[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.
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.
How many Western Digital (WDC) shares does the reporting person own after the transactions?
After the reported transactions on 11/25/2025, the reporting person beneficially owns 149,181 shares of Western Digital common stock in direct ownership form.
What was the purpose of the share withholding in the Western Digital (WDC) Form 4?
The filing states that 1,142 shares were disposed of through withholding to pay tax obligations arising from the vesting of equity awards, in accordance with Rule 16b-3(e).
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.