Western Digital (WDC) director completes 192-share Rule 10b5-1 stock sale
Rhea-AI Filing Summary
Western Digital Corp director Cole Martin I reported selling 192 shares of common stock on July 28, 2026, in two transactions at weighted average prices of $462.3013 for 160 shares and $465.1231 for 32 shares. The sales were effected under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2026, and this report is a continuation of another Form 4 filed for the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 192 shares
Net Sell
2 txns
Insider
Cole Martin I
Role
Director
Sold
192 shs ($89K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2, F3 | 160 | $462.3013 | $74K |
| Sale | Common Stock F2, F4 | 32 | $465.1231 | $15K |
Holdings After Transaction:
Common Stock — 21,433 shares (Direct)
Footnotes (4)
- F1. Due to SEC rules limiting the number of transactions that can be reported on a single Form 4, this Form 4 is a continuation of the Form 4 filed for the same date listed above.
- F2. 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.
- F3. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $462.03 to a high of $462.50. 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.
- F4. Represents the weighted average sale price per share. These shares were sold in multiple transactions at prices ranging from a low of $465.04 to a high of $465.21. 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.
Key Figures
Total shares sold: 192 shares
First transaction shares: 160 shares
First transaction weighted average price: $462.3013
+5 more
8 metrics
Total shares sold
192 shares
Aggregate common shares sold by Cole Martin I on July 28, 2026 across two transactions
First transaction shares
160 shares
Portion of the 192 shares sold in the first reported transaction on July 28, 2026
First transaction weighted average price
$462.3013
Weighted average sale price per share for the 160-share transaction
First transaction price range
$462.03 to $462.50
Range of individual trade prices in the 160-share sale, from low to high
Second transaction shares
32 shares
Portion of the 192 shares sold in the second reported transaction on July 28, 2026
Second transaction weighted average price
$465.1231
Weighted average sale price per share for the 32-share transaction
Second transaction price range
$465.04 to $465.21
Range of individual trade prices in the 32-share sale, from low to high
Rule 10b5-1 plan adoption date
March 5, 2026
Date on which Cole Martin I adopted the Rule 10b5-1 trading plan referenced in the sale footnote
Key Terms
Rule 10b5-1 trading plan, weighted average sale price per share, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"this Form 4 is a continuation of the Form 4 filed for the same date"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Western Digital (WDC) disclose in this Form 4?
Western Digital director Cole Martin I disclosed selling 192 shares of common stock on July 28, 2026. The sales were reported as two separate non-derivative transactions under a pre-arranged Rule 10b5-1 trading plan.
Was the WDC insider sale by Cole Martin I made under a Rule 10b5-1 trading plan?
Yes. A footnote states the sales were effected under a Rule 10b5-1 trading plan adopted by Cole Martin I on March 5, 2026. Such plans pre-arrange trade parameters, reducing the significance of trade timing as an information signal.
What does it mean that this Western Digital (WDC) Form 4 is a continuation filing?
A footnote explains that, due to SEC rules limiting the number of transactions per Form 4, this report is a continuation of another Form 4 filed for the same date. Together, the forms cover all trades executed that day.