Western Asset WDI (NYSE: WDI) director sells 6,750 family-held shares

Q: What insider transactions did WDI director Nisha Kumar report in this Form 4?

Nisha Kumar reported two sales totaling 6,750 WDI shares from an account for her family’s benefit. The sales occurred on March 10 and 11, 2026 at per-share prices of $13.52 and $13.47 , respectively, and are reported as indirect trustee holdings.

Q: How many WDI shares were sold on each date in this Form 4 filing?

The filing shows 3,000 WDI shares sold on March 10, 2026 at $13.52 per share and 3,750 shares sold on March 11, 2026 at $13.47 per share. Both transactions involved Common Stock held indirectly as trustee.

Q: What was the total number of WDI shares sold by the reported account in this Form 4?

Across both transactions, the account sold 6,750 WDI Common Stock shares . This total comes from 3,000 shares sold at $13.52 and 3,750 shares sold at $13.47, all reported as indirect ownership where Nisha Kumar acts as trustee.

Q: Were the WDI shares sold held directly or indirectly by Nisha Kumar?

The WDI shares were reported as held indirectly , with ownership nature listed as Trustee . The footnote explains the shares are in an account for the benefit of Kumar’s family, and she disclaims beneficial ownership except for any pecuniary interest.

Q: Does Nisha Kumar claim full beneficial ownership of the WDI shares sold?

No, she states she disclaims beneficial ownership of the securities reported, except to the extent of her pecuniary interest . The shares are held in an account for the benefit of her family, and are reported as indirect trustee-held Common Stock.

Filing Impact

(Neutral)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Western Asset Diversified Income Fund (WDI) director Nisha Kumar reported two open-market sales of Common Stock held in an account for the benefit of her family. The account sold 3,000 shares at $13.52 on March 10, 2026 and 3,750 shares at $13.47 on March 11, 2026, totaling 6,750 shares of indirect trustee-held stock. Kumar states she disclaims beneficial ownership of these securities except to the extent of her pecuniary interest.

Insider Trade Summary

Net Seller: 6,750 shares

Net Sell 2 txns

Insider Kumar Nisha

Role Director

Sold 6,750 shs ($91K)

Type	Security	Shares	Price	Value
Sale	Common Stock ^F1	3,750	$13.47	$51K
Sale	Common Stock ^F1	3,000	$13.52	$41K

Holdings After Transaction: Common Stock — 0 shares (Indirect, Trustee)

Footnotes (1)

F1. These shares of Common Stock are held by account for the benefit of Ms. Kumar's family. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, the Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.

Key Figures

Shares sold March 10, 2026: 3,000 shares Shares sold March 11, 2026: 3,750 shares Total shares sold: 6,750 shares +2 more

5 metrics

Shares sold March 10, 2026 3,000 shares Common Stock sold indirectly as trustee at $13.52 per share

Shares sold March 11, 2026 3,750 shares Common Stock sold indirectly as trustee at $13.47 per share

Total shares sold 6,750 shares Sum of two reported open-market sales of WDI Common Stock

Sale price March 10, 2026 $13.52 per share Per-share price for 3,000 WDI Common Stock shares sold

Sale price March 11, 2026 $13.47 per share Per-share price for 3,750 WDI Common Stock shares sold

Key Terms

indirect, Trustee, pecuniary interest, Rule 16a-1(a)(4)

4 terms

indirect financial

"The shares are reported with ownership type marked as indirect."

Trustee financial

"The nature of ownership for these shares is listed as Trustee."

A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.

pecuniary interest financial

"She disclaims beneficial ownership except to the extent of her pecuniary interest."

Rule 16a-1(a)(4) regulatory

"Pursuant to Rule 16a-1(a)(4) under the Exchange Act, she disclaims ownership."

FAQ

What insider transactions did WDI director Nisha Kumar report in this Form 4?

Nisha Kumar reported two sales totaling 6,750 WDI shares from an account for her family’s benefit. The sales occurred on March 10 and 11, 2026 at per-share prices of $13.52 and $13.47, respectively, and are reported as indirect trustee holdings.

How many WDI shares were sold on each date in this Form 4 filing?

The filing shows 3,000 WDI shares sold on March 10, 2026 at $13.52 per share and 3,750 shares sold on March 11, 2026 at $13.47 per share. Both transactions involved Common Stock held indirectly as trustee.

What was the total number of WDI shares sold by the reported account in this Form 4?

Across both transactions, the account sold 6,750 WDI Common Stock shares. This total comes from 3,000 shares sold at $13.52 and 3,750 shares sold at $13.47, all reported as indirect ownership where Nisha Kumar acts as trustee.

Were the WDI shares sold held directly or indirectly by Nisha Kumar?

The WDI shares were reported as held indirectly, with ownership nature listed as Trustee. The footnote explains the shares are in an account for the benefit of Kumar’s family, and she disclaims beneficial ownership except for any pecuniary interest.

Does Nisha Kumar claim full beneficial ownership of the WDI shares sold?

No, she states she disclaims beneficial ownership of the securities reported, except to the extent of her pecuniary interest. The shares are held in an account for the benefit of her family, and are reported as indirect trustee-held Common Stock.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 08/19/2026 - 06:47 PM Accepted by SEC EDGAR 08/19/2026 - 06:46 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kumar Nisha

(Last)

(First)

(Middle)

C/O JANE TRUST, FRANKLIN TEMPLETON

ONE MADISON AVENUE, 17TH FLOOR

(Street)

NEW YORK

10018

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Western Asset Diversified Income Fund (WDI) [ WDI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	03/10/2026		S		3,000	D	$13.52	3,750	I	Trustee⁽¹⁾
Common Stock	03/11/2026		S		3,750	D	$13.47	0	I	Trustee⁽¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares of Common Stock are held by account for the benefit of Ms. Kumar's family. Pursuant to Rule 16a-1(a)(4) under the Exchange Act, the Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.

Remarks:

	/s/ Marc A. De Oliveira by Power of Attorney for Nisha Kumar	08/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR