[Form 4] WESTERN DIGITAL CORP Insider Trading Activity
Rhea-AI Filing Summary
Western Digital Corp (WDC) reported an insider equity transaction by its Chief of Global Operations, Vidyadhara K. Gubbi, on 11/25/2025. A small number of dividend equivalent rights converted into shares of common stock at an exercise price of $0.0, contributing to a beneficial ownership position of 150,323 shares immediately after that transaction. On the same date, 1,142 shares of common stock were withheld and disposed of at $155.41 per share to cover tax obligations related to vesting, leaving the officer with 149,181 shares held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Rights | 6.074 | $0.00 | -- |
| Exercise | Common Stock | 6 | $0.00 | -- |
| Tax Withholding | Common Stock | 1,142 | $155.41 | $177K |
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 insider activity did Western Digital (WDC) report in this Form 4?
The filing reports that Chief of Global Operations Vidyadhara K. Gubbi had dividend equivalent rights convert into shares of Western Digital common stock and also had shares withheld to cover taxes related to vesting on 11/25/2025.
What are dividend equivalent rights mentioned in the Western Digital (WDC) filing?
The explanation notes that dividend equivalent rights were converted into and paid as shares of Western Digital common stock on a one-for-one basis when the related restricted stock units vested, with cash paid only for a fractional right.
What transaction codes appear in this Western Digital (WDC) Form 4 and what do they mean?
The Form 4 lists transaction code M for the conversion of dividend equivalent rights into common stock at an exercise price of $0.0, and code F for share withholding to satisfy tax obligations on vesting.
Is the Western Digital (WDC) Form 4 filed by one person or a group?
The document indicates that it is a Form filed by one reporting person, covering the transactions of the company’s Chief of Global Operations.