[Form 4] Western Digital Corp. Insider Trading Activity
Rhea-AI Filing Summary
Western Digital Corp. director and Chief Executive Officer Irving Tan reported several equity transactions. On 08/19/2025 Mr. Tan sold 8,621 shares of common stock at $75.90 per share under a Rule 10b5-1 trading plan adopted May 12, 2025, leaving him with 594,836 shares beneficially owned. On 08/20/2025 he received 101 shares as dividend equivalent conversions related to vested restricted stock units and a cash payment for a fractional share, increasing reported ownership to 594,937 shares. Also on 08/20/2025 1,205 shares were disposed of to satisfy tax withholding upon vesting at a reported price of $75.64, leaving 593,732 shares beneficially owned. The Form 4 was signed by an attorney-in-fact on 08/21/2025.
Positive
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Negative
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Insights
TL;DR Insider sold shares under a 10b5-1 plan and had RSU-related share conversions and tax-withholdings; changes are routine for executive compensation.
The transactions reported are a planned sale under a Rule 10b5-1 trading plan and administrative equity movements tied to restricted stock unit vesting. The sale of 8,621 shares at $75.90 is explicitly stated as effected pursuant to the 10b5-1 plan adopted May 12, 2025. Subsequent entries show dividend equivalent rights converted into 101 shares and 1,205 shares withheld to satisfy tax obligations, with the reported beneficial ownership moving from 594,836 to 593,732 shares across the transactions. These entries reflect ordinary compensation settlement mechanics rather than an unplanned disposition.
TL;DR Disclosures align with standard Section 16 reporting: plan-based sale plus RSU settlement and tax withholding, properly documented.
The Form 4 identifies the sale as pursuant to a written 10b5-1 plan and discloses conversion of dividend equivalent rights into shares plus withholding for taxes. The form includes the reporting persons roles as Director and CEO and contains the required signature by an attorney-in-fact. No additional governance or compliance issues are stated in the filing.