I on June 9, 2026, totaling 3,280 shares. All transactions use code S, indicating straightforward sales rather than option exercises, gifts, or tax-related movements.
A key detail is the footnote stating these sales were effected under a Rule 10b5-1 trading plan adopted on March 5, 2026. Such plans are pre-arranged and generally reduce the informational value of trade timing, as execution is automated once conditions are met, rather than being discretionary.
The reported holdings after individual trades remain in the tens of thousands of shares, so the disposed 3,280 shares represent only a portion of Martin’s position. From an investment thesis perspective, these planned sales look like routine portfolio management by a director who still maintains a meaningful ownership stake.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 48 | $484.2833 | $23K |
| Sale | Common Stock | 16 | $485.54 | $8K |
| Sale | Common Stock | 48 | $486.8667 | $23K |
| Sale | Common Stock | 16 | $488.06 | $8K |
| Sale | Common Stock | 38 | $491.0595 | $19K |
| Sale | Common Stock | 30 | $492.3783 | $15K |
| Sale | Common Stock | 44 | $493.6418 | $22K |
| Sale | Common Stock | 32 | $494.625 | $16K |
| Sale | Common Stock | 48 | $497.4667 | $24K |
| Sale | Common Stock | 48 | $498.9467 | $24K |
| Sale | Common Stock | 16 | $499.69 | $8K |
| Sale | Common Stock | 64 | $501.7225 | $32K |
| Sale | Common Stock | 128 | $502.8702 | $64K |
| Sale | Common Stock | 80 | $503.802 | $40K |
| Sale | Common Stock | 96 | $505.5117 | $49K |
| Sale | Common Stock | 96 | $507.9383 | $49K |
| Sale | Common Stock | 32 | $509.1606 | $16K |
| Sale | Common Stock | 326 | $510.6106 | $166K |
| Sale | Common Stock | 310 | $511.6651 | $159K |
| Sale | Common Stock | 316 | $513.1445 | $162K |
| Sale | Common Stock | 296 | $514.0944 | $152K |
| Sale | Common Stock | 392 | $515.399 | $202K |
| Sale | Common Stock | 112 | $516.7171 | $58K |
| Sale | Common Stock | 216 | $517.5896 | $112K |
| Sale | Common Stock | 48 | $519.2533 | $25K |
| Sale | Common Stock | 160 | $521.139 | $83K |
| Sale | Common Stock | 32 | $523.23 | $17K |
| Sale | Common Stock | 48 | $524.72 | $25K |
| Sale | Common Stock | 16 | $525.56 | $8K |
| Sale | Common Stock | 128 | $527.2238 | $67K |
Footnotes (1)
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 5, 2026. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $483.99 to a high of $484.57. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $486.54 to a high of $487.31. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $490.99 to a high of $491.43. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $491.99 to a high of $492.88. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $493.02 to a high of $493.99. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $494.18 to a high of $495.07. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $497.11 to a high of $497.69. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $498.49 to a high of $499.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $501.34 to a high of $502.26. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $502.49 to a high of $503.39. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $503.52 to a high of $504.05. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $504.99 to a high of $505.95. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $507.51 to a high of $508.25. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $508.67 to a high of $509.38. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $510.20 to a high of $511.11. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $511.22 to a high of $512.18. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $512.66 to a high of $513.65. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $513.81 to a high of $514.62. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $514.95 to a high of $515.86. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $515.99 to a high of $516.91. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $517.17 to a high of $518.16. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $518.90 to a high of $519.79. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $520.76 to a high of $521.59. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $522.98 to a high of $523.48. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $524.19 to a high of $525.01. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $526.82 to a high of $527.60. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price.