Western Digital filings document material events for an operating storage company whose common stock trades on the Nasdaq Global Select Market under WDC. Recent 8-K disclosures record quarterly operating and financial results, dividend and capital-structure matters, shareholder voting and governance items, and material agreements.
The filing record also describes security-structure changes, including the mandatory conversion of Series A Convertible Perpetual Preferred Stock into common stock, the Certificate of Elimination for that preferred series, and redemptions or discharge of senior-note obligations. These documents frame WD's public-company reporting around results, debt and equity instruments, governance, and corporate actions following the completed Flash business separation.
Western Digital Corporation (WDC) director equity update. Director Roxanne M. Oulman reported equity transactions in Western Digital common stock and related awards. On 11/19/2025, 10 shares of common stock were acquired at a price of $0.0 through the conversion of dividend equivalent rights, bringing her directly held beneficial ownership to 4,078 shares.
On 11/20/2025, she received a grant of 1,585 restricted stock units, each representing a contingent right to one share of Western Digital common stock. After this grant, her directly held beneficial ownership increased to 5,663 shares. A small fractional dividend equivalent right was settled in cash, while the rest were paid in shares on a one-for-one basis when related restricted stock units vested.
Western Digital Corporation director reports new equity awards. A Western Digital (WDC) director filed a Form 4 disclosing equity-related transactions on 11/19/2025 and 11/20/2025. On 11/19/2025, dividend equivalent rights tied to previously granted restricted stock units converted into 10 shares of common stock at $0.0 per share, increasing the director’s direct holdings.
On 11/20/2025, the director received a grant of 1,585 restricted stock units, each representing a contingent right to one share of Western Digital common stock. After these transactions, the director directly beneficially owned 5,663 shares of Western Digital common stock. A small cash amount was also paid to settle a fractional dividend equivalent right.
Western Digital Corp. (WDC) director equity activity centers on restricted stock units and related adjustments. The reporting person received a grant of 1,585 restricted stock units of Western Digital common stock at a stated price of $0.0 per share, reflecting a stock-based compensation award. A separate transaction on 11/19/2025 shows 14 shares of common stock acquired through the exercise of derivative securities.
Following these transactions, 1,585 shares of common stock are held directly and 37,849 shares are held indirectly through a family trust. The filing explains that 14.4258 dividend equivalent rights were converted into common stock on a one-for-one basis as related restricted stock units vested, with a small cash payment for the fractional right. It also notes an additional 1,701 stock units credited in connection with Western Digital’s February 21, 2025 spin-off, based on an equity conversion ratio of 1.452526 stock units for every outstanding stock unit.
Western Digital Corp (WDC) reported insider equity activity by a director. On 11/19/2025, dividend equivalent rights tied to previously granted restricted stock units were converted into and paid in the form of 14 shares of common stock, with a small cash payment for a fractional right. Following this, the director beneficially owned 39,518 shares of common stock.
On 11/20/2025, the director received a grant of 1,915 restricted stock units, each representing a contingent right to one share of Western Digital common stock. After these transactions, the director's beneficial ownership increased to 41,433 shares held directly.
Western Digital Corp. director equity transactions were reported for November 2025. On 11/19/2025, dividend equivalent rights tied to previously granted restricted stock units were converted into and paid in the form of common stock on a one-for-one basis, resulting in an acquisition of common shares at a stated price of $0.0 per share and the elimination of the related derivative balance. On 11/20/2025, the director received a grant of 1,585 restricted stock units, each representing a contingent right to receive one share of Western Digital common stock. Following these transactions, the director held 5,353 shares of common stock directly and 25,722 shares indirectly through a family trust.
Western Digital (WDC): Director stock sale reported. A company director reported open-market sales totaling 10,000 shares of common stock on 11/05/2025 under a pre-set Rule 10b5-1 trading plan adopted on August 1, 2025. Trades executed in multiple lots showed weighted average prices from $152.99 to $164.9907. Following these transactions, the reporting person beneficially owns 39,504 shares, held directly.
The filing notes prior adjustments from the issuer’s February 21, 2025 spin-off, including 1,701 additional stock units based on an equity conversion ratio of 1.452526 per stock unit.
Western Digital (WDC) reported insider activity by CEO and director Irving Tan. On 11/03/2025, he sold a total of 20,000 shares of common stock in multiple tranches under a Rule 10b5-1 trading plan adopted on May 12, 2025. The weighted average sale prices ranged from $149.0176 to $153.9309, with underlying trade price ranges spanning $148.38 to $154.30. Following these transactions, Tan beneficially owned 645,467 shares of Western Digital common stock.
Western Digital Corporation appointed Brad Feller as Senior Vice President and Chief Accounting Officer, effective November 14, 2025, succeeding Gene M. Zamiska. Feller will also serve as principal accounting officer.
His compensation includes a $425,000 annual base salary, a target bonus of 75% of base salary under the short‑term incentive plan, and a $300,000 signing bonus subject to two‑year repayment conditions. He will receive a sign‑on RSU award valued at $1,500,000, vesting 25% in November 2026 and the remainder in 12 quarterly installments of 6.25%. Subject to committee approval, he is eligible for a fiscal 2027 annual equity award with a grant date value of $900,000. The company will also enter into its standard indemnification agreement, and Feller will be eligible for existing severance plans.
Western Digital (WDC) reported a stronger quarter, with revenue of $2.818 billion, up from $2.212 billion a year ago, driven mainly by Cloud at $2.510 billion. Gross profit rose to $1.227 billion as operating income more than doubled to $792 million. Net income from continuing operations reached $1.182 billion, aided by a $611 million gain on the retained Sandisk interest following the February 2025 separation.
Cash from operations improved to $672 million versus $34 million last year, supporting $553 million of share repurchases (6.4 million shares) and a $0.10 per-share dividend paid to common shareholders. WDC ended the quarter with $2.048 billion in cash and $4.683 billion of debt; the $1.60 billion 2028 convertible notes became convertible and were classified as current. The effective tax rate was 12%. Customer concentration increased, with the top 10 customers contributing 77% of revenue. Subsequent to quarter-end, the board declared a $0.125 per-share dividend payable on December 18, 2025.
Western Digital Corporation announced financial results for the fiscal first quarter ended October 3, 2025. The announcement was made via an Item 2.02 current report, with the full details provided in Exhibit 99.1, a press release incorporated by reference.
The Item 2.02 information, including Exhibit 99.1, is furnished and not filed under the Exchange Act. The company’s common stock trades on the Nasdaq Global Select Market under the symbol WDC.