Western Digital insider updates holdings after vesting, tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Western Digital (WDC) insider filing: Chief Legal Officer & Corp Sec Cynthia Tregillis reported transactions on 10/20/2025. Dividend equivalent rights vested and converted into 8 shares of common stock at $0.00, with a fractional amount settled in cash. To cover taxes related to vesting, 1,307 shares were withheld at a price of $121.53 (Code F under Rule 16b-3(e)). Following these transactions, she reported 149,575 shares beneficially owned directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
8.759 shares exercised/converted
Mixed
3 txns
Insider
Tregillis Cynthia L
Role
Chief Legal Officer & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 8.759 | $0.00 | -- |
| Exercise | Common Stock | 8 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,307 | $121.53 | $159K |
Holdings After Transaction:
Dividend Equivalent Rights — 291.303 shares (Direct);
Common Stock — 150,882 shares (Direct)
Footnotes (1)
- The dividend equivalent rights were converted into, and paid in the form of, shares of the Issuer's common stock on a one-for-one basis in connection with the vesting of restricted stock units to which the dividend equivalent rights relate. A cash amount was also paid to the holder to settle a fractional dividend equivalent right. Payment of tax obligation by withholding securities incident to the vesting of securities in accordance with Rule 16b-3(e).
FAQ
What did WDC’s insider report on this Form 4?
Cynthia Tregillis reported the conversion of dividend equivalent rights into 8 common shares at $0.00 and a tax withholding of 1,307 shares at $121.53 on 10/20/2025.
What does the Form 4 transaction code F indicate here?
Code F indicates shares were withheld to satisfy tax obligations related to vesting, per Rule 16b-3(e).
Were any derivative securities mentioned in the filing?
Yes. The filing lists Dividend Equivalent Rights; 291.303 remain beneficially owned following the transactions.
What is the transaction date on the WDC Form 4?
The earliest transaction date reported is 10/20/2025.